Job Opening for Bancassurance Associates (Jos) at A Top Notch Insurance Company

Our Client, a top notch player in the insurance Industry is seeking to hire apt and dynamic candidates who will function as Bancassurance associates in different designations where they have presence. The associates will be stationed to administer insurance products and offer advisory services to the banks client base. Job Title:  Bancassurance Associates (Jos)Job DescriptionThe 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 ManagerThe Objectives are;To help increase/drive/improve revenue i.e GPWTo help increase/drive/grow profitTo help in channel penetrationTo help in brand visibilityCore ResponsibilitiesAct as liaison with the bankWorking closely with bank personnel to provide policies to the bank’s clientele.Managing our promotions and campaigns effectively to ensure market penetration.Product MarketingWorking 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 AcquisitionSending 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.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.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.Any other assigned duty. 

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