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Lucy Insurance S.C – Vacancy Announcement

Lucy Insurance S.C – Vacancy Announcement

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Lucy Insurance S.C. was established in 2012 with 39 Visionary Shareholders who are renowned business people involved in various businesses in the country. The company was established with a paid up capital of birr 8,035,000.

The company has grown its Paid up Capital to Birr 75,000,000.00 as per the Directive of the National Bank of Ethiopia that requires Insurance companies to raise their minimum paid up capital to 60,000,000.00 and 75,000,000.00 for General Insurance & General & Life Insurance respectively. As of today, the number of the company’s shareholders reached 508. In its annual meeting of shareholders it was decided that the company’s paid up capital has to be raised to Birr 200,000,000.00.

In the first year of its establishment Lucy was able to make a modest profit which shows that it is building its financial strength from the very beginning. The profitability has continued for the second year that made the shareholders to reap the fruit of their sweat by distributing 28.3% dividend per share. For another third year the company was able to get a profit of over birr 10,000,000 before tax and the forth year was marked by getting a profit of over birr 15,000,000 before tax.

Lucy has been rendering the insurance service to the society on Lucy Tower found next to Waryt. In its view of expanding its service in different places of Addis Ababa as well as in the country, it has opened nineteen branch offices in Addis Ababa (Main, Merkato, Megenagna, Stadium, Bole, Kality, Haya Hulet, Piassa, Yerer, Kera, Lideta, Bole Medhanialem, Yoseph, Addisu Gebeya, CMC, Lebu, Arat Kilo, Beklobet and Habte Gorgis) and six branch offices in Hawassa, Adama, Mekele , Wolaita Sodo, Debre Berhan and Bahirdar. Therefore, including its Main Branch, it has got twenty five branches.

Lucy Insurance S.C would like to invite qualified and interested job seekers to apply for the following vacant position.

Position 1: DCEO Operations (Re-advertised)

Job Requirement

Required Academic Qualifications and skills: BA/BSC degree preferably MA/MSC degree in Banking & Insurance, Economics, Management, Accounting or Leadership. Business Administration or related filed from a recognized Institution. Preferably have diploma in insurance from the Chartered Insurance Institute (CII) or Life Office Management Association (LOMA)

Relevant Experience: A minimum of 12 years in Insurance of which a minimum of 5 years of experience shall be in managerial capacity (Directly Reporting to CEO/DCEO Operations)

Other required skills: – Computer literate

Location: Addis Ababa

Position 2: Manager, Corporate Claims Division (Re-advertised)

Job Requirement

Required Academic Qualifications and skills: BA/BSC degree preferably MA/MSC degree in Accounting & Finance/Business Administration/Economics

Relevant Experience:  A minimum of 8 years of experience in the Insurance industry of which 4 years in core insurance Operations & managerial positions

Other required skills: – Computer literate

Location: Addis Ababa

Deadline: February 11, 2025

How to Apply

Interested and qualified candidates are invited to submit non-returnable application with copies of credentials in person to HR and Logistics Department located at Lucy Insurance S.C. Head Office 3rd floor in front of Capital Hotel (Hayahulet, adjacent to Waryt Building) within SEVEN working days.

Year of experiences will be counted after graduation Please note that only short listed applicants will be contacted.

HR & Logistics Department

Tel: 011-470-33-61

Lucy Insurance S.C

Incomplete application will not be considered

Only short listed candidates will be communicated.

Remind this:

Read the vacancy announcement carefully.

  • Check the vacancy details with eligibility.
  • Prepare your CV or Application Details.
  • Finally, apply as instructed by the authority.

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Lucy Insurance S.C – Vacancy Announcement
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