Executive Officer-RM Bancassurance

EFU Life Assurance Ltd.

Published Date: • Karachi, Pakistan (On-Site)

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Description

EFU Life Assurance Ltd. seeks a dedicated Executive Officer for RM Bancassurance to foster and strengthen client relationships while supporting the achievement of strategic business objectives. This role requires a professional with expertise in relationship management, insurance product knowledge, and regulatory compliance, who can ensure adherence to KYC norms and company policies. The Executive Officer plays a crucial role in enhancing customer retention and satisfaction by coordinating with various internal departments to deliver smooth and compliant services. The ideal candidate brings at least two years of relevant experience in the insurance or financial services sector and demonstrates a proactive approach in identifying growth opportunities and mitigating risks. This position does not involve managing a team, but requires strong collaboration skills to work effectively with internal teams in reporting, negotiating, and implementing process improvements. Continuous learning about industry changes and regulatory updates is essential to maintain compliance and offer valuable guidance to clients.

Responsibilities

- Build and nurture strong, lasting client relationships to enhance retention and boost customer satisfaction.
- Develop and execute strategic plans aligned with client objectives and the company’s business goals.
- Conduct thorough risk assessments to ensure compliance with company policies and regulatory frameworks.
- Negotiate terms and agreements with clients to secure outcomes favorable to both the company and customers.
- Identify new business opportunities and actively pursue them to contribute to company growth.
- Collaborate closely with internal teams to provide seamless service delivery and promptly resolve client issues.
- Monitor and manage client portfolios effectively to optimize service quality and risk control.
- Prepare and present detailed reports on client activities, risk factors, and progress in business development.
- Stay informed about current industry trends and regulatory changes to maintain compliance and offer knowledgeable advice.
- Support senior management in the implementation of process improvements and adopt best practices within relationship management.

Experience

2 Years

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Required Skills

Nice to Have Skills