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Job Vacancies at Madison Life Insurance Zambia

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Madison Life Insurance Company Zambia Limited (MLife) is one of the leading and rapidly growing Life Insurance institution in Zambia. Its business focus is Life Insurance products. MLife has a branch network spread throughout the major cities in the Country with the Head Office based in Lusaka.

Do you have what it takes to join one of Zambia’s largest insurance institution? The Company invites applications from suitably qualified and experienced individuals to fill in the following vacant positions;

 

1. Position :  Manager – Micro Insurance & Corporate Marketing

Location :  Kitwe Branch

 

KEY QUALIFICATIONS, QUALITIES & ABILITIES

  • Full grade twelve certificate with at least merit in Mathematics & English.
  • A Bachelor’s Degree in Insurance or Business related studies or equivalent.
  • Advanced Diploma in Insurance from a reputable institute or pursuing advanced CII Diploma.
  • A professional qualification in Marketing would be an added advantage.
  • At least 5 years’ experience in the Insurance Industry
  • Technical Knowledge of Group Risks Business, Pensions, and Micro Insurance.
  • Excellent interpersonal skills and good negotiator and Marketer.
  • Good Client relationship management,
  • Trustworthy, confident and diligent with high level of integrity.
  • Flexible – willing to travel/work extra hours when required.
  • Ability to think outside the box and creative
  • Effective organizational skills
  • Ability to plan and formulate strategies
  • Ability to implement strategies by using or adapting tactics
  • Ability to drive and inspire
  • Interest in and awareness of markets and financial implications
  • Quick decision-making abilities and result oriented.
  • Ability to identify market segments, niches, and potential markets
  • Thorough knowledge of competitors’ products and services
  • Ability to withstand criticism and irritated people
  • Valid Driving License a must.

 

KEY RESPONSIBILITIES

The core functions of the job are as follows:

  • Marketing of Group Risk Insurance Schemes, Pension Schemes and Microinsurance and Bancassurance Products.
  • Achieve new business budget as set in the strategic Planning set targets.
  • Conducting research on the product needs of the clients.
  • Design and develop new products as the market demands.
  • Product distribution and networking.
  • Conducting surveys on the performance of the company products and provide advice to management accordingly.
  • Having the in depth knowledge of the competitors product offering and market initiatives.
  • Liaising and ensure that there is harmonized relationship with clients and intermediaries i.e. Agents and Brokers.
  • Executing and coordinating marketing strategies.
  • Keeping the Departmental expenses within Budget.
  • Provision of quotations within 48 hours of receipt of required information.
  • Monitoring and arranging the distribution of promotional materials, advertising and campaigns
  • Attending and organizing sales promotional events and exhibitions.
  • Supervising of subordinates effectively and efficiently.
  • Ensure collection of Microinsurance and corporate business premiums within the debt collection days of 30 days.
  • Achieve business retention of 95% of each product line.
  • Organize and attend marketing activities i.e. Training workshops, Trade Fairs and others.
  • Formulate and documenting all group business marketing procedures and processes.
  • Ensure quality insurance underwriting and claims management by adherence to Policy Terms and Conditions.
  • Timeliness, accuracy, completeness and quality of daily, Weekly, Monthly and Quarterly Reports as required.
  • Timeliness meetings and quick auctioning on agreed matters.
  • To ensure full ITC automation of Microinsurance business.
  • Ensure general control and security environment as evidenced by Reports from Internal Audit and External Auditors plus compliance with regulation.
  • Ensure work coordination with other Departments within the Company,
  • Training of subordinates and other Partners.
  • Any other duties as assigned.

 

2. Positions (2) :  Assistant Manager – Micro Insurance & Corporate  Marketing

Location : Lusaka – Head Office

KEY QUALIFICATIONS, QUALITIES & ABILITIES

  • Full grade twelve certificate with at least merit in Mathematics & English.
  • A Bachelor’s Degree in Insurance or Business related studies or equivalent.
  • Diploma in Insurance from a recognized Institute or pursuing CII Diploma.
  • A professional qualification in Marketing would be an added advantage.
  • At least 3 years’ experience in Insurance Industry
  • Technical Knowledge of Group Risks Business, Pensions, and Micro insurance.
  • Excellent interpersonal skills and good negotiator and Marketer.
  • Good Client relationship management.
  • Trustworthy, confident and diligent with high level of integrity.
  • Flexible – willing to travel/work extra hours when required.
  • Ability to think outside the box and creative
  • Effective organizational skills
  • Ability to plan and formulate strategies
  • Ability to implement strategies by using or adapting tactics
  • Ability to drive and inspire
  • Interest in and awareness of markets and financial implications
  • Quick decision-making abilities and result oriented.
  • Ability to identify market segments, niches, and potential markets
  • Thorough knowledge of competitors’ products and services
  • Ability to withstand criticism and irritated people
  • Valid Driving License a must

