About
Lucy Insurance S.C. at a glance
Lucy Insurance S.C. was established in 2012 with 39 Visionary Shareholders who are renowned business people involved in various businesses in the country with a paid-up capital of birr 8,035,000. It has grown its Paid-up Capital to Birr 75,000,000.00, as per the Directive of the National Bank of Ethiopia, which requires Insurance companies to raise their minimum paid-up capital to 60,000,000.00 and 75,000,000.00 for General and Life Insurance businesses. As of June 30, 2023, the Company’s paid-up capital has reached Birr 160.2 million, and its shareholding base has increased to 564, which is a huge potential for the Company’s growth and expansion. The Company owns its headquarters building located at Haya Hulet In front of Capital Hotel next to Waryt Mulutlia and is rendering General insurance service through its 35 branch offices (28 city branches and 7 outlying branches) and in-house developed database. Moreover, it has created job opportunities for more than 280 skilled and talented employees.
Like every insurance company operating in the country, Lucy Insurance S.C. is licensed and supervised by the National Bank of Ethiopia (NBE), which sets prudential rules around capital adequacy, reserves, interest-rate guidance, foreign-exchange allocation, and consumer protection.
Products and services
What Lucy Insurance S.C. typically offers
Specific terms, rates, and eligibility change frequently; the authoritative source is the bank's official website. These categories are common across Ethiopian commercial banks:
Personal banking
Savings, fixed deposit, current accounts, ATM and debit cards, mobile and internet banking.
Business and SME
Working capital loans, trade finance, business accounts, cash management.
Corporate and treasury
Project finance, syndicated lending, foreign exchange, treasury services.
Diaspora banking
Foreign currency accounts, remittance services, diaspora mortgage and auto loans.
Digital channels
Mobile banking app, USSD services, internet banking, agent banking network.
Interest-free banking
Where offered: Mudaraba and Wadi’ah accounts, Murabaha financing for Shari’ah-compliant customers.
Careers
Working at Lucy Insurance S.C.
Lucy Insurance S.C. recruits across a standard set of cadres common to Ethiopian insurance companys. Most vacancies require a Bachelor's degree in a relevant field (banking, accounting, finance, economics, management, IT, or law). New graduates typically enter through trainee or junior officer roles based in a branch; mid-career hires apply for officer, specialist, or branch-management positions. The requirements in the table below reflect typical vacancy notices published by CBE, Awash Bank, and Dashen Bank between 2023 and 2025.
| Role | Typical requirement | Entry path |
|---|---|---|
| Banking Trainee | BA, fresh graduate, GPA ≥ 2.5 | Direct application |
| Customer Service Officer | BA + 0 to 1 yr experience | Branch posting |
| Junior / Associate Officer | BA + 1 to 2 yrs | Internal or external |
| Senior Officer | BA + 4+ yrs | Promotion / lateral |
| Branch Manager | BA + 6 to 8 yrs, leadership | Promotion |
| Credit / Risk Officer | BA finance + experience | Specialist hire |
| IT Officer | BSc CS or IT + experience | Specialist hire |
| Internal Auditor | BA accounting + CA or ACCA | Specialist hire |
Source: vacancy notices published by Commercial Bank of Ethiopia, Awash Bank, and Dashen Bank, 2023 to 2025.
Salaries combine a basic monthly amount with allowances (transport, housing, position) and an annual bonus tied to bank performance. Specific figures vary by cadre, tenure, and grade. Confirm offers in writing.
How to apply
Five steps from finding the notification to applying
- Step 1Find the active notification on this page's Open positions section, or on the bank's official website.
- Step 2Read the eligibility criteria carefully. Qualification, GPA, age, and experience requirements are enforced strictly.
- Step 3Prepare your CV, scanned credentials (degree, transcript, work experience letters), and a passport photo. Some notifications ask for a brief cover letter.
- Step 4Submit before the deadline through the channel the bank specifies (online portal, walk-in, or designated email).
- Step 5Shortlisted candidates are typically contacted within 2 to 6 weeks for a written exam and / or interview. Keep your phone reachable.
Regulatory context
Supervised by the National Bank of Ethiopia
All insurance companys operating in Ethiopia, including Lucy Insurance S.C., are licensed and supervised by the National Bank of Ethiopia (NBE), the country's central bank. The NBE sets prudential rules around capital adequacy, reserve requirements, interest-rate guidance, foreign-exchange allocation, and consumer protection. Institution-specific terms (deposit rates, loan rates, account opening requirements) must comply with NBE directives but otherwise vary across institutions.
Open positions
33 vacancies at Lucy Insurance S.C.
Sorted by newest first. Click for full eligibility and how to apply.
Compare
Lucy Insurance S.C. vs other Ethiopian insurances
Side-by-side on the metrics jobseekers actually weigh: open vacancies, age of the institution, where it operates from.
Frequently asked
Questions about working at Lucy Insurance S.C.
Is Lucy Insurance S.C. currently hiring?
What qualifications does Lucy Insurance S.C. typically require?
How are salaries structured at Ethiopian banks like Lucy Insurance S.C.?
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When was Lucy Insurance S.C. founded?
Does Lucy Insurance S.C. offer Interest-Free Banking?
How do I apply for a job at Lucy Insurance S.C.?
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