Sales Officer
4 hours ago
About the role
As a Sales Officer, you will be a key member of the Sales Brokers team. You will report to the Team leader and play a vital role in achieving the company's growth, profit, and service objectives.
Key Responsibilities:
Sales & Broker Management
- Promote and market the company's insurance services through brokers, intermediaries, and direct client selling.
- Devise strategies and checks aimed at increasing production and ensuring efficient servicing of accounts.
- Conduct regular visits with clients and brokers to solicit business for the company.
- Act as the primary liaison between brokers/intermediaries and the company to ensure a seamless flow of correct information.
- Work to increase the placement of insurance and tap into new sources of business.
- Assist in the prompt collection of premiums and outstanding accounts.
- Monitor broker/intermediary compliance with the company's reporting requirements.
- Prepare written reports on production performance, outstanding accounts, and strategies to remedy any unfavorable variances.
Underwriting & Policy Management
- Ensure sound underwriting practices and the accurate, timely preparation and issuance of policy documents.
- Evaluate, review, and accept insurance risks within specified limits of authority.
- Prescribe premium rates and terms of coverage for risks within your authority.
- Handle requests for policy issuance and endorsements, ensuring all documentation is complete and authentic.
- Prepare proposals and communications for clients and brokers.
- Manage policy renewals, ensuring they are prepared at least two months before their expiry dates.
- Conduct risk surveys as requested and prepare narrative reports with recommendations for safety and loss control.
Coordination & Administration
- Coordinate with the Claims Department to process claims filed by your unit's brokers and clients.
- Ensure that all requests for risk inspections are handled promptly and that re-inspections occur periodically.
- Maintain adequate, up-to-date, and accurate records, statistics, and other relevant documents.
- Keep your superior informed of your activities and decisions.
- Perform other duties as assigned by superiors.
What we offer
At Malayan Insurance Co., Inc. (MICO)', we are committed to providing our employees with a supportive and rewarding work environment. In addition to a competitive salary, we offer a range of benefits, including:
- Comprehensive health insurance coverage
- Better fringe benefits
- Opportunities for professional development and career advancement
- Collaborative and inclusive company culture
- Employee wellness initiatives and social activities
If you are an ambitious and customer-focused insurance professional looking to join a dynamic and growing company, we encourage you to apply for this exciting opportunity. Apply now to take the next step in your career.
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