Job Description:

EFU Life Assurance Ltd is a premier insurance brand in insurance industry that dates back to 1932. With 85 years of excelence and market leadership, EFU provides an opportunity to be its member and be a world class insurance professional.EFU Life Assurance Ltd is largest life insurance player in private sector. Having an asset base more than Rs. 92 Billion and funds under management over Rs. 100 Billion, EFU provides its clients the most blooming financial solutions.

Currently, EFU Life Assurance Ltd is seeking career oriented and zealous candidates from vicinity of Rawalpindi/Islamabad against the opening at its RAWALPINDI BRANCH.

JOB DESCRIPTION:

  • Attend three meetings atleast daily with prospective clients, conducting their financial interviews.
  • Seek new business opportunities and exploring new markets.
  • Prepare business proposals and conduct presentations.
  • Monitor persistency of the business.
  • Initially underwrite the business proposals.
  • Product designing.
  • Follow up with existing clients.
  • Clients funds management.
  • Relationship management.
  • High net worth individual relationship management.

REQUIREMENTS:

  • Atleast graduate.
  • Age 24 & above.
  • Pleasent personality with exceptional interpersonal skills.
  • Strong negotiation skills.
  • Go getter attitude.
  • Marketing experience is mandatory.(Insurance & Financial Sales experience will be preferred)
  • Prospecting & Time management skills.

EFU Life is an equal opportunity employer and encourages females to apply.

EFU offers market competitive salary coupled with fringe benefits (Pension, group life insurance, health insurance, company maintained car etc) to the right candidates.

Job Details

Total Positions:
5 Posts
Job Shift:
First Shift (Day)
Job Type:
Gender:
No Preference
Age:
23 - 55 Years
Minimum Education:
Intermediate/A-Level
Degree Title:
Graduation & Above
Career Level:
Entry Level
Minimum Experience:
Fresh
Apply Before:
Jul 01, 2017
Posting Date:
May 30, 2017

EFU Life Assurance Ltd

Insurance / Takaful · 3501-4000 employees - Chakwal, Doltala, Islamabad, Mandra, Rawalpindi, Rawat, Taxila, Wah Cantt

The Eastern Federal Union Insurance Company was registered in 1932 in the city of Calcutta, India. The company operated in India and Burma and sold both general and life insurance. In 1947, with formation of Pakistan, EFU (as the company was popularly recognized) moved to Pakistan and rapidly established itself as the leading insurance company in the Country. By 1961, the company was the largest insurance company not only in Pakistan but also in all of Afro-Asian excluding Japan. It remained so until 1972 when life insurance in Pakistan was nationalized. From this time onwards EFU operated solely as a general insurance company. EFU General today is the leading general insurer in Pakistan. It has a vast branch network covering all areas of the country and employs over 1200 individuals at its Head Office and in the branch network. In 1992, the Government of Pakistan opened up life insurance to the private sector and EFU Life Assurance was incorporated in 1992 as the first private sector life insurance company. EFU commenced writing group life insurance business in the same year, individual life business in 1994 and is today the largest life insurance company in the private sector in the company. EFU Life is managed by a team of professionals with extensive life insurance experience in the United Kingdom. This has helped the Company establish a professional culture unique amongst life insurance business in Pakistan. The company employs five full time actuaries and also has an active involvement of one the leading actuarial firms in the country. EFU Life is the first life insurance company in Pakistan to be awarded the ISO 9001:2000 certification which has now been upgraded to ISO 9001:2008. It is also the first life insurance company to have “Insurer Financial Strength” rating which is currently AA-,Outlook:Stable, from JCR-VIS, an affiliate of Japan Credit Rating agency. EFU Life has a comprehensive range of products which has been developed after extensive research of financial services in western countries such as the United Kingdom. These products are designed to meet the varying needs of EFU Life’s clients and offer the best in financial services. The third company in the EFU group is Allianz EFU Health Insurance Ltd which is dedicated to providing health insurance to individuals and corporations. It is a joint venture with Allianz of Germany, one of the largest insurance companies of the world. Allianz EFU Health is Pakistan’s first specialized health insurance provider. EFU is the only insurance group in Pakistan to provide a full range of insurance services; this includes life, health and general insurance. A pillar of EFU’s strength lies in its close and long term relationship of over 50 years with its main re-insurer, Munich Reinsurance Company of Germany, one of the leading reinsurance companies in the world. Another unique feature of EFU is a voluntary review mechanism by the companies to keep under review their operations, by professionals of international repute. EFU General has taken Mr. Wolfram Karnowski, who retired at a very senior level from Munich Reinsurance Company of Germany, on its Board of Directors. EFU Life has appointed Mr. Michael Bell, an eminent UK based actuary (retired from Watson Wyatt and currently chairman of a large UK based life company), to carry out an annual review of the company’s policies and operations. This independent review enables the company to keep abreast of international changes in the industry and ensures that the management adopts the best international practices. EFU believes in prompt settlement of claims and that has been our claim to success in the pre-nationalization era. We certainly uphold that image and try to make it even better; we undertake to settle claims within 7 days of the receipt of completed claim documents.

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