Insurance Industry Employment Opportunities

Fosad Consulting Limited – Our Client, a top notch player in the
insurance Industry is seeking to hire
apt and dynamic candidates to fill
the position below:

Job Title: Bancassurance Officer

Location: Lagos, Nigeria
Job Type: Full-time

Job Summary

• The associates will be stationed to administer insurance products and offer advisory services to the banks client base.

Job Descriptions

Act as liaison with the bank:

• Attending insurance related meetings with Bank staff.
• Working closely with our branches and agents to provide policies to the bank’s clientele.
• Managing our promotions and campaigns.
• Attending monthly reconciliation meetings with Bank team

Product Marketing:

• Preparation of proposals/Product papers.
• Achieving the assigned target in terms of revenue.

Customer Retention and Acquisition:

• Sending out and follow up of Monthly Renewals.
• Soliciting for new businesses.
• Managing 3rd party relationships.
• Generation, monitoring and publish monthly(Life and General Business) Global and Retail reports on Production and Collection
• Monthly reconciliation to ensure our figures is accurate

Qualifications

• HND/B.Sc in Banking & Finance, Economics or any Social Science related field
• 2 years work experience
• Candidates must have experience in customer service

Bancassurance Administrative functions:

• Day to day activities of the channel’s management for both Life and General Business activities.
• Prepare Admin Fee and follow up to ensure timely remittance to The Bank.
• Follow up on outstanding premiums and yet to be renewed policies.
• Review and act on all documents going to and from the Bank IBTC.
• Process all Co-insurance transactions
• Liaising with the below department on The Bank’s related issues:
  • Underwriting (Life and General Business)
  • Claims (Life and General Business)
  • Finance (Life and General Business)
• Follow up on outstanding proposals.
• Maintaining strong relationship with the Bancassurance officers
• Providing support to the Team lead within the team on all pre and post sales and administrative activities.
• Market and product research analysis. (Customer intelligentence
  &Competitors intelligence) to know what products we can prove on.
• Prompt response to all mails/requests (Quote, Underwriting,
  Documents and confirmation of authenticity) within agreed timelines in
  the SLA.
• Any other assigned duty.
• Manage the staff promo process and supervise the auto run process.

How to Apply
Interested and qualified candidates should:

Click here to apply online