Job Description
Description
- We are seeking a dynamic and knowledgeable Employee Benefits Specialist to join our Employee Benefits Team.
- The ideal candidate will be responsible for the comprehensive management of employee-related benefits, with a strong focus on annuities.
- This role requires a strategic thinker with exceptional client servicing skills to support the Team Lead in driving growth and ensuring compliance with regulatory standards.
Sales and Marketing:
- Develop and execute strategies to market and sell employee benefits policies.
- Identify new business opportunities to expand the Life & Pensions portfolio.
- Create marketing plans to enhance brand visibility and customer acquisition.
Client Engagement:
- Provide expert advice on insurance programs to clients and prospects.
- Maintain strong relationships with clients to ensure satisfaction and retention.
- Advocate for clients in claim processes, ensuring swift and favorable resolutions.
Policy and Risk Management:
- Accurately process and manage slips, quotes, and endorsements.
- Collaborate with underwriters for the placement of new business.
- Ensure all risk-placing activities adhere to company and regulatory guidelines.
- Monitor and manage premium remittance to underwriters.
Support and Coordination:
- Assist the Team Lead in operational and strategic tasks.
- Coordinate with internal teams to deliver seamless services.
- Handle administrative tasks such as generating job orders and preparing reports.
Qualifications
- Bachelor’s Degree in Insurance, Actuarial Science, or a related field.
- MBA or Master’s degree is advantageous.
- Membership with the Chartered Insurance Institute of Nigeria or London is essential.
Experience:
- Minimum of 7 years post-graduate experience.
- At least 5 years in a similar role within the insurance sector.
- Strong background in Health, Group Life & Group Personal Accident Insurances, Annuities, and Pensions.
Functional Competencies:
- Excellent networking and interpersonal skills.
- Proficient in Microsoft Suite, particularly Excel and PowerPoint.
- Strong understanding of policy wordings and insurance principles.
- Exceptional negotiation skills and the ability to provide technical advice.
Behavioral Competencies:
- Highly motivated and self-driven.
- Professional with a disciplined approach.
- Engaging and personable.