2022 Job Vacancies at First Bank of Nigeria (FBN) Insurance Limited

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FBNInsurance is a limited liability company licensed to transact lnsurance businesses in Nigeria. The Company is jointly owned by FBN Holdings Plc (65%) and the Sanlam Group, one of the largest financial institutions in South Africa (35%) and it officially commenced operations on the 1st September 2010.

Drawing from the knowledge and experience of our owners, we intend to play a significant role in the development of the insurance industry in Nigeria. To achieve this, we are anchoring our operations on product innovation, efficient service delivery and prompt claim settlement.

Applications are invited from interested and qualified candidates to apply for the Job Vacancies at First Bank of Nigeria (FBN) Insurance Limited

Business Development Executive(Abuja and Rivers)

Job Specifications:

  • Full Time
  • Required Qualifications: BA/BSC/HND
  • Location: Abuja, Rivers | Nigeria.
  • Join this Group to receive Job Alerts on WhatsApp, Click HERE
Job Description:
  • The Business Development Executive is responsible for researching and pursuing new business leads for the growth of the business.
  • The role involves active coordination across teams and demands exceptional inter-personal skills.

Responsibilities

  • Generating countless prospect lists and identifying potential customers
  • Pitching of Insurance products and services to identified prospect
  • Maintaining fruitful relationships with existing customers and prospects
  • Researching organizations and individuals online to identify new leads and potential new markets.
  • Contact potential clients via email and phone to establish rapport and set up meetings.
  • Attending conferences, meetings, and industry events.
  • Negotiating and renegotiating by phone calls, emails, and in person.
  • Supply of regulatory information/data to the compliance team within timelines.

Key Performance Indicators

  • Achievement of financial budget.
  • Timeliness in the Preparation of Periodic business development activity report to BD Team Lead
  • The number of customer relationships improved on and was established.
  • Ideas generation and Implementation effectiveness
  • % of renewal businesses.
  • No. of operational errors committed.
Qualifications and Requirements:
  • A good First Degree, while an advanced Degree such as MBA will be an added advantage
  • Minimum of 2 years cumulative experience in Sales.
  • Membership of CIIN is within 2 year of hire.

Competence Requirements:
Core Skills:

  • Must be conversant with NAICOM regulations
  • Excellent Work Attitude
  • High level of productivity using Microsoft Office applications

Generic Skills:

  • Innovative (Disruptive and Creative in solving Problems)
  • Integrity (Inspire trust and confidence in customers and co-workers)
  • Respect (For self and others)
  • Customer-Centric (Empathetic and Focused on Customer
  • Ability to evaluate the needs of customers, and determine what products or services would best serve those needs.
  • Interpersonal skills.
  • Excellent negotiation skills.
  • Good Communications skills (written and oral)
  • Strong Selling and marketing skills
  • Self-driven/proactive.
  • Excellent presentation skills.

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Business Development Team Lead(Lagos)

Job Specifications:

  • Full Time
  • Required Qualifications: BA/BSC/HND – MBA/MSC/MA
  • Location: Lagos | Nigeria.
  • Join this Group to receive Job Alerts on WhatsApp, Click HERE
Job Description:
  • To identify sales leads, pitch insurance products/services to prospects as advised by subordinates and ensuring conversion to customers while maintaining a good working relationship with existing customers and prospects.

Job Responsibilities

  • Contacting potential clients to establish rapport and arrange meetings.
  • Planning and overseeing new marketing initiatives.
  • Researching organizations and individuals to find new opportunities.
  • Increasing the value of current customers while attracting new ones.
  • Finding and developing new markets and improving sales.
  • Developing goals for the development team and business growth and ensuring they are met.
  • Attending conferences, meetings, and industry events
  • Training subordinates and helping them develop their skills.
  • Provide weekly/monthly/quarterly performance report to the BDM by highlight key issues, and proffer professional recommendations where necessary.
  • Supply of regulatory information/data to the compliance team within timelines.

Key Performance Indicators

  • Achievement of financial budget.
  • Timeliness in the Preparation of Periodic business development activity report to BDM
  • Number of customer relationships improved on and established.
  • Ideas generation and Implementation effectiveness
  • % of renewal businesses.
  • No. of operational errors committed.
Qualifications and Requirements:
  • A good First Degree, while an Advanced Degree such as MBA will be an added advantage

Minimum Experience:

  • Minimum of 7 years cumulative experience in Sales

Professional Membership:

  • Membership of CIIN is within 1 year of hire.

Competence Requirements:
Core Skills:

  • Delegation, mentoring and coaching
  • Must be conversant with NAICOM regulations
  • High level of productivity using Microsoft office applications.
  • In-depth knowledge of the industry and its current events
  • The ability to handle pressure and meet deadlines

Generic Skills:
An Ideal FBNIB person MUST be/have:

  • Innovative (Disruptive and Creative in solving Problems)
  • Integrity (Inspire trust and confidence in customers and co-workers)
  • Respect (For self and others)
  • Customer Centric (Empathetic and Focused on Customer
  • Ability to evaluate needs of customers, and determine what products or service would best serve those needs.
  • Interpersonal skills.
  • Excellent negotiation skills.
  • Good Communications skills (written and oral)
  • Strong Selling and marketing skills
  • Self-driven/proactive.
  • Excellent presentation skills.

Reporting Relationship:

  • Reports to: Group Head Business Development

Supervises:

  • Business Development Executive
  • Business Development Executive.

Method of Application

Interested and qualified candidate for “Job at First Bank of Nigeria (FBN) Insurance Limited” should forward their CV to: yemisi.oke@fbninsurancebrokers.com using the position as subject of email.

 

Deadline: July 20, 2022

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