Insurance Broker (Principal Officer) at Ascentech Services Limited

Job Description

• The Principal Officer must be a certified insurance broker licensed in Nigeria.
• The principal officer will be responsible for regulatory, compliance and licensing requirements for the area of operation as well as business development responsibility for existing areas including Broker Direct and Referral partners.
• Bring your value and knowledge to extend us into new opportunities.
• Reporting to the Sales and Marketing General Manager, the incumbent will be responsible for the execution of sales strategies and driving sales through various distribution channels.
• His/her purpose extends to developing the strategy, tactics, sales plans and profit targets; identifying and reporting on business opportunities in target markets and various stakeholder engagements.

Role and Responsibilities

• Responsible for the relationships with Brokers, Referral, and other business partners
• Ability to think strategically and create new opportunities, as well as the operational understanding to ensure delivery of those opportunities to the benefit of the business unit as well as the wider Commercial and Personal Business.
• Set and drive a high-performance culture.
• Build strategic and operational alliances with business units within the business unit and the wider group.
• Keep all stakeholders abreast of legislative changes by regulatory bodies and the opportunities they may bring in the Partner space for the Business Unit.
• Deliver results in a matrix organisation
• Develop, align and implement strategic direction
• Developing and implementing short-term and long-term tactics for sales
• Overall responsibility for developing, managing and implementing competitive sales and marketing strategies
• Developing and executing a strategic plan to achieve sales targets and expand our customer base
• Expand distribution channels to increase revenue generation opportunities
• Recruit and manage sales teams and administration support teams

Requirements

• Relevant Insurance Qualification
• Chartered Insurance broker
• Business Degree or equivalent will be an advantage
• Minimum of 5 years experience at a Middle Management level in a business development and/or Sales related role
• Proven business acumen and experience
• Analytical and numeric skills inclusive of Financial Management, Accounting and Reporting
• Advance knowledge of short-term insurance products

Preferred Skills:

• Drives results
• Deciding and initiating action
• Flexibility and adaptability
• Analytical thinking
• Business acumen
• High levels of integrity
• Customer service orientated