Law Union & Rock Job Vacancy for a Business Development Manager

Law Union & Rock is one of the first generation Insurance Companies to open office in Nigeria six decades ago. We began operations in Nigeria in 1951 as a Chief Agency when the late Sir Mobolaji Bank-Anthony held the power of Attorney for Royal International Insurance Holding, a U.K leading Insurance Company [the first Nigerian to have such authority]. We are recruiting to fill the position below: Job Title: Business Development Manager, Financial Institution Location: Lagos Job Description

• Lead financial institutions operations
• Responsible for all bank insurances polices
• Arrange management meetings with some major clients or prospects.
• Responsible to carrying out other responsibilities given by the CMO and other superior officers.
• Oversee other unit member performance on daily basis and arrange referrer or new prospect for them to follow up
• Conduct market research to open business opportunities for the unit and the company as a whole.
• Create and implement business strategies and goals.
• Develop sales quotas.
• Minimize company risks.
• Manage and work alongside adjusters, investigators, inspections and appraisers of risk.
• Proclaim the good image of LUR among all banks and other financial institutions
• Responsible for all fac and coinsurance businesses with all insurance companies.
• Analyse statistical data, such as mortality, accident, construct probability tables to forecast risk and liability for payment of future benefits when the risk insured occurs.
• Solicit potential buyers of policies in the areas of direct businesses.
• Determine discounts and premiums to silence competitors on some big transactions.