Executive Officer-RM Bancassurance

Rozeegpt; Karachi Division; On-site; PKR 600,000 - 900,000; Full time

Job summary

EFU Life Assurance Ltd. is seeking an Executive Officer for RM Bancassurance to strengthen client relationships and support strategic objectives.

The role emphasizes relationship management, insurance product knowledge, and adherence to KYC norms and company policies. The successful candidate will work cross-functionally with internal teams to deliver compliant services, identify growth opportunities, and mitigate risks.

Qualifications

• Minimum 2 years of experience in insurance or financial services.
• Strong collaboration skills to work with internal teams on reporting and process improvements.
• Knowledge of KYC norms and regulatory requirements.
• Proactive in identifying growth opportunities and risk mitigation.
• Ability to negotiate terms and deliver compliant services.

Responsibilities

• Build and nurture strong client relationships to boost retention and satisfaction.
• Develop and execute strategic plans aligned with client objectives and company goals.
• Conduct risk assessments to ensure compliance with policies and regulations.
• Negotiate terms and agreements with clients to secure favorable outcomes.
• Identify and pursue new business opportunities to drive growth.
• Collaborate with internal teams to deliver seamless service and resolve issues.
• Monitor and manage client portfolios to optimize service quality and risk control.
• Prepare and present reports on client activities, risk factors, and progress in business development.
• Stay updated on industry trends and regulatory changes to maintain compliance.
• Support senior management in process improvements and best practices.

Skills

Relationship management

KYC compliance

Insurance product knowledge

Regulatory compliance

Client communication

Risk assessment

Job 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.