Risk Engineer: FBC Reinsurance

Application deadline date has been passed for this Job.
This job has been Expired

Risk Engineer: FBC Reinsurance

  • Post Date:February 2, 2021
  • Views 450
0 Applications
  • Qualification Degree
    Experience 5-10 Years
    Industry Business
Job Description

Applications are invited from suitably qualified individuals to fill the above named position that has arisen at FBC Reinsurance.


  • Conducting risk management, underwriting, post loss and specific surveys giving recommendations for risk improvement/elimination.
  • Maintaining the risk management office.
  • Attending to incoming risk management queries.
  • Providing technical back-up to the underwriting and claims functions.
  • Running with and coordinating the BCP and DR issues and requirements.
  • Conducting risk management surveys and compiling risk management reports.
  • Monitoring developments in the risk management field.
  • Assessing and quantifying clients’ exposure to pure risk and all risk transfer products that we provide cover for.
  • Giving sound risk control, reduction and elimination recommendations to clients.
  • Attending contentious claims issues and meetings.
  • Quantifying and computing insured’s MPL and EML.
  • Assisting in detecting fraudulent claims.
  • Interfacing, conducting reviews and interacting with independent loss adjusters assessors on major engineering, property claims and losses and attendant BI to ensure that the interests of the company are safeguarded.


  • Engineering degree; mechanical engineering degree preferred.
  • Be an Associate/Fellow of the Institute of Risk Management (IRM), ACII, IFE, Institute of Occupational Health and Safety (IOSH) Diploma in an engineering/Technical discipline would be an added advantage.
  • At least 5 years relevant experience, 3 years of which must have been at middle management level, working in a pure risk management environment with particular experience in Operational, Fire, Engineering, Environmental, Health and Safety and security surveys.


  • Must be someone with a strong presence, who can effectively interface with all management levels both within and outside the Group.
  • Have thorough knowledge of the Factories and Works Act, supporting Regulations, S.I. 68 of 1990, the Environmental Act, Model Building Bye Laws and various relevant standards.
  • Thorough knowledge of fire protection systems and security systems.
  • Good knowledge of the insurance industry, its products, operations principles and procedures.
  • A good technical and engineering aptitude.
  • Good communication, report writing skills, investigative skills and good maths aptitude.
  • Must be a self-starter, capable of producing with minimum and/or no supervision.
  • Good computer skills of all Microsoft office solutions products.
  • Good leadership skills
  • Competent in photography using a digital camera and other risk management aids like sound level meters, gas meters, pressure gauges, flow meters etc.
  • Should be able to design a proposal form for new products coming into the market.

Interested candidates are to send their applications and CVs via e-mail to [email protected] by no later than 7 February, 2021 clearly marked: Risk Engineer: FBC Reinsurance