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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About the company
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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