Business Development Officer, Corporate - First Assurance Kenya
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Industry Banking / Financial Services Founded 1991 Type Public Website http://www.absa.co.za Address 7th Floor, Barclays Towers West 15 Troye Street Johannesburg, Johannesburg 2001 South Africa
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Job Summary
- To support the Corporate (Broker) Business in general business with the required skills to meet the customers’ expectations and revenue objectives
Job Description
Business Development
- Management of tier 11 broker Relationships to deliver targeted premium outputs.
- Pipeline business management Quotation processing and transmitting the same to the brokers within TATSs
- Adhere to Interdepartmental Service level Standards in liaison with Underwriting team.
- Renewal follow up to achieve the renewal retention ratios.
- Champion Cross selling for corporate business with tier 11 brokers
Market Intelligence
- Collect market intelligence through research by reading articles, publications, internet, word of mouth and networking daily to keep abreast of market developments.
- Assess market opportunities with respect to competitor sales sources by remaining in touch with market forces.
- Manage knowledge capital by collecting, categorizing, storing, protecting, and distributing the results of market.
Financial
- Debt management for tier 11 broker as per the Debt Management standard
Operations & Compliance
- Coordinate Compliance with Regulatory requirements for Brokers for licensing and on boarding requirements as per ABC Third party Standards.
Requirements and Qualifications
- Bachelor's degree in a business field, Actuarial Science, or Insurance.
- 3 to 5 years of general or medical insurance experience with leadership duties.
- Professional qualifications like ACII or AIIK certification
Education
- Further Education and Training Certificate (FETC): Marketing (Required)