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

Job Description

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