Regional Sales Manager - Lagos at iRecruiters Africa Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
107986
Job Views
63

Job Description






Key Responsibilities:




  • Generate revenue for the business across all product lines.

  • Foster new business partnerships and corporate clients.

  • Pursue and close deals on new prospects/leads.

  • Identify and create partnerships with different Insurance companies.

  • Research, plan, and implement new target market initiatives

  • Participate in pitch presentations and proposals tailored to each prospective partner.

  • Negotiate and finalize contracts with clients

  • Collaborate with internal teams to achieve effective sales results

  • Conduct market research to identify selling possibilities, stay updated on industry trends and competitor activity.

  • Meet and exceed assigned monthly, quarterly, and annual Sales quotas.



Key Requirements:




  • Bachelor's degree in Business Administration, Marketing, Management, or in any related field.

  • 5+ years of sales experience with a proven track record of achieving sales quotas.

  • HMO Selling experience is highly desirable

  • Strong interpersonal, communication, and negotiation skills.

  • Excellent problem-solving and critical-thinking abilities.

  • Self-motivated and driven by targets

  • Proficiency in using sales software and tools.

  • Exceptional customer service skills

  • Knowledge of industry trends and competition



Core Competencies for Success in this role:




  • Strategic Thinking and Market Knowledge

  • Insurance Market Expertise: Deep understanding of Nigeria’s insurance sector, including regulations, customer preferences, and market challenges.

  • Technology Adoption: Knowledge of digital insurance platforms and how they transform traditional insurance models.

  • Regional Insights: Awareness of regional differences in insurance uptake and technology penetration.

  • Competition Analysis: Monitoring competitors' activities and adjusting strategies accordingly.



Sales and Business Development




  • Digital Product Selling: Ability to sell technology-driven insurance products and services effectively.

  • Upselling and Cross-selling: Identifying opportunities to enhance customer value through complementary products or services.

  • Revenue Optimization: Driving consistent growth in Gross Written Premium (GWP) through innovative sales strategies.

  • Partnership Development: Building alliances with brokers, agents, and fintech partners to expand reach.



Team Leadership and Management




  • Distributed Team Leadership: Managing and motivating remote or regionally dispersed sales teams.

  • Training on Tech Tools: Ensuring sales teams are proficient with digital tools for lead generation and customer management.

  • Performance Tracking: Using KPIs like conversion rates, customer acquisition costs, and customer lifetime value to monitor and enhance performance.

  • Cultural Sensitivity: Adapting leadership styles to suit diverse teams within Nigeria’s cultural and regional landscape.



Customer Relationship Management




  • Client Trust-Building: Addressing common skepticism about insurance with transparency and education.

  • Tech-Savvy Engagement: Using digital platforms to enhance customer interactions, onboarding, and policy renewals.

  • Retention Strategies: Implementing measures to maintain policyholder loyalty, such as timely claim resolutions and proactive communication.



Problem-Solving and Resilience




  • Handling Objections: Overcoming customer resistance to insurance and technology through tailored solutions and education.

  • Adaptability: Quickly adjusting strategies in response to regulatory changes, economic conditions, or market trends.

  • Resilience: Maintaining a results-driven approach despite challenges like low insurance penetration or cultural barriers.



Cultural and Social Awareness




  • Localized Strategies: Adapting campaigns to align with regional preferences and communication styles.

  • Community Engagement: Collaborating with local influencers or institutions to promote insurance adoption.

  • Inclusivity: Designing sales approaches that cater to underserved segments, such as women or SMEs.



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