System Control Officer at AIICO Insurance

AIICO Insurance Plc. commenced operations in 1963, and became a public liability company in 1989. In 1990, we got listed on the Nigerian Stock Exchange. AIICO Insurance Plc. is the largest Life Insurer in Nigeria. While our Stability, Strength, Security and Trust over the years have placed us at a better advantage in all classes of Life Assurance, our global affiliations have also enable us to provide the widest range of Non-Life insurance solutions to our clients. We are a Financial Services Company supported by a team of experienced professionals and risk management specialists who design bespoke solutions that cater to the versatility of our client individual needs.

Job Description

• To advise IT and business stakeholders on IT and System control best practices of the operations and processes to reduce risks and improve efficiency and financial profitability.

Roles and Responsibilities

• Support all Internal Control assessment, operation Risk and execution of activities.
• Ability to write SQL or ACL script for new request or amend existence Scripts to suit the new requirement of assigned tasks.
• Gather and analyze data for key deliverables relating to effective execution of Internal Control Activities.
• Conduct vulnerability and penetration assessment.
• Conduct risk assessment from cord insurance operations.
• Develop a detailed understanding of the activity under IT risks and controls.
• Assist in the recognition of key risk areas, incidents, control issues and assess their impact and recommend actions to enhance control.
• Assess IT risks and internal control strengths and weaknesses. Develop Control Check List and work program.
• Monitor the developed control check list for compliance and execute the work outlined in the work program.
• Conduct various IT review in line with IT annual plan and other assigned tasks.
• Advise IT and business stakeholders on control best practices within their processes to reduce risks and improve efficiency and financial profitability.
• Prepares formal report, expressing opinions on the adequacy and effectiveness of the system and the efficiency with which control activities are carried out.
• Document the work performed and conclusions, and appraises the adequacy of the corrective action taken to improve deficient conditions.
• To assist the System Control manager in providing reasonable assurance on the IT control operations of the company.

Education and Experience

• First degree in computer science, Accounting /finance or any related discipline.
• Professional qualification (ACA, CISA) would be an added advantage
• Minimum 2 years of working experience in IT control or IT Auditing, Data analytics related role in a Financial Institution or External Audit and proficiency in SQL or ACL.

Core Competencies:

• Communication & Presentation Skills.
• Problem-Solving & Decision-Making.
• Analytical & Strategic, and Critical Thinking.
• Pay attention to details and very smart.
• Negotiation & Stakeholder Management
• Initiative & Proactiveness
• Time & Self-Management.
• Team Collaboration & Interpersonal Skills.

Functional Competencies:

• Proficiency in Audit Command Language (ACL) / Structure Query Language (SQL)
• Strong MS Excel, Word, and Power Point skills.
• Strong Data Analytical Skills.
• Meticulous and results-oriented, with the ability to strive in a fast-paced work environment.
• Monthly exceptions and activities report.
• Provide a reasonable assurance on IT System security and functionalities.
• Report of IT applications review.
• Prompt detection of wrong or abnormal posting into System.

Method of Application