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.