Bancassurance Associate (Edo)

Responsibilities

• Act as liaison with the bank
• Working closely with bank personnel to provide policies to the bank's clientele.
• Managing our promotions and campaigns effectively to ensure market penetration.
• Product Marketing
• Working closely with District Managers in the preparation of proposals/ Product papers.
• Bancassurance Sales (Financials)
• Achieving the assigned target in terms of revenue.
• Customer Retention and Acquisition.
• Sending out and active follow up of Monthly Renewals.
• Soliciting for new businesses.
• Managing 3rd party relationships.
• Reporting
• Generation, monitoring and publish monthly (Life and General Business) Global and Retail reports on:
• Production
• Collection
• Monthly reconciliation to ensure our figures are accurate.
• Bancassurance Administrative functions.
• Day to day management of channel's activities for both Life and General Business activities.
• Market and product research analysis. (Customer product feedback & Competitors intelligence) to know what products we can improve on.
• Prompt response to all mails/requests (Quote, Underwriting, Documents and confirmation of authenticity) within agreed timelines in the SLA.
• Follow up on outstanding premiums and yet to be renewed policies.
• Process all Co - insurance transactions (Payment processing, Claims and Underwriting).
• 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
• Any other assigned duty.
• Bachelor's Degree in economics, business studies or any related field
• A minimum of 1 years' sales experience.
• 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.
• Ability to maintain high Grooming Standards.
• Excellent communication and interpersonal skills.
• Good planning and organisational skills.
• The ability to understand and analyse sales figures
• Candidates in Edo State only.

Additional Information

The primary focus of this position is to generate income for the Company by Liaising with the banks; coordinating the existing relationship with Bank's personnel and Relationship managers whilst providing profitable excellent customer service / relationship management. Reports to: District Manager The Objectives are; - To help increase/drive/improve revenue i.e GPW - To help increase/drive/grow profit - To help in channel penetration - To help in brand visibility

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