Aiico Insurance Plc

Business Development Officer

Aiico Insurance Plc

Management & Business Development

3 weeks ago
Easy apply New Immediate Start
Lagos Full Time Banking, Finance & Insurance NGN 70,000 - 150,000 Negotiable Plus Commission

Job summary

We seek a highly skilled, effective, and proficient Business Development Officer with an effervescent personality, someone who is naturally happy, involved, and articulate, to join our team. As our Business Development Officer. You will be responsible for overseeing the implementation of our business objectives among the company’s sales, etc.

Min Qualification: Diploma Experience Level: Entry level Experience Length: 1 year Working Hours: Full Time

Job descriptions & requirements

Responsibilities:

  • To develop a long-term source of clients by using referrals, occupational, and special-interest groups to compile lists of prospects.
  • Approach potential clients by utilizing mailings and phone solicitation, making presentations to groups at company-sponsored gatherings, and speaking publicly to community groups on financial well-being.
  • Determine clients' particular needs and financial situations by scheduling fact-finding appointments; determining the extent of present coverage and investments; and ascertaining long-term goals.
  • Develop a coordinated protection plan by calculating and quoting rates for immediate coverage action and long-term implementation.
  • Obtain underwriting approval by completing an application for coverage.
  • Complete coverage by delivering policy, planning future follow-up visits, and evaluations of needs.
  • Provide continuing service by providing annual reviews and processing changes in beneficiary and policy loan applications.
  • Provide death benefits by delivering policy proceeds to beneficiaries.
  • Update job knowledge by participating in educational opportunities, agency meetings, and review sessions; maintaining personal networks; and participating in seminars, workshops, and trainings.
  • Enhance agency reputation by accepting ownership for accomplishing new and different requests, and exploring opportunities to add value to job accomplishments.


Requirements:

  • Excellent writing and verbal communication skills
  • Ability to analyze problems and strategize for better solutions
  • Proficient computer skills, including Microsoft Office Suite (Word, PowerPoint, and Excel)
  • Goal-oriented, organized team player
  • Ability to analyze problems and pay attention to details.
  • Great analytical skills and problem-solving.
  • Leadership skills.
  • Strong Communication and Negotiation Skills
  • Effective communication and persuasion are crucial for building relationships and closing deals.
  • Business Acumen: A solid understanding of business principles, marketing strategies, and financial techniques is essential.
  • Strategic Thinking: BDMs need to be able to develop and execute effective business plans.
  • Project Management Skills: They often manage multiple projects simultaneously and need to be organized and detail-oriented.
Communication: Clearly conveying ideas and listening actively crucial for all interactions. Teamwork: Collaborating effectively with others to achieve shared goals. Problem-Solving: Analyzing issues and developing creative effective solutions. Adaptability/Flexibility: Adjusting to new situations technologies and challenges. Emotional Intelligence (EQ): Understanding and managing your own emotions and empathizing with others. Time Management: Prioritizing tasks meeting deadlines and organizing work efficiently. Leadership: Influencing motivating and guiding individuals or teams (even without a formal title).

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