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Introduction to the Corporation

WAICA Re is one of the fastest growing reinsurance companies in Africa. WAICA Re is headquartered in Freetown (Sierra Leone) and operates through four (4) Regional Offices across Africa namely Lagos (Nigeria), Accra (Ghana), Abidjan (Côte d’Ivoire) and Tunis (Tunisia). It also has four (4) Subsidiaries Companies namely, WAICA Re Zimbabwe Limited in Harare (Zimbabwe), WAICA Re Kenya in Nairobi (Kenya) and investments company namely WAICA Re Capital, Accra (Ghana) and WAICA Re (United Kingdom).

WAICA Re is rated by A.M. Best with a Financial Strength Rating of B+ and a long-term Issuer Credit rating of “bbb-” with a stable outlook. WAICA Re announces the vacancy of the position of ASSISTANT OFFICER, IT to be based in any of our operating countries.

Job Purpose

The Deputy Chief Executive Officer role works hand in hand with the Chief Executive Officer and is responsible for the full formulation and execution of the subsidiary’s strategy which is aligned to Group Corporate Strategy, to enhance and ensure attainment of shareholder’s value.

The subsidiary is responsible for provision of service to the Southern Africa and Indian Ocean Islands Markets.

The role is an Executive role reporting to the Chief Executive Officer

Job duties and responsibilities
Strategic
  • Leads, in conjunction with Chief Executive Officer the development of the Subsidiary’s strategy, aligned to the Group Corporate Strategy, to maximize shareholder’s value and enhance the positioning of the Subsidiary in Southern Africa and Indian Ocean Islands Market
  • Implement the approved strategy through utilization of internal approved policies and procedures and local insurance regulatory framework
  • • Research on current trends in the industry and modern business practices for recommendation to Chief Executive Officer
  • Drafts and analyses relevant reports for the Subsidiary to enable sound decision making
Operational
  • Plans the activities in the Subsidiary through a detailed programme work plan, to achieve agreed targets and standards for financial and operational performance through upholding agreed quality, culture and legislative standard
  • Manages the development of systems, processes and methodologies based on in-depth knowledge of the business context, objectives, and structures to enhance business effectiveness and efficienc
  • Responsible in conjunction with Chief Executive Officer for the organization's budget and ensures the work is effectively (and cost effectively) managed, promoted, resourced, and evaluated to achieve maximum impact and benefit
  • Ensures compliance with all relevant legislation and regulatory requirements through developing and sustaining sound Corporate Governance Structures
  • Engages constructively and builds strong relations with the relevant Stakeholders and partners in the insurance and reinsurance industry and acting in the best interest of the organization whilst creating a competitive advantage for the Subsidiary
  • Conducts business in adherence to policy and engage in profitable reinsurance
Financial
  • Ensure attainment of the Subsidiary’s set financial KPIs such as gross written premium, underwriting profit, net profit, combined ratio and return on equity
  • Ensures the development of budgets and required resources to support the operating plan for the approved Strategy.
  • Recommends Investment activities as guided by the Group Policies.
Human Resources
  • Mentors and interacts with members of staff at all levels to foster growth and encourage development of staff as guided by the Group’s HR Policies.
  • Ensures individual performance through continuous assessments and reviews to enable talent identification and development
  • Fosters and upholds the Group’s vision, culture and values, in all staff to build a reputation that is identifiable with the Group to all clients, suppliers, partners and regulatory/official bodies

Candidate Profile

Qualifications
  • Have a first degree in related discipline
  • Be an Associate (at least) of the Chartered Insurance Institute (ACII) or equivalent
  • A Master’s degree in Business Administration (MBA) or equivalent
Experience
  • Candidates should have at least 10-15 years post qualification experience with at least 10 years in a Managerial role
  • Experience of the global insurance industry including Southern Africa would be an added advantage
Competencies
  • A strategic thinker with exceptional insurance literacy.
  • Strong communication, marketing and negotiation skills.
  • Exceptional interpersonal and networking skills with a variety of stakeholders.
  • Goal oriented and Innovative with strong leadership and organizational skills.
  • Cross cultural and cross functional skills and a team player.
Application Procedure

Interested Candidates for this role shall be required send an Application letter and a CV to info@waicare.com

Introduction to the Corporation

WAICA Re is one of the fastest growing reinsurance companies in Africa. WAICA Re is headquartered in Freetown (Sierra Leone) and operates through four (4) Regional Offices across Africa namely Lagos (Nigeria), Accra (Ghana), Abidjan (Côte d’Ivoire) and Tunis (Tunisia). It also has four (4) Subsidiaries Companies namely, WAICA Re Zimbabwe Limited in Harare (Zimbabwe), WAICA Re Kenya in Nairobi (Kenya) and investments company namely WAICA Re Capital, Accra (Ghana) and WAICA Re (United Kingdom).

WAICA Re is rated by A.M. Best with a Financial Strength Rating of B+ and a long-term Issuer Credit rating of “bbb-” with a stable outlook. WAICA Re announces the vacancy of the position of ASSISTANT OFFICER, IT to be based in any of our operating countries.

