Branch Manager (Insurance) at Estrada International Staffing Solutions

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
52139
Job Views
116

Job Description

  • Application Deadline: Mon, 31 Jul 2023 00:00:00 GMT
  • Position: Branch Manager (Insurance)

  • Job Type Full Time

  • Qualification BA/BSc/HND

  • Experience 10 years

  • Location Lagos

  • Job Field Insurance 



Job Objective



  • We are looking for a resourceful Branch Manager to assign and direct all the work performed in the branch and to drive sales and generate revenue growth.

  • You will manage staff, foster a positive environment and ensure customer satisfaction and proper sales operation.

  • The successful candidate will have a hands-on approach and will be committed to the expansion and success of the business by implementing strategies that increase productivity and enable sales targets achievement.


Job Responsibilities

Leadership and Team Management:



  • Provide effective leadership and direction to the branch team, ensuring their professional development and motivation.

  • Set clear performance targets and objectives for the team, monitoring their progress and providing regular feedback.

  • Foster a positive and collaborative work environment, promoting teamwork and encouraging a customer-centric approach.

  • Conduct regular team meetings and training sessions to enhance knowledge and skills.


Sales and Business Development:



  • Develop and implement strategies to achieve branch sales targets and maximize business growth.

  • Identify potential market opportunities and customer segments, and devise plans to capture new business.

  • Establish and maintain strong relationships with clients, brokers, and other stakeholders to enhance customer satisfaction and retention.

  • Monitor market trends, competitor activities, and industry developments to stay updated and adapt strategies accordingly.


Operational Management:



  • Oversee day-to-day branch operations, ensuring compliance with company policies, procedures, and regulatory requirements.

  • Manage and allocate resources effectively, including staffing, budgeting, and administrative tasks.

  • Monitor and analyze key performance metrics, such as sales figures, customer satisfaction, and claims processing, to drive operational efficiency and quality improvement.

  • Collaborate with internal departments, such as underwriting, claims, and customer service, to ensure smooth workflow and timely resolution of issues.


Risk Management and Compliance:



  • Ensure adherence to legal and regulatory frameworks, including insurance laws, guidelines, and data privacy regulations.

  • Implement and enforce risk management practices to mitigate potential risks and protect the branch's assets and reputation.

  • Conduct regular audits and reviews to assess compliance levels and identify areas for improvement.

  • Foster a culture of ethical conduct and integrity within the branch, promoting compliance awareness among employees.


Customer Service and Retention:



  • Champion exceptional customer service standards and ensure customer satisfaction levels are met or exceeded.

  • Handle escalated customer inquiries and complaints, resolving issues promptly and effectively.

  • Develop and implement strategies to enhance customer retention and loyalty, such as customer engagement programs and personalized services.

  • Stay updated on customer feedback and market needs, recommending improvements to products, services, and processes.


Education / Qualification



  • BSc Degree or equivalent qualification

  • Must possess a professional qualification(s) in insurance (ACII or ACIIN)


Experience:



  • Minimum of 10 years’ experience with 5 years In-depth knowledge of life insurance products, policies, and procedures, including underwriting, claims management, risk assessment, and regulatory compliance.

  • In-depth Knowledge of sales strategies, business development techniques, and market analysis to drive revenue growth and capture new business opportunities.


Salary

Oopen to negociation.


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