Bancassurance Officer in Oyo, Nigeria

at Fosad Consulting Ltd

Minimum Qualification
Required Experience
1 - 3 years
Employment Type
Full Time
Male or Female

Job Description

• Attending insurance related meetings with Bank staff.

• Working closely with our branches and agents to provide policies to the bank’s clientele.

• Managing our promotions and campaigns.

• Attending monthly reconciliation meetings with Bank team.


Product Marketing

• Preparation of proposals/Product papers.

• Achieving the assigned target in terms of revenue.


Customer Retention and Acquisition

• Sending out and 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 and Collection

• Monthly reconciliation to ensure our figures is accurate.


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

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

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

• Prepare Admin Fee and follow up to ensure timely remittance to The Bank.

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

• Review and act on all documents going to and from the Bank IBTC.

• Process all Co – insurance transactions 

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

 Underwriting (Life and General Business)

 Claims (Life and General Business)

 Finance (Life and General Business)

• Follow up on outstanding proposals.

• Maintaining strong relationship with the Bancassurance officers

• Providing support to the Team lead within the team on all pre and post sales and administrative activities.

• Any other assigned duty.

• Manage the staff promo process and supervise the auto run process.



  •  HND/BSc in Banking & Finance, Economics or any social science related field
  •  2 years work experience
  • Candidates must have experience in customer service


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