Vacancy Announcement – Lucy Insurance S.C
Thank you for reading this post, don't forget to subscribe!Thank you for reading this post, don't forget to subscribe!About Lucy Insurance
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’s paid-up capital was initially birr 8,035,000. Over time, the company has increased its paid-up capital to birr 75,000,000.00 in accordance with the directive of the National Bank of Ethiopia. This directive requires insurance companies to raise their minimum paid-up capital to birr 60,000,000.00 for general insurance and birr 75,000,000.00 for general and life insurance. Currently, the company has 508 shareholders. In the annual meeting of shareholders, it was decided to further increase the company’s paid-up capital to birr 200,000,000.00.
Lucy made a modest profit in its first year and has continued to be profitable in the second year, resulting in a dividend of 28.3% per share for shareholders. The company made a profit of over birr 10,000,000 before tax in the third year and over birr 15,000,000 before tax in the fourth year.
Lucy Tower, located near Waryt, provides insurance services to the community. To expand its services in Addis Ababa and the rest of the country, Lucy has opened 19 branch offices in Addis Ababa and six in other cities, bringing the total number of branches to 25.
Lucy Insurance Share Company would like to invite qualified and interested job seekers to apply for the following position.
Position 1: Branch Manager I
Job Requirement
Required Academic Qualifications and skills: BA/BSC degree in Business Administration, Accounting/ Economics, Management or related field of study
Minimum Work Experience: A minimum of 5 years of experience in insurance operation of which 2 years in Senior position.
No. Required:3
Duty Station: Addis Ababa
Note:
Other required skills: – Computer literate
Year of experiences will be counted after graduation
Deadline: November 13, 2023
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 around Hayahulet in front of Capital Hotel (adjacent to Waryt Building) within SEVEN working days.
Please note that only short listed applicants will be contacted.
HR & Logistics Department
Tel: 011-470-33-61
Lucy Insurance S.C
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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