Executive Director – Life Insurance Business

About the role

The Executive Director – Life Insurance Business will lead the Life Assurance division, reporting directly to the MD/CEO. This senior position is responsible for driving strategic growth, operational excellence, and digital transformation across the life insurance portfolio.

Key responsibilities

• Develop and execute a 3‑to‑5‑year business plan to increase market share.
• Oversee life underwriting, claims administration, and actuarial valuation frameworks.
• Champion data strategies and upgrade IT infrastructure to enhance customer service.
• Expand retail, corporate partnership, and bancassurance distribution channels.
• Ensure compliance with NAICOM guidelines, corporate governance codes, and local laws.
• Manage investment strategies for life funds and the division’s P&L.

Required profile

• Minimum 15 years of experience in insurance, with 5–8 years in a senior executive role.
• Bachelor’s degree in Insurance, Actuarial Science, Finance, or a related field; MBA or MSc is a plus.
• Fellow or Associate of the Chartered Insurance Institute of Nigeria (CIIN).
• Must satisfy NAICOM “Fit and Proper” criteria for board‑level appointments.

Required skills

• Strong risk‑management expertise.
• Deep understanding of digital insurance ecosystems.
• Knowledge of local market dynamics and regulatory environment.

What we offer

• Highly competitive executive compensation package.
• Comprehensive health, wellness, and life insurance benefits.
• Board‑level influence and strategic autonomy.