FBN Insurance Brokers Limited Jobs
Jobs in Nigeria at FBN Insurance Brokers Limited. FBN Insurance Brokers Limited is a wholly owned subsidiary of FBN Holdings Plc.
FBN Insurance Brokers combines expert broking knowledge and capabilities for risk assessment, analysis, structuring and overall servicing that has resulted in increased insurance portfolios since its commencement of insurance brokerage business in July 1, 2000.
They also work on a range of value added Risk Management services. They have the reputation, expertise and unrivalled experience in Energy Insurance, Oil and Gas, sophisticated/Complex Risk Management and Re-insurance services and these operational and corporate alliances with the international Brokers are geared towards building infrastructure for the industry in terms of capabilities, skills, knowledge update, improved professionalism and Best Business Practice possible.
This Insurance company has a total branch network of three, located in Abuja, Port Harcourt and Ibadan and also leveraging on over 700 branches of FirstBank Nigeria Limited.
They are recruiting to fill the position below:
Job Title: Head Technical & Broking Services (HTBS)
Location: Lagos
Employment Type: Full-time
To Apply:
Interested and qualified candidates should forward their CV to: Yemisi.Oke@fbninsurancebrokers.com using the Job Title as the subject of the email.
Application Deadline: 5th November, 2021.
Objective(s):
- Provide strategic leadership for the FBNIB in assessing client risk, supporting Business Development team in placing insurance policies with reputable insurance companies. Also, HTS will provide risk management solution to our clients’ needs by monitoring market trends/development
Reporting Relationship:
- Reports to: MD/CEO
- Supervises:
- Technical Coordinator
- Technical Analyst x 2
- Technical Support.
Key Performance Indicators:
- Number of sanctions received on contravention of NAICOM regulations
- No of delays in bid submission
- No of complaints from reinsurance activities.
- No of complaints from BUPA customers.
- Timely completion of the renewal process of First Bank and other Subcos assets.
- No of defaults in updating of Underwriters’ security list
- No. of bids/proposals submitted on a monthly/quarterly/annual.
Job Responsibilities:
- Develop, implement and manage strategies for the technical department
- Research, assess and implement local and international best practices in Technical Broking operations
- Monitor industry, market statistics and competitor trends in order to ensure strategic plans on market share are achieved.
- Preparation of proposals for new business
- Review of terms of existing accounts
- Review and verification of all policy documents issued by insurers for correctness and adequacy of cover.
- Negotiating and obtaining competitive premium rates for clients and placement of business with insurance companies
- Supervises activities of Credit Risk at First Bank/FINCON
- Supervises and supports claims administration and reinsurance activities
- Identifies and optimize direct marketing opportunities
- Oversees and supports BUPA account management
- Enforce health, safety and other facility regulations
- Performs any other assigned duties as determined by the MD/CEO
Specification / Qualifications:
- A First Degree in any of the Social / Management Sciences preferably Insurance. An advanced degree in MBA will be an advantage
- Minimum of 8 years cumulative experience in Insurance Technical Operations, with 2 years in a senior role
- Certified membership of CIIN is a MUST!
- Experience in the Brokerage Industry is a MUST!
Competence Requirements:
Core Skills:
- Deep knowledge of Insurance
- Claims management
- BUPA management
- Numerically savvy
- Delegation, mentoring and coaching
- Understanding of relevant Insurance regulatory practices
- P/C personal productivity tools such as Microsoft Word, Excel, PowerPoint, Outlook etc.
Generic Skills:
An Ideal FBNIB person MUST be/have:
- Innovative (Disruptive and Creative in solving Problems)
- Integrity (Inspire trust and confidence in customers and co-workers)
- Respect (For self and others)
- Customer-Centric (Empathetic and Focused on Customer)
- Team-building skills
- Problem-solving skills
- Counseling skills
- Negotiations skills
- Effective verbal and listening.
