Emptiness: African Reinsurance Company (Africa Re) 2020 / 2021 Younger Insurance coverage Professionals Programme (YIPP)

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The African Reinsurance Company (Africa Re) is the main African reinsurance firm with headquarters in Lagos (Nigeria). Africa Re has six regional workplaces: Casablanca (Morocco), Abidjan (Côte d’Ivoire), Nairobi (Kenya), Lagos (Nigeria), Cairo (Egypt) and Ebene (Mauritius). The Company equally has two subsidiaries: African Reinsurance Company South Africa Ltd in Johannesburg (South Africa), Africa Retakaful in Cairo (Egypt) and one Native Workplace in Addis Ababa (Ethiopia).

Africa Re has a broad-based shareholding comprising 41 African member States, the African Growth Financial institution (AfDB), 114 African insurance coverage and reinsurance firms and three non-regional shareholders, together with main world insurers and reinsurers. The Monetary Energy and Credit score Ranking of Africa Re is A by A.M. Greatest and A – by Normal & Poor’s.

Purposes are invited for:



Title: Younger Insurance coverage Professionals Programme (YIPP)

Location: Nigeria

The Programme

  • Yearly, profitable candidates for the Younger Professionals Programme will bear a one-year coaching programme with a “stretch / studying task” in-built, the place they are going to acquire beneficial on-the-job expertise. They are going to bear an intensive 9 months’ on-line coaching on a specifically designed bundle specializing in Reinsurance, Management and Administration topics. The coaching programme shall be run in English and French.
  • Profitable candidates will then be gathered for one week in Lagos or in one other metropolis the place Africa Re has an workplace to conclude the coaching and for the commencement ceremony. In the course of the one week face- to- face coaching, members shall be divided into groups. Every workforce shall be requested to current a paper of no more than 5 pages on how they count on to affect their respective organizations within the areas of coaching, data and abilities acquisition in the event that they assume positions of authority.

The programme is predicted to positively impression members to:

  • Perceive the reinsurance business and their future missions with regard to sturdy management, governance and accountability;
  • Develop a constructive method to competitors within the African reinsurance markets by lowering some poor practices and approaches;
  • Enhance professionalism;
  • Develop / enhance inner operations processes (consumer servicing, claims dealing with, and many others.);
  • Contribute to market analysis and segmentation for low revenue purchasers, and develop merchandise for the plenty with a purpose to improve insurance coverage penetration;
  • Contribute to the development of dependable database of re/insurance coverage market statistics.

Normal Overview

  • The Younger Insurance coverage Professionals Programme (YIPP) is a web-based coaching academically designed by the London College of Insurance coverage along with Africa Re to satisfy its mission to foster the event of the insurance coverage and reinsurance business in Africa.
  • The target of this annual on-line coaching programme is to supply sensible graduates the opportunity of accelerated profession improvement thereby contributing to the progress of the African insurance coverage and reinsurance sector.
  • The insurance coverage programme is a place to begin for an thrilling profession within the business. Candidates who’re profitable for the Younger Professionals Programme will bear a coaching programme on a yearly foundation with a “stretch/studying task” in-built, the place beneficial on-the- job expertise shall be gained.
  • A profession shall be constructed by the YIPP trainee by buying data and competencies by way of a novel mixture of on-the-job expertise and a devoted on-line coaching programme in insurance coverage, reinsurance, management and administration modules.
  • On the finish of this programme, it’s anticipated that members would have been positively impacted to know the Reinsurance business and their future missions with regard to sturdy management, governance and accountability;
  • Contributors will be capable of scale back some poor practices and approaches by way of growing a constructive method to competitors within the African reinsurance markets and enhance professionalism.

Eligibility Standards
Minimal necessities for eligibility:

  • Citizen of a member state of Africa Re;
  • Most 32 years of age;
  • Bachelor’s diploma or its equal;
  • Entry to the web;
  • Wonderful written and oral communication abilities in English and/or French.
  • Related work expertise in an insurance coverage or reinsurance firm, insurance coverage broking agency or different associated fields;

Anticipated Positive factors:

  • Africa Re will sponsor the highest ten younger professionals, who efficiently full the YIPP programme, to one of many main insurance coverage/reinsurance occasions in Africa (AIO, FANAF);
  • A certificates of completion issued by Africa Re and the London College of Insurance coverage;
  • Accelerated profession improvement within the business.



Methods to Apply
and certified candidates ought to:
Click on Right here to Fill Utility Kind

Click on Right here for Extra Data

Paperwork Required
To make the method of enrollment as simple as doable, please discover under an inventory of the paperwork you have to to provide as a part of the appliance course of. Have these able to add earlier than you begin the method.

Submission of Purposes:

  • Please fill the shape by way of the hyperlink above.
  • Add supporting paperwork:
    • Curriculum Vitae
    • Cowl Letter
    • Reference Kind
    • Passport Photograph

Necessary Data / Discover

  • Upon getting submitted your utility, you’ll obtain a affirmation by e-mail.
  • Profitable candidates shall be contacted by e mail earlier than “22 January 2021” and should be obtainable to begin the programme in “February 2021”.
  • Any candidate who doesn’t take part in any of the modules shall be excluded from the programme.
  • Enquiries concerning the utility course of ought to be emailed to: purposes@younginsurancepro.com; or yippenquiries@africa-re.com.
  • Purposes are welcome from certified younger African Insurance coverage Professionals working with insurance coverage or reinsurance firms, brokerage companies, supervisory authorities or associated organizations.
  • Purposes obtained after the above deadline, won’t be thought of. Candidates ought to add their curriculum vitae, cowl letter and reference kinds. If deemed obligatory, an interview could also be a part of the evaluation course of



Necessary Notes

  • The above statements are meant to explain the overall nature and degree of labor to be carried out by individuals assigned to this job.
    They aren’t to be construed as an exhaustive record of all duties, duties and abilities required of personnel so labeled.
    All personnel could also be required to carry out different duties along with these specified every now and then, as wanted
    • We don’t cost any utility, processing, coaching, interviewing, testing or different payment in reference to the appliance or recruitment course of. Do you have to obtain a solicitation for the fee of a payment, please disregard it. Moreover, please word that emblems, logos, names and addresses are simply copied and reproduced. Subsequently, you’re suggested to use specific care when submitting private data on the internet
    • We’re an equal alternative employer and worth range inclusion. We don’t discriminate on grounds of color, race, nationality, faith, age, ethnic origin, incapacity, gender, marital standing, or sexual orientation in our employment practices
    • Our individuals are all equally gifted in distinctive methods: we come from numerous traditions, private experiences and factors of view. And we wish to embody yours, Are you able to encourage us together with your concepts?
    • We encourage all candidates to use and doesn’t follow any discrimination in any recruitment course of.
    • Purposes submitted after the deadline won’t be thought of.
    • Because of the urgency of the place, we have now the proper to recruit a candidate who matches the required profile earlier than the above deadline
    • Solely certified candidates shall be invited for interview




Utility Deadline  15th November, 2020.