Old Mutual Nigeria is recruiting for contract Financial Advisor.
Old Mutual Nigeria consists of a Life Assurance and General Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients' circumstances.
Job Title: Financial Advisor REF: 1397/NIGE/OO/Financial Adversor/Nigeria/211019 Key Focus This role is individually accountable for providing advice on a specific range of products to a specific allocated market.
Job Specification. · Obtaining detailed information about the customer, their business and provide advice in line with the customer value proposition & compliance framework. · Rendering advice to the customer on appropriate insurance cover and terms. · Maintaining detailed knowledge of available insurance products for consideration of a client. · Providing quotation on the insurance products for consideration of a client. · Providing requisite underwriting information to the insurer in assessing the risk to decide pricing terms and conditions for cover. · Acting promptly on instructions from a customer and providing him written acknowledgements of risk by the insurer. · Complying with the guideline on market conduct and business practice for insurance institutions in Nigeria. · Assisting customers in processing claims in line with the provisions of the "claims management procedure" of the company represented. · Assisting in the negotiation of claims, protecting salvage and subrogation rights of the insurer. · Maintaining proper records of claims and businesses generated. · Develops, tracks & reviews business plan to meet individual performance targets. · Work with a specific range of products. · Receives a base salary & bonuses - no commission.
Key Result Areas
Sales / Productivity:
· Develops, tracks & reviews business plan to meet individual performance targets. · Engages in limited prospecting.
· Accountable for service delivery through own efforts. · Individually accountable for managing own time, tasks and output quality for periods of 1 day to a maximum of 3 months. · Makes increased contributions by broadening individual skills. · Collaborates effectively with others to achieve personal results. · Accepts and lives the company values.
· Provides advice in line with the customer value proposition & compliance framework. · Works in specific allocated markets. · Works with a specific range of products.
· Establish sound working relationships and maximizes opportunities with prospective clients. · Uses appropriate interpersonal and communication techniques to gain client acceptance.
Min Required Experience: Not Specified
Min Qualification: Bachelor's Degree/HND
Desired Courses: Not Specified
A first degree or its equivalent, marketing skills in insurance, relevant insurance related qualification, relevant technical insurance skill, knowledge of relevant market conducts regulations and requirements will be an added advantage.
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About Old Mutual Nigeria
Headquarters: 3rd Floor EDC Building 19 Adeola Odeku Road Victoria Island Lagos Nigeria
Old Mutual in Nigeria, comprising a Life Assurance and General Insurance business, is a subsidiary of Old Mutual Limited, a premium African financial services group that offers life protection, genera...
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