Bancassurance Associates in Lagos, Nigeria

at Fosad Consulting Ltd

Consulting/Business Strategy & Planning
Minimum Qualification
Bachelor's Degree
Required Experience
1 - 3 years
Employment Type
Full Time
Male or Female

Job Description

  • Location: Anambra, Cross Rivers, Delta, Edo, Enugu,  Lagos. 


The primary focus of this position is to generate income for the Company by Liaising with the banks; coordinating the existing relationship with Bank’s personnel and Relationship managers whilst providing profitable excellent customer service / relationship management.

Reports to: District Manager

The Objectives are;

• To help increase/drive/improve revenue i.e GPW

• To help increase/drive/grow profit

• To help in channel penetration

• To help in brand visibility


Act as liaison with the bank

• Working closely with bank personnel to provide policies to the bank’s clientele.

• Managing our promotions and campaigns effectively to ensure market penetration.

Product Marketing

• Working closely with District Managers in the preparation of proposals/ Product papers.

Bancassurance Sales (Financials)

• Achieving the assigned target in terms of revenue.

Customer Retention and Acquisition.

• Sending out and active follow up of Monthly Renewals.

• Soliciting for new businesses.

• Managing 3rd party relationships.


• Generation, monitoring and publish monthly (Life and General Business) Global and Retail reports on:

- Production

 - Collection

• Monthly reconciliation to ensure our figures are accurate.

Bancassurance Administrative functions.

• Day to day management of channel’s activities for both Life and General Business activities.

• Market and product research analysis. (Customer product feedback & Competitors intelligence) to know what products we can improve on.

• Prompt response to all mails/requests (Quote, Underwriting, Documents and confirmation of authenticity) within agreed timelines in the SLA.

• Follow up on outstanding premiums and yet to be renewed policies.

• Process all Co – insurance transactions (Payment processing, Claims and Underwriting).

• Liaising with the below department on The Bank’s related issues.




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