Business Development Officer, Corporate - First Assurance Kenya

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

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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)