 

KEY RESPONSIBILITIES

 

The core functions of the job are as follows:

 

  • Marketing of Group Risk Insurance Schemes, Pension Schemes and Microinsurance and Bancassurance Products.
  • Achieve new business budget as set in the strategic Planning set targets..
  • Conducting research on the product needs of the clients.
  • Design and develop new products as the market demands.
  • Product distribution and networking.
  • Conducting surveys on the performance of the company products and provide advice to management accordingly.
  • Having the in depth knowledge of the competitors product offering and market initiatives.
  • Liaising and ensure that there is harmonized relationship with  clients and intermediaries i.e. Agents and Brokers
  • Executing and coordinating marketing strategies.
  • Keeping the Departmental expenses within Budget.
  • Provision of quotations within 48 hours of receipt of required information.
  • Monitoring and arranging the distribution of promotional materials, advertising and campaigns
  • Attending and organizing sales promotional events and exhibitions.
  • Supervising of subordinates effectively and efficiently.
  • Ensure collection of Micro insurance and corporate business premiums within the debt collection days of 30 days.
  • Achieve business retention of 95% of each product line.
  • Organize and attend marketing activities i.e. Training workshops, Trade Fairs and others.
  • Formulate and documenting all group business marketing procedures and processes.
  • Ensure quality insurance underwriting and claims management by adherence to Policy Terms and Conditions.
  • Timeliness, accuracy, completeness and quality of daily, Weekly, Monthly and Quarterly Reports as required.
  • Timeliness meetings and quick auctioning on agreed matters.
  • To ensure full ITC automation of Microinsurance business.
  • Ensure general control and security environment as evidenced by Reports from Internal Audit and External Auditors plus compliance with regulation.
  • Ensure work coordination with other Departments within the Company,
  • Training of subordinates and other Partners.
  • Any other duties as assigned.

If you think that you meet the above requirements, you are invited to submit your cover letter and CV electronically to the Assistant Human Resource Manager to jobs@mlife.co.zm. Closing date is Tuesday, 22nd January 2021. PLEASE MENTION THE JOB TITLE IN THE SUBJECT LINE. Please note that ONLY shortlisted candidates will be contacted

 

MLife…..Employer of Choice!!!

Business

Zamtel targets near countrywide blanket coverage as it erects 790 new towers

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Zamtel says it is confident of attaining a near countrywide blanket coverage as it nears the completion of its towers roll out project.

Zamtel Chief Executive Officer Sydney Mupeta said once the project is completed, over 90 percent of the country will have adequate communication coverage.

Mr Mupeta said Zamtel is confident it will complete the installation of the remaining towers which are part of the 1009 towers project by end of the year.

He said access to communication services in the rural areas is helping transform livelihoods.

Mr Mupeta said farmers are now able to negotiate for better prices for their produce as they can now approach different buyers using their mobile phone.

The Zamtel CEO was speaking in Msanzala Constituency in Petauke when he launched two communication towers at Misolo and Ukwimi.

“I wish to inform you that the sites we are launching are is part of the 1009 communication towers which Zamtel has been erecting in different parts of the Country mainly in rural areas as part of Phase II of the GRZ Communication Towers project. So far, this project has delivered over 790 new sites with Msanzala receiving 8 new towers, one of which we are commissioning today at Misolo,” Mr Mupeta said.

“As the GRZ Communication Towers project nears completion, we are confident that we will deliver the remaining few sites this year which is within the project schedule. Allow me to make a bold proclamation here by stating that once this project is fully completed, Zambia will have a near blanket coverage with regard to communication services,” he said

He added, “This means that almost all the corners of this beautiful Country will have access to communication services.”

And Msanzala PF Member of Parliament Peter Daka says the PF government deserves re-election because they have delivered development everywhere.

Mr Daka said there is no part of Zambia that has not been touched by any form of development.

He said the PF under President Lungu has constructed roads, built clinics and hospitals and installed communications towers across the country.

“President Lungu promised when he came here that he will bring development without leaving anyone behind and this is what is happening today. We are here launching this tower as testimony of that promise by His Excellency President Edgar Chagwa,” Mr Daka said.

At the two ceremonies, both Chief Nyampande’s Representative Joyce Mwanza and Chief Sandwe commended Zamtel for bringing its network closer to the people.

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Business

The University of Zambia (UNZA) commences construction of 3km perimeter wall fence

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THE University of Zambia (UNZA) has commenced the construction of the three (3) kilometres perimeter wall fence aimed at securing the institution from vandals and theft activities.

