Business Development Officer, Corporate - First Assurance Kenya at Absa Bank Limited

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