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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