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. invites interested and qualified applicants for the following insurance jobs in the insurance sector.
Lucy insurance envisions to be one of the best five private insurance companies in Ethiopia by 2030 by offering insurance products at affordable premiums using all marketing channels.
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.
Position 1: Claims Inspector I
Qualifications: College Diploma in Auto Mechanic or related field
Experience: A minimum of 2 years’ experience in related field and Grade 3/Motor Cycle driving skill and license is mandatory.
Required skills: Computer literate
Duty Station: Addis Ababa
Position 2: Logistics Officer
Qualifications: BA/BSC in Management, Logistics and Supply Chain Management, Business Administration,Automotive Engineering or related fields.
Experience: A minimum of 2 years of experience as a Mechanic in Fleet Management and/or directly Related experience
Required skills: Computer literate
Duty Station: Addis Ababa
Position 3: Recovery Yard Officer( Engineering Officer )
Qualifications: BA/B.SC degree in management, LLB in Law, Administrative Science or related field of study.
Experience: A minimum of 4 years of experience with BA and 3 years with LLB in related positions exposure as board secretary more advantageous.
Required skills: Computer literate
Duty Station: Addis Ababa
Position 4: Senior Attorney
Qualifications: LLB degree from a recognized university or college
Experience: A minimum of 4 years work experience in Legal activity/work as an Attorney.
Required skills: Computer literate
Duty Station: Addis Ababa
Position 5: Board Secretary
Qualifications: BA/B.SC degree in management, LLB in Law, Administrative Science or related field of study.
Experience: A minimum of 4 years of experience with BA and 3 years with LLB in related positions exposure as board secretary more advantageous.
Required skills: Computer literate
- Year of experiences will be counted after graduation
Duty Station: Addis Ababa
Deadline: August 22, 2022
How To Apply:
Therefore, those 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, near 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
