Old Mutual Nigeria

Financial Advisor

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Old Mutual Nigeria is recruiting for Contract Financial Advisor

Job Description

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.

Personal Effectiveness:

  • · 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.

Financial Advice:

  • · Provides advice in line with the customer value proposition & compliance framework.
  • · Works in specific allocated markets.
  • · Works with a specific range of products.

Relationship Building:

  • · Establish sound working relationships and maximizes opportunities with prospective clients.
  • · Uses appropriate interpersonal and communication techniques to gain client acceptance.
Job Requirements
Minimum years of experience

Qualifications
FSLC /SSCE /JSCE /NABTEB /ADN /OND /ND /NCE /B.Sc /B.Ed /B.Tech
Other Requirements

Minimum Requirements...

  • 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.

This job is no longer accepting applications.

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About Old Mutual 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, general insurance, savings, investments and lending services to 11.3 million customers in 13 countries across Africa and China.Old Mutual has been operating in Nigeria since March 2013, having acquired the majority stake in Oceanic Life Assurance Company. In January 2014, Old Mutual also acquired a majori...
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Job Summary
Published
October 22, 2019
Offer Type
Contract
Deadline
October 28, 2019
Specialization
Finance / Accounting /Sales / Business Development
Industries
Banking / Financial Services
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