Standard Chartered Emirates jobs in Dubai

Company Description

With over 30 years of experience, Nexus stands as a reliable partner for individuals seeking insurance in Dubai, throughout UAE and across the GCC. Our team of expert advisors provides personalised solutions that deliver maximum benefits and peace of mind. Since its establishment in 2006, the company has offered a comprehensive range of insurance, savings, and investment products for both corporate and individual clients. Acting as an independent organization, Nexus collaborates with prominent international and domestic product providers to deliver tailored financial solutions. With operations in Dubai, Abu Dhabi, Qatar, Jordan, Bahrain and Kuwait, Nexus Group has nearly 300 qualified professional consultants and is actively supported by over 105 dedicated and qualified management and support staff globally offering a broad range of licensed products from regulated providers. The company is regulated to provide life insurance, savings plans, group medical policies, and various commercial insurance products, including employee benefits.

Role Description

This is a full-time, on-site role for an Insurance Sales Consultant, based in Dubai, United Arab Emirates. The Insurance Consultant will be responsible for providing tailored advice and financial assessments to clients, understanding and evaluating their needs, and recommending appropriate insurance and financial products. You will analyze clients' needs, recommend appropriate products, and offer strategic guidance to help them secure their financial future and protect their assets. You will work across various industries, ensuring that both personal and corporate insurance needs are met. Day-to-day tasks include conducting client meetings, presenting insurance and investment solutions, and adhering to regulatory compliance requirements to meet company and client objectives.

Please note: This is a non salaried, commission-based, full time office role.

Key Responsibilities:

Client Engagement:

• Develop and maintain strong relationships with both individual clients and corporate accounts.
• Conduct comprehensive assessments of clients' financial needs and risk exposure.
• Recommend customized life insurance, health insurance, and general insurance products to meet clients' specific needs.
• Conduct regular reviews of clients’ insurance coverage to ensure it aligns with their evolving needs.

Product Knowledge and Advice:

• Provide expert advice on a wide range of insurance products, including life insurance, health insurance, property, casualty, liability, and employee benefit plans.
• Educate clients about various types of policies, coverage options, and the benefits of different insurance plans.
• Present and explain policy options, terms, and pricing to clients in a clear and understandable manner.

Corporate Solutions:

• Work with corporate clients to design group insurance plans, such as life, health coverage, for employees.
• Assist businesses with risk management strategies and offer insurance solutions that protect assets, employees, and operations.

Sales and Business Development:

• Develop new business opportunities by prospecting for new clients (both individuals and corporate).
• Use networking, referrals, and marketing strategies to grow your client base.
• Meet sales targets by effectively presenting and selling insurance solutions.

Ongoing Service and Support:

• Assist clients with claims processes, ensuring they are handled efficiently and fairly.
• Provide timely support for policy renewals, modifications, and updates.
• Keep clients informed about policy changes, market trends, and new products.

Compliance and Record Keeping:

• Ensure all client interactions and sales activities comply with relevant regulatory and legal standards, including insurance industry regulations.
• Maintain accurate and up-to-date records of client interactions, proposals, and policies.

Skills and Qualifications:

Education: A Bachelor’s degree is preferred.

Certifications:

• Chartered Insurance Institute (CII) qualifications such as Cert CII (Certified Insurance Practitioner) or equivalent certifications are preferred.
• Additional qualifications in financial planning, investment planning, or risk management are an advantage.

Experience:

• Proven experience as a Financial Consultant or Insurance Advisor, ideally with experience in both life insurance and general insurance.
• Experience working with both individual and corporate clients.

Skills:

• Strong knowledge of life insurance, health insurance, and general insurance products.
• Excellent communication and negotiation skills.
• Ability to assess and manage clients' risks and financial planning needs.
• Strong sales acumen with a track record of meeting or exceeding sales targets.
• Excellent organizational and time-management skills.
• Knowledge of insurance industry regulations and compliance standards.

Job Type: Full-time

Application Question(s):

• This position is commission-based only. Please confirm if you wish to proceed.

Work Location: In person