The primary focus of this position is to generate income for the Company by Liaising with banks; coordinating the existing relationship with Bank’s personnel and Relationship managers whilst providing profitable excellent customer service / relationship management.
Reports to: District Manager
Core Responsibilities
- The Bancassurance Associate acts as liaison with the bank, working closely with bank personnel to provide insurance policies to the bank’s clientele
- Managing our promotions and campaigns effectively to ensure market penetration
Product Marketing
- Work closely with District Managers in the preparation of proposals/ Product papers
- Achieve the assigned revenue target
- Customer Retention and Acquisition
- Send out and actively follow-up monthly renewals
- Solicit for new businesses
- Manage 3rd party relationships
Reporting
Generation, monitoring and publish monthly (Life and General Business) Global and Retail reports on
- Own activities and result, market information, proposals etc.
- Monthly reconciliation to ensure figures are accurate
Administrative functions
- Day to day management of channel’s activities for both Life and General Business activities
- Market and product research analysis. (Customer product feedback & Competitors intelligence) to know what products we can improve on
- Prompt response to all mails/requests (Quote, Underwriting, Documents and confirmation of authenticity) within agreed timelines in the SLA
- Follow up on outstanding premiums and yet to be renewed policies
- Process all Co – insurance transactions (Payment processing, Claims and Underwriting)
- Liaising with the below department on The Bank’s related issues
- Underwriting (Life and General Business)
- Claims (Life and General Business)
- Finance (Life and General Business)
- Follow up on outstanding proposals
- Any other assigned duty
Qualifications
- Bachelor’s Degree
- A minimum of 1-year sales experience is preferred
- Strong communication skills
- Selling skills and relationship management skills
- Strong commitment for sales success.
Additional Information
Only qualified candidates will be contacted.