Bancassurance/ Sales Associates (Sagamu)

The primary focus of this position is to generate income for the company by liaising with banks; coordinating the existing relationship with Bank’s personnel and Relationship managers whilst providing profitable excellent customer service / relationship management.

Reports to : District Manager

Core 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 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
• A minimum of 1-year sales experience
• Strong communication skills
• Selling skills and relationship management skills
• Strong commitment for sales success.

Only qualified candidates will be contacted.