Head, Agency Development at Prudential Zenith Life Insurance
Confidential
Lagos, Nigeria
Permanent
Published 1 month ago · Expires 1 week from now
Job description
## Title: Head of Agency Development
Key Responsibilities
Strategic Development
- Develop and execute a comprehensive 3–5 year strategic roadmap for the agency channel, aligned with the company's overall business objectives and growth targets
- Design and implement innovative strategies for corporate market penetration, geographic expansion, and targeting new customer segments
Performance Analytics
- Utilize data-driven insights from Management Information (MI) systems to identify trends, forecast performance, and make informed strategic decisions
- Optimize channel productivity and profitability through analytical insights
Product Alignment
- Collaborate with Product Development and Marketing teams to ensure agency product offerings are competitive and meet market needs
- Support offerings with effective sales tools and campaigns
Manpower Planning
- Architect a robust and sustainable recruitment strategy to build a large, productive agent force
- Focus on both quantity and quality of hires
Future-Ready Initiatives
- Research and propose new technologies, training methodologies, and sales practices
- Future-proof the agency channel and maintain competitive advantage
Team Management
- Directly manage and mentor a team of Zonal Heads of Agency, Agency Development Executives, and Team Leaders
- Set clear performance expectations (KPIs) and foster a culture of high performance and accountability
Field Support
- Ensure effective implementation of field coaching programs
- Oversee and validate that teams are actively supporting agents in the field to enhance productivity and sales closure rates
Performance Management
- Monitor key performance indicators (KPIs) including Active Annual Premium Equivalent (APE), Case Count, and Productivity Ratios on a weekly and monthly basis
- Take corrective action to address gaps and ensure targets are met
Recruitment Drive
- Execute the manpower expansion strategy to support agency growth objectives