Insurance Company Vacancy in Lagos for a Bancassurance Officer


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
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.
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

How to Apply

Interested and qualified candidates should:
Click here to apply online