Insurance Officer at Stresert Services Limited

Our client is a licensed and well established insurance brokerage and consulting company with headquarters in the South-South region, and business offices in key business centres in Nigeria, with diversified portfolio of high net-worth clients cutting across various sectors, such as Oil & Gas, Banking, Manufacturing, Logistics, Hospitality, Public Sector, and the like.

Responsibilities (marketing):

• Develop base for long-term sources of clients by using referrals, occupational, and special-interest groups to compile lists of prospects.
• Determine clients' particular needs and financial situations by scheduling fact-finding appointments; determining extent of present coverage and investments; ascertaining long-term goals.
• Develop a coordinated protection plan by calculating and quoting rates for immediate coverage action and long-term strategy implementation.
• Complete coverage by delivering policy; planning future follow-up visits and evaluations of needs.
• Planning persuasive approaches and pitches that will convince potential clients to do

Technical responsibilities (underwriting)

• Preparation of renewal notices, quotations for prospective business and policy documents.
• Maintaining of current and accurate documentation of businesses underwritten
• Perform risk analysis on all prospective clients.
• Negotiate and create underwriting agreements.
• Approve/deny applications based on risk assessment.
• Decrease value of policy when risk is substandard.
• Evaluate possibilities of losses.

Job Expectations

• To improve the organization’s market position and achieve financial growth by getting new clients and retaining them.
• To define long-term organizational strategic goals, builds key customer relationships, identify business opportunities, negotiate and close business deals and maintain extensive knowledge of current market conditions.
• To manage existing clients and ensure they stay satisfied and positive.

Requirements:

• Minimum of first degree in Insurance or other relevant fields
• Good knowledge of the insurance sector
• Strong client relationship management and development aptitude.
• Solid interpersonal/presentation skills.
• Proficient in English communication, Prospecting, Analysis skills
• Market research experience
• Proven ability to work independently