Vacancies in a Proprietory Insurance Brokerage Firm

Details
This position reports to the Managing Director. He/She acts as intermediary between clients and insurance companies; using insurance brokers' in-depth knowledge of risks and the insurance market to find and arranqe suitable insurance policies.

Core Responsibilities:
i) Selecting companies that offer the type of coverage requested by the client to underwrite policy
ii) Selling various types of insurance policies to businesses and individuals on behalf of insurance companies, including automobile, fire, life, property, medical and dental insurance, or specialised policies such as marine, farm/crop and medical malpractice
iii) Explaining features, advantages and disadvantages of various policies to promote the sale of insurance plans
iv) Customising insurance programmes to suit individual customers, often covering a variety of risks
v) Contacting policy holders to deliver and explain policy, to analyse insurance programmes
and suggest additions or changes, or to change beneficiaries
vi) Attending meetings, seminars and programs to leam about new products and services, learning new skills and receiving technical assistance in developing new accounts
vii) Developing marketing strategies to compete with other"individuals or companies who sell insurance
viii) Ensuring that policy requirements are fulfilled, including any necessary medical examinations and the completion of appropriate forms
ix) Monitoring claims to ensure they are settled equitably for both the client and the insurer
x) Performing administrative tasks, such as collecting premiums, maintaining records and handling policy renewals
xi) Any other responsibilities as may be assigned by management.

Who should apply?

• A good first degree in social sciences from a reputable tertiary institution
• Professional membership in insurance or its equivalent will be an added advantage
• 1 or 2 years' post qualification experience in marketing insurance products
• Good knowledge of insurance products
• Good communication and interpersonal skills
• Proficient in Microsoft applications (word, excel etc)
• Candidate must be an intellectually curious self-starter with ability to work without constant supervision
• Applicants should not be more than 30 years of age.