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Group Annuity Champion at a Top Insurance Firm

One of the top Insurance firms in Nigeria, is recruiting suitably qualified candidates to fill the vacant 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 

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.
  • Provide various market intelligence on annuity product s’ competitiveness, market share, product risk & or company’s risk appetite working closely with Actuarial and Strategy units.
  • 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 weekly and monthly annuity sales report and pay-out.
  • 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.

Primary Interfaces      

  • Internal: Finance Units; Actuarial Services; Customer Service, Claims, Life Underwriting, Product Development.      
  • External: Corporate Organizations, Agents, Groups/Clusters, PFAs, Co-operatives, HNIs, Retirees etc.  

Person Specification
Education:

  • First Degree
  • A master’s degree would be an added advantage.
  • Relevant Insurance professional qualifications.

Experience:

  • Minimum of 10 years’ experience in a senior sales 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 an added advantage.

Application Closing Date
Not Specified.


Method of Application

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

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