Company Description
Our Client, a top notch player in the insurance Industry is seeking to hire apt, dynamic and enthusiastic individual with experience in marketing insurance products to lead the sales team. The Team Lead reports to the Regional Manager.
Job Description
Job Summary
Manages the sales of the Retirement Savings Accounts (RSAs) within a defined geographic area and around areas as deemed fit by the firm to ensure consistent and profitable growth in sales revenues through positive planning, deployment and management of sales personnel
Principal Duties and Responsibilities
• Grow business with team members in line with the budget set by Management
• Manage and coach Team members professionally for optimal output
• Develop and deploy sales strategies with the Team to meet targets
• Collaborate with sales executives in achieving set target through effective sales strategies
• Employing the best possible strategies in improving firms client base
• Manages an assigned geographic sales area to maximize sales revenue and meet set objectives
• Prospect for new business and develop pipeline of leads
• Sell AVC to existing clients
• Follow up with employers that have RSAs that are unfunded
• Sell the company’s advantage to clients currently with other PFAs and get them to fill our expression of interest (EoI) forms
• Meet with key associations in the informal sector and get member contact details
• Develops specific plans to ensure we achieve 80% funding on all newly generated PINs within a calendar year.
• Efficiently coordinate firm resources to ensure optimal and stable output
• Holds regular meetings and training sessions with sales executives
• Routine visits and customer interactive sessions with major account for retention purposes
• Assist sales executives in managing High Net worth Individuals (HNI’s) and Pension Desk Officers (PDO’s)
• Acts as a coach for new sales executives in the onboarding program for new hires- Buddie for new sales members
Daily Activities/ Tasks
• Strategic visits to organisations in their order of priorities for retention purposes and to expand existing footprint
• Strategic visits to HNI’s of organisations to sell additional voluntary contribution
• Strategic visits to key Pension Desk officers to deepen the relationship to get repeat business and be aware of potential opportunities
• Cold calls to potential employers to establish our presence and grow relationships
• Cold calls to clients of other PFAs to sell the Company’s advantage and getting them to fill our EoI form
• Routine follow up on organisations with inconsistent remittance and unfunded accounts issues for resolution purposes
• Follow up with employers who have unfunded RSAs
• Develop relationship in organizations where we currently do have a strong presence to get expressions of interest forms ahead of the Transfer Window
• Collaboration with key members in the informal sector to sell the Company’s advantage to members and grow contact details ahead of the commencement of Micro Pension scheme
• Collaboration with sales executives for routine visits to existing clients for client relationship management purposes
Qualifications
Minimum Qualifications
• A University degree / HND is preferred; or a minimum of four years of related experience or training
Competency and Skills Requirements
Required Knowledge, Skills and Abilities:
• Excellent oral and written communication skills
• Good knowledge of the Microsoft office suite
• Good presentation skills
• Problem solving and analytical skills to interpret sales performance and market trend information
Generic Skills:
• Basic knowledge on the use of MS Excel / MS Word and Power Point
Supervisory Skills:
• Proven ability to lead and motivate sales team
• Ability to educate and impact knowledge on sales executives
• First-hand knowledge of the Pension Industry and PRA Act 2014
Additional Information
Only suitable candidates will be contacted.
Top Skills
What We Do
Fosad Consulting is an independent cross-industry HR and Engineering consulting firm. We partner with international and local companies seeking to accelerate the growth of their businesses by providing solutions that drive their businesses to succeed. Our solutions cater to multiple industries, including the oil and gas, financial services, telecommunications, transport, hospitality, healthcare and retail; and our projects are supported by professionals who have proven that they have what it takes to deliver against the odds to delight our clients.
For over 20 years we have provided hands-on solutions to a number of global brands, hence we understand how they work, their expectations, as well as the need to constantly provide services that are top-notch and meet the required global standards.
We are a leading provider of specialist Outsourcing solutions that extend to HR Services, Engineering, Expatriate Management protocols, Procurement, Learning & development interventions, Oil & Gas, and a host of services to some of the world’s most interesting brands.
We are proud members of the Nigerian American Chamber of Commerce – a foremost organisation that seeks to bridge the gap between Nigerian businesses and their counterparts in the United States. We are also registered members of the Networking with the United States of America (NUSA) program; under the auspices of the US Commercial Service initiative in Nigeria.
Part of our commitment to customer service means giving our clients honest, straightforward and, sometimes, even difficult advice. At Fosad we know you can’t afford to get it wrong and that’s why we do everything to make sure you get it right.