Product Manager, Bancassurance at First Bank of Nigeria Limited

First Bank of Nigeria Limited (FirstBank) is Nigeria's largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

We are recruiting to fill the position below:

Job Title: Product Manager, Bancassurance

Job Identification: 1213
Location: Lagos
Job Type: Full-time

Duties & Responsibilities

• Lead design, development, and implementation of bancassurance offerings aligned with business goals, ensuring compliance and managing relationships with partners.
• Conduct product-level analysis and monitoring to identify optimization opportunities, providing support and training to drive adoption and growth.
• Drive innovation and continuous improvement in bancassurance products and processes, serving as a subject matter expert and representing the team in meetings and presentations.
• Build cordial working relations with bank staff, key stakeholders and partners at all levels.
• Provide professional insurance advice to customers of bank to promote awareness and drive sales for Insurance partners.
• Set and monitor clear objectives to achieve the agreed partnership targets for the Bank.
• Implement coordinated processes to generate and track leads, and closed sales.
• Facilitate trainings on an ongoing basis to ensure staff knowledge is optimal.
• Carry out other responsibilities as assigned by the Unit head, Youth & Women Banking. 

Requirements
Education:

• Minimum Education:  Bachelor’s Degree in Business Administration, Finance, Marketing, or related fields.
• Minimum of 2 years’ experience in product management or bancassurance within the financial services industry.
• Fair understanding of bancassurance products, client interactions, and workflows, with experience managing insurance integrations.
• Proven track record of successfully developing and launching bancassurance products, demonstrating analytical and communication skills, and a results-oriented mindset.

Key Competency Requirements
Knowledge:

• Extensive knowledge of competitor products and their application
• Banking structure, policies and procedures.
• Core Business Processes
• Data Gathering and Analysis
• Regulatory Compliance
• Project Management -Agile Methodology 
• Banking Operations
• Extensive knowledge of FirstBank’s services/products
• Relationship management

Skill/Competencies:

• Ability to evaluate needs of customers, and determine what products or service would best serve those needs
• Interpersonal skills
• IT and Computer appreciation
• Communications skills (written and oral)
• Selling and marketing skills
• Must be self-solution driven, proactive and have acceptable knowledge of the business environment
• Attention to details 
• Reasoning and Analytical Skill.
• Performance Measurement & Assessment Skill.

Application Closing Date
25th November, 2024.