Job Purpose

The Head, Internal Audit Role is responsible for the Group’s strategic risk-based internal audit plan and managing the internal audit function in accordance with the Group’s internal audit charter and the professional standards for internal auditing promulgated by the Institute of Internal Auditors. The work will include managing audits including evaluating internal controls, performing, and documenting audit test work, communicating audit issues to management, writing audit reports, identifying and evaluating emerging areas of organizational risk for the Group

The Head, Internal Audit reports functionally to the Group Board, Risk Management, Audit and Internal Compliance Committee and administratively to the Group Chief Operating Office

Job duties and responsibilities
Strategic
  • Develops the Group Strategic Plan for the Audit Function to improve financial and operational management of the business
  • Contributes to the formulation and implementation of Group strategy
  • Implement the approved strategy through utilization of internal approved policies and procedures and various regulatory frameworks in countries of operation
  • Research on new ideas and approaches and modern business practices for the Audit function for recommendation to Group Chief Operating Office
  • Drafts and analyses relevant reports for the Group and Subsidiaries to enable sound decision making
Operational
  • Develop the Audit Plan in line with the Audit Policies, including programmes and procedures to evaluate the effectiveness and adequacy of the Group’s internal control environmen
  • Plan, organize, direct, and control the day-to-day internal audit activities ensuring that all audit work is performed independently with due diligence and timelines
  • Collaborate with External auditors to ensure effectiveness of service delivery and appropriate resolution of findings/issues identified
  • Carry out quality assessment and quality control checks on daily operational activities
  • Prepare internal audit reports for distribution to the Board and regulatory authorities
  • Make presentations to the Board on internal audit finding
  • Collaborate with Heads of Departments to resolve audit exception.
  • Monitor the evaluation of compliance to statutory and regulatory requirement.
  • Develop organizational competence framework for the audit function to integrate best practices in workflow processes, measurement, technologies, and resource deployment.
  • Develop and undertake periodic reviews of the Internal Audit Manual.

Candidate Profile

Qualifications
  • Have a first degree in Accounting/Finance or Equivalen
  • Professional membership CA, ACCA or equivalen
  • A Master’s degree in Business Administration (MBA) or equivalent is an added advantage
Experience
  • Candidates should have at least 10 years post qualification experience with at least 5 years in a Managerial role in the Audit Function
Competencies
  • A strategic thinker, results oriented and resilient individual who will drive through and implement the audit plan with flexibility
  • Effective communicator with the ability to persuade and influence
  • Highly motivated individual, with ability to work under pressure
  • Cross cultural and cross functional skills and a team player.
Application Procedure

Interested Candidates for this role shall be required send an Application letter and a CV to info@waicare.com

Introduction to the Corporation

WAICA Re is one of the fastest growing reinsurance companies in Africa. WAICA Re is headquartered in Freetown (Sierra Leone) and operates through four (4) Regional Offices across Africa namely Lagos (Nigeria), Accra (Ghana), Abidjan (Côte d’Ivoire) and Tunis (Tunisia). It also has four (4) Subsidiaries Companies namely, WAICA Re Zimbabwe Limited in Harare (Zimbabwe), WAICA Re Kenya in Nairobi (Kenya) and investments company namely WAICA Re Capital, Accra (Ghana) and WAICA Re (United Kingdom).

WAICA Re is rated by A.M. Best with a Financial Strength Rating of B+ and a long-term Issuer Credit rating of “bbb-” with a stable outlook. WAICA Re announces the vacancy of the position of ASSISTANT OFFICER, IT to be based in any of our operating countries.

Job Purpose

Through the guidance of the Group Head IT, the Assistant IT Officer’s role is to manage area-specific technology resources whilst monitoring and maintain the computer systems and networks of an organisation by deriving all set goals from the IT strategy

The position reports to the Group Head, IT

Job duties and responsibilities
  • The position reports to the Group Head, IT
  • Integrate security, physical control solutions for all confidential data and systems
  • Monitor performance and manage parameters to provide responses to front-end user
  • Monitor and maintain Cloud and physical computer systems and networks
  • Identify security gaps and provide relevant solution
  • Test and evaluate all new technology including M&E systems e.g. database systems
  • Enhance office IT system through appropriate upgrades and advise Group Head IT/Research on changes or improvements required
  • Provide overall administrative support to the Group IT/Research Departmen
  • Undertake extensive research on emerging technologies

Candidate Profile

Qualifications & Competencies
  • Bachelor’s in information technology or a relevant field require
  • Studying towards some professional qualifications i.e., Microsoft, CISO, ISACA, COMPTi
  • At least 2 years of experience in the IT department
Competencies
  • Develop reports in Business Object and Power BI and working with SQL databases would be an added advantage
  • Excellent observation and data analytical skil
  • Knowledge in an AWS Cloud infrastructur
  • Highly motivated individual, with ability to work under pressure
  • Cross cultural and cross functional skills and a team playe
Application Procedure

Interested Candidates for this role shall be required send an Application letter and a CV to info@waicare.com

Be Part of WAICA Re Culture and Discover a world of Opportunities

While we don't have any open roles right now, we're always on the lookout for talented people to join our ranks. Please feel free to send us your CV along with a covering letter to info@waicare.com

We provide reinsurance solutions for large and complex risks across business lines and borders.

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