4 Openings for Financial Advisors at Old Mutual Nigeria Life Assurance Company

 Employment Nigeria 31-Mar-2020 ₦Not Available KADUNA , ABUJA , NIGER , PLATEAU , Banking and Finance  

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.

We are recruiting to fill the position below:

Job Title: Financial Advisor

Locations: Abuja, Kaduna, Niger, Plateau
Slot: 4

Key Focus

  • This role is individually accountable for providing advice on a specific range of products to a specific allocated market.

Job Descriptions

  • 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.

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.

Minimum Requirements

  • OND, HND, First Degree or its equivalent
  • Marketing skills in insurance, relevant insurance related qualification, relevant technical insurance skill, knowledge of relevant market conduct regulations and requirements will be an added advantage.


  • Fixed Allowance and Commission (very attractive)

Other Benefits:

  • Monthly Phone Call Allowance
  • HMO
  • Monthly Cash Incentives
  • Yearly 7-day All- expense Paid Trip for On-Shore Conventions in designated African Cities

Application Closing Date
31st March, 2020.

How to Apply
Interested and qualified candidates should send their CV to: magdarecruit2016@gmail.com using the "Job Title and Location" as the subject of the mail.

Sorry the application deadline for this job has elapsed

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