Prestige Assurance Plc Job Vacancy for Branch Managers

Prestige Assurance Plc was incorporated on the 6th January, 1970 as a
Public Company under the name “The New India Assurance Company
(Nigeria) Limited” with a nominal share capital of N50,000 divided into
25,000 ordinary shares of N2 each.

In 1990, its share nominal value
changed to 50k per share.  Thereafter in line with the 1997
Indigenization Decree, New India reduced her stake to 40% while local
shareholdings rose to 60%.  Demonstrating her interest and commitment to
intensifying her continued presence in Nigeria, The New India Assurance
Company Limited in 2003 increased her shareholding to 51% with the
balance 49% held by Nigerian Shareholders till date.

We require the services of successful, versatile and highly
experienced persons for the position of Branch Managers for our Lagos
and Abuja branches respectively.

Job Title:  Branch Managers

Candidates’ Profile
The
ideal candidates must possess a minimum of 7 years cognate experience
preferably in the Insurance industry and not more than 45 years in age.

Responsibilities

• Plan and carry out effective marketing of all the various products
  of the Company and administrative activities within the agreed budget as
  set by the Management.
• Track receivables and ensure prompt premium remittance and timely
  rendition of Reports to the Head Office in line with NAICOM Directives.
• Providing proper on-the-job training to underwriters and marketers on technical aspects and conceptual underwriting knowledge.
• Advise management on all insurance matters in relation to the Branch
  as well as any other duties assigned by the management from time to
  time.
• Carry out environmental scanning and take advantage of available business opportunities.
• Determining appropriate premium rates and codes based on the classification assigned in line with the company’s objectives.
• Executing strategies to ensure that the target is met and surpassed as well as review and generation of daily marketing reports.
• Effective and efficient day to day running of the Branch Office to achieve company’s objectives.
• Developing new businesses, servicing existing accounts and growing customer base.
• Monitor renewals, processes renewal policies and make adjustments to
  rates and premiums while ensuring customer’s retention in line the
  company’s set standard.
• Assess and give quotation on risks, proposals, broking slips in close liaison with the Head Office.

Qualification

• Degree in Insurance or any other Social Science with a minimum of 2nd Class division.
• Possession of ACIIN is a prerequisite.
• Proficient in the use of MS-Word, MS-Excel, MS-Powerpoint.
• Ability to generate desired reports independently.
• Excellent communication, presentation, leadership and organizational skills.
• Postgraduate qualification is desirable.
• Good knowledge of Insurance products.

How to Apply

Interested candidates should forward a copy of their application
with detailed CV, using the position and location as the subject within 1
week from the date of this publication to: careers@prestigeassuranceplc.com
 

Only shortlisted candidates shall be invited for interview and successful candidates will be expected to resume duty immediately