Bancassurance Officer Job at Fosad Consulting

Fosad Consulting, LLC. - Our client, a top-notch player in the Insurance Industry is recruiting to fill the position below:

Job Position: Bancassurance Officer
Job Locations: Lagos Island, Lagos Mainland - Lagos, Ile-Ife - Osun, Akure - Ondo, Ilorin - Kwara, Ibadan - Oyo and Shagamu - Ogun
Employment Type: Full-time

Key Responsibilities
Attending insurance related meetings:

• Working closely with our branches and agents to provide policies to the clientele.
• Managing our promotions and campaigns.
• Attending monthly reconciliation meetings with the 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( General Business) Global and Retail reports on Production and Collection
• Monthly reconciliation to ensure our figures is accurate.

Bancassurance Administrative Functions:

• Day to day activities of the channel’s management for General Business activities.
• Market and product research analysis. (Customer intelligence & Competitors intelligence) to know what products to improve on.
• Prepare Admin Fee and follow up to ensure timely remittance.
• Follow up on outstanding premiums and yet to be renewed policies.
• Review and act on all documents going to and from the client.
• Process all Co - insurance transactions
• Claims (General Business)
• Finance (General Business).

Qualifications

• Experience: Minimum of 2 years of experience in sales and marketing roles within relevant industries.
• Education: Bachelor's degree in Economics, Business Studies, or a related field.

Skills:

• Experience in customer service.
• Excellent Marketing and negotiation skills.
• Good Relationship management skills.
• Ability to self-motivate and manage self.
• Good I.T, budget and report writing skills.
• Excellent communication and interpersonal skills.
• Good planning and organizational skills.
• The ability to understand and analyze sales figures.

Benefits

• Health Maintenance Organization (HMO): Comprehensive health insurance coverage for you and your dependents.
• 13th-Month Salary: Receive an additional month’s salary each year.
• Pension: Statutory contribution, remitted monthly.