Business Development, Retail & Institutional Sales (Lagos)

 

ROLE DESCRIPTION

Job Title: Business Development, Retail & Institutional Sales

Job Grade: Analyst

Business Location: Lagos, Nigeria

Full/Part Time: Full Time

Reporting Line: Managing Director

Language requirements: English

Required No. Candidates for the Role: 1

 

Job Purpose

Cordros Insurance Brokers Limited needs a strategist with the immense ability to steer the company toward a path of profitability while implementing its vision, mission, and long-term goals.

Responsibilities

• Overseeing all marketing activities of the company.
• Providing strategic advice and guidance to management and members of the board, to keep them aware of developments within the company and industry.
• Ensuring that the appropriate policies are developed and implemented to meet the company’s mission and objectives while complying with all relevant statutory regulations.
• Developing and implementing the company’s business strategies to attain the goals of the management and board of directors.
• Establishing and maintaining effective formal and informal links with major customers, relevant government departments and agencies, local authorities, key decision-makers, and other stakeholders generally, to exchange information and views and to ensure that the company is providing the appropriate range and quality of services.
• Overseeing the company’s investments and other business ventures.
• Maintaining business profitability and ensuring compliance with all regulatory directives and NAICOM guidelines.
• Delegating responsibilities and supervising the work of other executives while providing guidance and motivation to drive maximum performance.
• Developing and maintaining research and development programs to ensure that the company remains at the forefront of the industry, applies the most cost-effective methods and approaches, provides leading-edge products, and services, and retains its competitive edge.
• Preparing and monitoring the implementation of the annual budget to ensure that budget targets are met, that revenue flows are maximized, and that fixed costs are minimized.
• Representing the company in negotiations with customers, suppliers, government departments and other key contacts, to secure for it the most effective contractual terms.
• To drive the sales activities of the business to achieve its financial budget

 Job Requirements

Education:

• A bachelor’s degree in insurance, Actuarial Science, marketing, or any relevant course.
• Membership with the Chartered Insurance Institute of Nigeria (CIIN) & NCRIB will be considered strongly.
• An MBA or any other relevant professional certification in insurance is an added advantage

Experience

• Minimum of three (3) years’ work experience in the insurance industry or insurance broking firms.

Key Knowledge and Skills  

Knowledge

• Must have an appreciable knowledge of corporate governance and best management practices.

Skills

The incumbent must demonstrate the following skills:

• Ability to develop strategic and business plans.
• Must possess outstanding analytical and problem-solving abilities and possess high-level strategic thinking and networking capabilities.
• Proficiency in the use of modern-day technology-based service delivery tools.
• Strong Drive and passion for selling insurance.

Working Relationships        

Internal

All other departments of the Cordros Group

External

Clients & Insurance Companies.

 

Work Cycle: Hours/Days the incumbent is required to work

Monday – Friday (8am – 5pm)

A flexible working schedule is also available i.e remote work

Physical Requirements

                          None   Moderate    Extensive

Lifting Required   X

Computer use                      X