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Group Annuity Champion at a Top Insurance Firm

Posted on Thu 02nd Nov, 2017 - hotnigerianjobs.com --- (0 comments)


One of the top Insurance firms in Nigeria, is looking to recruit suitably qualified candidates to fill the position below:

Job Title: Group Annuity Champion

Location:
Lagos
Reports to: ED, Technical/Operations

Job Objectives
  • To aggressively drive the group wide sales of Annuity products using all the business channels.
  • The role holder is also responsible for top line and Bottom Line target/budget
Primary Interfaces
Internal:
  • Finance Units; Actuarial Services; Customer Service, Claims, Life Underwriting, Product Development
External:
  • Annuitants, Corporate Organizations, Agents, Groups/Clusters, PFAs, Co-operatives, HNIs, Retirees etc.
Responsibilities
  • Driving group wide marketing, trainings and sales of annuity products to targeted customers.
  • Actively initiate or participate in Product development, repackaging and customization based on customers feedback.
  • Chiefly responsible for the growth of annuity by 200% in the next 24months.
  • Providevarious market intelligence on annuity product s’ competitiveness, market share, optimize annuity products within the parameters/risk appetite set by the Board of Directors.
  • Developing product propositions; seeking buy-in of stakeholders across the business using business case and scenario analysis.
  • Leading the Group relationship management activities.
  • Identifying and establishing business relationships with groups/clusters with high numbers of potential retirees.
  • Re- evaluation and optimisation of existing products in the current market.
  • Drive preparation and the continuous revisions of proposals, presentations and trainings.
  • Drive monthly Annuity MPRs for Heads of all Business Channels.
  • Preparing and presenting Annuity report meetings and Monthly Performance Review meetings.
  • Responsible for the preparation and monitoring of the Group Annuity budget.
  • Reviewing monthly/quarterly/bi-annually Annuitants’ pay-outs, change of addresses, Banks and verifications to determine their status
  • Providing leadership and strategic direction for business heads.
  • Developing product propositions; seeking buy-in of stakeholders across the business using business case and scenario analysis.
  • Monthly reporting/presentation of transactions including, but not limited to, commission reconciliation, financial projections, Profit & Loss monitoring, marketing activities, etc
  • Carrying out any other assignment that might be delegated by the line manager.
Requirements
Education:
  • First Degree
  • A master’s degree would be an added advantage.
  • Relevant Insurance professional qualifications.
Experience:
  • 8-10 years’ experience in a similar capacity
  • Excellent knowledge of sales and training of Annuity products
  • Ability to drive organizational change in a large sales group.
  • Experience driving sales in a renowned PFA will be a huge advantage.
Application Closing Date
10th November, 2017.

How to Apply

Interested and qualified candidates should send their applications to: [email protected] stating the role applied for as the subject of the email.

  

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