Bancassurance Coordinator at Sanlam Life Insurance Limited - 4 Openings

Sanlam Life Insurance Nigeria Limited is a limited liability company licensed to transact life insurance business in Nigeria. Its subsidiary, Sanlam General Insurance Nigeria Limited is licensed to transact general insurance business in Nigeria. We provide cover for both individuals and corporate organisations, enriching lives by offering a wide range of insurance plans that cover various needs of life.

We are recruiting to fill the position below:

Job Title: Bancassurance Coordinator

Job Code: SLN/BC00001
Locations: Lagos, South-West, South-South, South-East and Northern Nigeria
Department: Retail Distribution

Role Description

• Coordinate the delivery of the assigned bancassurance sales budget for the unit

Job Duties and Responsibilities

• Manages sales & expense budget of the unit (Bancassurance) being supervised against set targets.
• Drive Manpower growth and retention for assigned unit and provide support in other areas e.g. training etc. to guarantee retention of the Bancassurance Associates.
• Responsible for the distribution strategy of leads within the unit under supervision.
• Identify & create coordinated lead closure opportunities and provide the requisite support for the achievement of the agreed production targets for the unit.
• Ensures delivery of customer value.
• Achieve a minimum persistency rate of 70% within the unit.
• Monitor and track the performance of the Bancassurance Associates and provide guidance and direction to improve below average performance.
• Provide assistance to the Area Bancassurance Manager in the recruitment, training and retaining of Bancassurance Associates as required.
• Establish relationships with RMs of Bank Branches
• Identify/establish offices and post Bancassurance Associates to offices in Bank Branches
• Ensure the provision of adequate work tools for Bancassurance Associates
• Ensure and resolve all production and administrative-related issues for the Bancassurance Associates

Job Requirements and Competencies Specification
Academic Qualification & Work Experience:

• First Degree qualification or its equivalent in Marketing/Sales and other related discipline
• Minimum of three (3) years relevant experience in financial services or preferably the insurance industry
• Relevant Professional qualification will be an added advantage
• Must have a good understanding of the location.

Required Competencies (KSA):

• Good marketing/sales expertise with strong drive for results.
• Good communication (Oral and written) skills
• Good Customer Relationship and Stakeholder Management skills.
• Good Leadership and Team Management skills
• Good knowledge of the marketing terrain of the location being applied for
• Good computer appreciation skills
• Good attention to details and record keeping skills

Application Closing Date
7th June, 2024.