banking jobs in UAE 2023 | Mashreq Bank Careers

 banking jobs in UAE 2023 | Mashreq Bank Careers 

banking jobs in UAE 2023 | Mashreq Bank Careers

Mashreq Bank announced on its official Linkedin page a vacancy

Senior Insurance Specialist

Mashreq Bank speaks for itself

  • Mashreq Bank was established in 1967. It is thus considered the first bank to exercise its functions in the United Arab Emirates.
  • Today, Mashreq celebrates more than five decades of excellence, as it has emerged as one of the leading financial institutions in the United Arab Emirates, as well as through its strong presence through its international offices located throughout Europe, Asia, Africa and the United States, as well as global capital centers.
  • Mashreq Bank is considered one of the most important and leading financial institutions in the UAE, in addition to being a real leader in the banking sector in the country.
  • Meanwhile, throughout the successful march of Mashreq Bank since its inception in 1967.
  • The bank has provided and continues to provide the best and most powerful innovative banking services and products to a large number of customers. From all segments of society, individuals, companies and institutions.
  • Mashreq Bank is spread through a network of large branches located throughout the United Arab Emirates.
  • The Bank's unprecedented creativity in providing innovative solutions has won many awards over the years.
  • Mashreq Bank is constantly keen to provide value-added products and services and continues to win the most important awards from the most prestigious institutions in the world.
  • In 2020, the bank won a number of awards, including the “Most Innovative Bank in the Middle East” from Euromoney. This is evidence of the success of a combination of innovation and continuity, making Mashreq a stable and profitable financial institution for its customers.

Job Purpose

  • To provide Mashreq customers financial services which exceeds the customer expectations by delivering an unbiased and informed solution in a timely and seamless manner.

Job Responsibilities

  • Be the overall Insurance subject matter expert and point of contact within the wealth segment.
  • Provide an unbiased knowledgeable, objective financial guidance and customized strategies to consumer segments, which should be in line with the organization directives and suitability guidelines as provided from time to time.
  • Train, coach and motivate private bankers, Mashreq Gold RMs on an ongoing basis with an objective to meet FER targets on Insurance, savings product & Legacy planning solutions.
  • Interact with external consultants on understanding global practices and implement as necessary.
  • Use the available tool provided by bank to undertake customer interview and conduct need analysis for every prospect. 
  • Provide detailed product presentation and features based on customer requirements evaluated under profiling process.
  • Assist with documentation and closure of all document and medical requirements raised by Insurance Provider.
  • Upsell, cross sell , provide regular market information and updates with trend analysis to new and existing customers on portfolio balancing.
  • Take ownership of customer complaints and coordinate with respective teams for resolution.
  • Provide constructive and constant feedback on improvement of Insurance product services, processes.

Knowledge, Skills and Experience

  • Minimum of 8 – 10 years of proven background in financial industry with a Min 5 year experience in Life Insurance business.
  • Sales Management and Local Area Marketing Skills.
  • Knowledge of Microsoft Office, CRM, and Bank/Insurance Systems.
  • Strong communication and negotiation skills.
  • Marketing/business degree and/or equivalent professional qualification.

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