Madison Life Insurance Company Zambia Limited
Position: Manager – Micro Insurance & Corporate Marketing
Madison Life Insurance Company Zambia Limited (MLife) is one of the leading and rapidly growing Life Insurance institution in Zambia. Its business focus is Life Insurance products. MLife has a branch network spread throughout the major cities in the Country with the Head Office based in Lusaka.
Do you have what it takes to join one of Zambia’s largest insurance institution? The Company invites applications from suitably qualified and experienced individuals to fill in the following vacant positions; Manager-Micro Insurance & Corporate Marketing
KEY QUALIFICATIONS, QUALITIES & ABILITIES
- Full grade twelve certificate with at least merit in Mathematics & English.
- A Bachelor’s Degree in Insurance or Business related studies or equivalent.
- Advanced Diploma in Insurance from a reputable institute or pursuing advanced Cll Diploma.
- A professional qualification in Marketing would be an added advantage.
- At least 5 years’ experience in the Insurance Industry
- Technical Knowledge of Group Risks Business, Pensions, and Microinsurance.
- Excellent interpersonal skills and good negotiator and Marketer.
- Good Client relationship management,
- Trustworthy, confident and diligent with high level of integrity.
- Flexible – willing to travel/work extra hours when required.
- Ability to think outside the box and creative
- Effective organizational skills
- Ability to plan and formulate strategies
- Ability to implement strategies by using or adapting tactics
- Ability to drive and inspire
- Interest in and awareness of markets and financial implications
- Quick decision-making abilities and result oriented.
- Ability to identify market segments, niches, and potential markets
- Thorough knowledge of competitors’ products and services
- Ability to withstand criticism and irritated people
- Valid Driving License a must.
The core functions of the job are as follows:
- Marketing of Group Risk Insurance Schemes, Pension Schemes and Microinsurance and Bancassurance Products.
- Achieve new business budget as set in the strategic Planning set targets.
- Conducting research on the product needs of the clients.
- Design and develop new products as the market demands.
- Product distribution and networking.
- Conducting surveys on the performance of the company products and provide advice to management accordingly.
- Having the in depth knowledge of the competitors product offering and market initiatives.
- Liaising and ensure that there is harmonized relationship with clients and intermediaries i.e. Agents and Brokers.
- Executing and coordinating marketing strategies.
- Keeping the Departmental expenses within Budget
- Provision of quotations within 48 hours of receipt of required information.
- Monitoring and arranging the distribution of promotional materials, advertising and campaigns
- Attending and organizing sales promotional events and exhibitions.
- Supervising of subordinates effectively and efficiently.
- Ensure collection of Microinsurance and corporate business premiums within the debt collection days of 30 days.
- Achieve business retention of 95% of each product line.
- Organize and attend marketing activities i.e. Training workshops, Trade Fairs and others.
- Formulate and documenting all group business marketing procedures and processes.
- Ensure quality insurance underwriting and claims management by adherence to Policy Terms and Conditions.
- Timeliness, accuracy, completeness and quality of daily, Weekly, Monthly and Quarterly Reports as required.
- Timeliness meetings and quick auctioning on agreed matters.
- To ensure full ITC automation of Microinsurance business.
- Ensure general control and security environment as evidenced by Reports from Internal Audit and External Auditors plus compliance with regulation.
- Ensure work coordination with other Departments within the Company,
- Training of subordinates and other Partners.
- Any other duties as assigned.
If you think that you meet the above requirements, you are invited to submit your cover letter and CV electronically to the Assistant Human Resource Manager to [email protected]
Closing date is Tuesday, 22nd January 2021. PLEASE MENTION THE JOB TITLE IN THE SUBJECT LINE.
Please note that ONLY shortlisted candidates will be contacted.
To apply for this job email your details to firstname.lastname@example.org.