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Director, BancassuranceCoronation Insurance

LagosNigeria
9 months0 Applicants
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job description - Director, Bancassurance

  • Drive sales and achieve insurance sales target for customers based on assigned bank branches
  • Cross-sell insurance products to customers.
  • Develop an open and trusting relationship with Bank’s Branch Managers/officers/staff
  • Establish and monitor processes that facilitate enhanced sales effectiveness, ongoing positive contribution and smooth relationship management between the partners and the organization.
  • Develop channel sales plan with effective budget forecasting across recruitment, licensing, activisation and productivity targets for the sales force
  • Lead the facilitation of smooth onboarding of customers and ensure prompt delivery to customers within the Service Level Agreement.
  • Manage and monitor the life, general Insurance & health Insurance sales across all territories
  • Lead complex and major sales presentations and negotiations with customers
  • Lead the team of associates to drive insurance business in the assigned territory.
  • Support bank branches by ensuring sales of insurance products.
  • Prepare reports to present findings and document information in a systematic manner
  • Work jointly with product & marketing, Underwriting Departments for pre-sales activities & support for sales acquisition
  • Act as a support function for the assigned branches for queries related to Insurance business.
  • Mapping robust and effective Bancassurance training execution.
  • Conduct regular visits in the assigned branches to develop insurance sales.
  • Spearhead all lead generation initiative from the bank – whether through walk in, data-mining, referrals and others.

Education and Qualifications

  • Bachelor's Degree in Economics, Marketing, Insurance or equivalent fields
  • Minimum of 15 years experience in insurance sales especially in bancassurance
  • Previous sales experience in a financial institution will be advantage

Required Skills and Competencies:

  • Knowledge of Bancassurance partnership distribution channel
  • Knowledge of the Nigerian financial services market and Insurance sector will be of great advantage.
  • Ability to multitask
  • Industry Knowledge – well versed with product insurance knowledge and industry trends.
  • Result Orientation- performance oriented.
  • Strong communication and interpersonal skills
  • Strong networking and relationship management skills.
  • Excellent negotiation skills
  • Proficient with Microsoft office suite.
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The Company has a history of delivering efficient and transparent insurance solutions to discerning clients; a culture reflective of the strength and leadership which underpins the company’s foundatio

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