Insurance
Nyala Insurance Share Company (NISCO)
Qualification and Experience:
Duty station: Addis Ababa
Remuneration: Nyala Insurance offers a competitive and attractive remuneration package.
Closing date:…………….December 14, 2024
Interested applicants who fulfill the above requirements are invited to submit their application with non-returnable copy of CV and credentials to the under mentioned postal address or in person at our HO (Protection House) 3rd floor Room No. 307 located around 22 Mazoria Mickey Leland Road.
N.B. Only short listed applicants will be contacted and invited for interview.
NYALA INSURANCE S.C. (NISCO)
PROTECTION HOUSE
P.O. Box 12753
*Addis Ababa
Nyala Insurance S.C. (NISCO) is a leading insurance company in Ethiopia known for its strong performance, growth, and financial position. Established in 1995 with a subscribed capital of Birr 25 million and paid-up capital of Birr 7 million, NISCO initially focused on general insurance business. In 2005, it expanded to include life insurance and increased its paid-up capital to Birr 35 million. Over the past 10 years, NISCO has experienced rapid growth, with its paid-up capital reaching Birr 830 million. Headquartered in Addis Ababa, NISCO operates through a network of 48 service outlets (41 Service Centers and 7 Contact Offices) across Ethiopia. In 2023, the company wrote Birr 1.3 billion of premium income, realized a gross profit of Birr 303.6 million, and had total assets of Birr 3.8 billion. NISCO has recently shifted its focus to digital insurance services and introduced a five-year strategic plan called "DigiLeap." This plan aims to digitize the insurance business and reflects the company's forward-thinking approach.
