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  • Posted: Sep 20, 2023
    Deadline: Not specified
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    Coronation Insurance Plc has been in operations for over half a century, offering a comprehensive range of insurance coverage. Established in 1958, Wapic has built a strong franchise in the largest economies in Sub-Saharan Africa and operates two subsidiaries; Coronation Life Assurance Limited and Coronation Insurance (Ghana) Limited. The Company has a history of delivering efficient and transparent insurance solutions to discerning clients; a culture reflective of the strength and leadership which underpins the company’s foundation.
    Read more about this company

     

    Team Lead, Bancassurance

    Principal Duties & Responsibilities

    • Cross-sell insurance products to bank customers.
    • Develop an open and trusting relationship with Bank’s Branch Managers/officers/staff
    • Establish and monitor processes that facilitate enhanced sales effectiveness, ongoing positive contribution and smooth relationship management between the partners and the organization.
    • Develop channel sales plan with effective budget forecasting across recruitment, licensing, activisation and productivity targets for the sales force
    • Support the facilitation of smooth onboarding of customers and ensure prompt delivery to customers within the Service Level Agreement.
    • Manage and monitor the life and general insurance sales in the assigned territory.
    • Lead sales presentations and negotiations with customers
    • Support the team of associates to drive insurance business in the assigned territory.
    • Support bank branches by ensuring sales of insurance products.
    • Prepare reports to present findings and document information in a systematic manner
    • Work jointly with product & marketing, Underwriting Departments for pre-sales activities & support for sales acquisition
    • Act as a support function for the assigned branches for queries related to Insurance business.
    • Assist in mapping robust and effective Bancassurance training execution.
    • Spearhead all lead generation initiative from the bank – whether through walk in, data-mining, referrals and others.

    Education and Work Experience

    • Bachelor’s degree in Business Management, Marketing, Insurance or equivalent 
    • Minimum of five (5) years’ experience in insurance sales-related roles

    Required Skills and Competencies

    • Knowledge of Bancassurance partnership distribution channel
    • Knowledge of the Nigerian financial services market and Insurance sector will be of great advantage.
    • Ability to multitask
    • Industry Knowledge – well versed with product knowledge and industry trends.
    • Result Orientation- performance oriented.
    • Strong communication and interpersonal skills 
    • Strong business presentation skills
    • Strong networking and relationship management skills.
    • Ability to work well in a team
    • Excellent negotiation skills
    • Proficient with Microsoft office suite

    Method of Application

    Interested candidates should send resume and credentials to careers@coronationinsurance.com.ng Using Job Title as Subject

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