Speaking during the official ground-breaking and laying of the foundation stone ceremony, University of Zambia Vice Chancellor, Prof. Luke Evuta Mumba says that, once completed, the wall fence will enhance the outlook of the university but also improve the security of its infrastructure as well as the community living and working within the institution.

The Vice Chancellor has thanked the government of the Republic of Zambia, in particular the Ministry of Local Government for funding the construction process. The Vice Chancellor adds that, the funds for the construction of the wall fence have been derived from a compensation arising from the land affected by the construction of the new road connecting Nangwenya and Kamloops roads.

The University of Zambia has in the recent past embarked on a massive infrastructure development program, demonstrated by a number of projects at both the Great East Road and Ridgeway campuses. Of note, is the East Park Mall developed by Graduare Property Development Limited, the construction of student hostels which are yet to be completed, the construction of the road connecting Nangwenya and Kamloops roads and most recently the completion of the Teaching and Learning Complex commissioned by the Republican President, Dr. Edgar Chagwa Lungu.

While the University of Zambia notes with pride, that these developments have changed the outlook of the university, it also notes that the developments have exposed the institution to a number of entrances into its premises. This exposure has in turn brought about challenges in effectively providing security to the university and its important installations.

To secure the university from vandals and theft activities, Management of the institution has embarked on a project of constructing a perimeter wall fence around the university which is expected to be completed within three (3) months.

This is according to a press statement issued by Dr. Brenda Bukowa, A/Head – Comm. & Marketing at the University of Zambia (UNZA).

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Business

Minister was wrong to declare CEC’s transmission and distribution lines as a common carrier, Court rules

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THE Lusaka High Court has quashed Energy Minister Matthew Nkhuwa’s decision to declare the Copperbelt Energy Corporation (CEC’s) transmission and distribution lines as a common carrier.

In her judgement delivered on Friday judge Elita Mwikisa noted that there was a failure on the part of the Minister to act with procedural fairness towards CEC.

She said Minister’s decision to declare CEC’s transmission and distribution lines as common carrier through the passing of S.I No.57 of 2020, had taken away CEC’s rights to negotiate terms and conditions of use of its infrastructure in view of the fact that any enterprise can use CEC’s infractructure at the wheeling charge that ERB has set, which CEC had argued was not cost effective.

“In fact, KCM has abrogated its contractual obligations under the Power Supply Agreement (PSA) to pay the debt owed to CEC amounting to USD 144 million. I agree with CEC that S.I No. 57 of 2020 is too wide in its application in that it affects all the applicant’s transmission and distribution lines instead of only affecting lines supplying power to KCM,” judge Mwikisa said.

She found that the minister’s decision to declare CEC’s distribution and transmission lines as a common carrier was not for purposes of the Act but was intended to assist KCM avoid the effect of section 43 of the Electricity Act.

Judge Mwikisa agreed with CEC that the Minister’s decision was meant to ensure continous supply of electricity power to KCM, despite being indebted to CEC.

“The Minister’s decision is ultra vires the provisions of section 15 (2) of the Act and therefore illegal. KCM failed to pay the debt of USD144 million and CEC has the right under section 43 (1) to discontinue the supply of power,” she further said.

She further said CEC was not fairly treated by the Minister who arbitrarily used his powers to declare its transmission and distribution lines as common carrier without giving CEC a chance to negotiate terms and conditions for the use of its infrastructure.

“All in all, I find that the applicant has succeeded on all grounds under order 53 rule 3 of the Rules of the Supreme Court. I accordingly quash the decision of the Minister of May 29, 2020, to declare the applicant’s transmission and distribution lines as a common carrier. Costs follow the event,” ruled judge Mwikisa.

In this matter, CEC which cited the Attorney General and the Energy Regulation Board (ERB) as respondents, was seeking a declaration that Nkhuwa’s decision dated May 29, 2020, to declare its transmission and distribution lines as common carrier was unlawful.

CEC wanted a declaration that the decision of the Minister of Energy to direct it to provide a wheeling path for Zesco Limited to supply power to KCM on terms directed by the Energy Regulation Board was illegal and therefore null and void.

It also wanted a declaration that the decision by the Director General of the Energy Regulation Board of May 31, 2020 to direct it to charge a wheeling tariff of US$5.84/kw/per month was illegal and therefore null and void.

CEC further wanted among others, an order to quash the said decisions and a further order to stop Nkhuwa from enforcing SI no.57 of 2020 as it is illegal.

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ZAMBIA: COVID-19 STATS

06 Mar 2021, 5:03 AM (GMT)

Zambia Stats

82,011 Total Cases
1,116 Deaths
77,609 Recovered

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