• Citibank UAE Careers | Insurance Specialist, Dubai

    Citibank UAE Careers | Insurance Specialist, Dubai

    Location: Dubai - United Arab Emirates
    Published:

    Job Description

    As an Insurance Specialist, the incumbent will act as an in-house insurance specialist to support for Wealth Management teams in Abu Dhabi. To help manage the transition from execution-oriented setup to a wealth management paradigm, and to ensure seamless front office deal processing

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • Support the Relationship Managers and Personal Bankers in evaluating customers' needs and providing solutions in the areas of wealth protection and accumulation, retirement planning, estate preservation and endowment planning.

    • Design and recommend strategies to meet the objectives of the customers.

    • Work closely with the Relationship Managers to identify opportunities, coach them on insurance concepts and products, generate a warm insurance sales pipeline to follow through until sales closure, interact effectively HNWI (CG/CPC) customers to offer service/upsell/cross sell insurance policies

    • Call customers to create a warm insurance sales pipeline, meet customers independently, follow up until sales closure

    • Working with Market Lead – Abu Dhabi to design and roll our strategies and new insurance products and client offers as required

    • Working with the insurance product team and the respective insurer to roll out micro marketing events

    • The role requires responsibility to achieve insurance revenue as per the business plan

    • The role will be eligible for bank approved Variable Compensation Plan


    Job Requirements

    • MBA or Business Degree holder

    • Relevant certificates Insurance related are preferred

    • Knowledge of insurance products and the overall investment process

    • Comprehensive knowledge of Insurance + investment management + current market / economic / financial trends and analyses

    • At least 3-5 years' experience in selling life Insurance products in the UAE, experience in Abu Dhabi market will be an advantage

    • Wealth management experience, with sales and products background.

    • Familiar with financial planning concepts

    • Good interpersonal and communication skills

    • Exhibit strong interpersonal skills and be a good team player

    • Strong analytical/problem solving skills/quantitative skills

    • Has to be bilingual (Arabic and English)

    • Excellent presentation and computer skills

    • Excellent verbal and written communication skills in English – good verbal communication in Arabic would be an advantage and essential to this role.

    • Competencies

    • Good team player with ability to manage teams, influencing and convincing people.

    • Proven track record of developing and building client relationships

    • Highly customer oriented

    • Positive/can-do attitude. Highly motivated and results-oriented team player.

    • Strong attention to detail

    Job Details

    Company: Citibank

    Employment Type: Full-time

    Job Location: Dubai, United Arab Emirates

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