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Associate II, Business Development Job ICEA Lion

Insurance Jobs. ICEA Lion Jobs

Job Summary

The role of the Business Development Officer is promoting and growing the Group Life & Pensions business by providing competitive quotations to clients, generating revenue through diverse distribution channels, new business processing, and providing excellent customer service.

  • Generating revenue from new and existing brokers as well as clients.
  • Providing and sending competitive quotations to prospects and intermediaries.
  • Preparing and writing proposals for submission and tender processing.
  • Consulting on the most effective cover for a particular need, while taking a number of factors into account.
  • Setting up meetings, preparing and delivering presentations to potential clients.
  • Processing of documentation for new business acquisition.
  • Developing and maintaining good working relationships with intermediaries, business partners and existing customers.
  • Ensuring credibility with clients by maintaining detailed knowledge of current market conditions and competitors’ products.
  • Delivering good customer service by responding swiftly to queries and concerns from clients.
  • Gathering customer service feedback and reporting on intellectual and operational issues raised by clients.
  • Handling compliance and servicing meetings as assigned by Managers.
  • Providing management with market feedback and intelligence.
  • Regularly and accurately updating database of all prospective and closed business in addition to submitting a weekly report of activities to managers.
  • Ensuring strict adherence to practices, procedures and policy stipulated in the business development operational manual including the Code of Ethics.
  • Maintaining and updating all forms of business contacts.
  • Preparing regular management reports.
  • Managing intermediaries and other business partners social forums to enhance relationships and reward good performance.
  • Managing exhibition stands and corporate sponsorships.
  • Providing advice to process improvement and system development initiatives affecting the department and participating in the automation of the business function.
  • Identifying broker or emerging customer needs in order to help develop new business opportunities in liaison with business development heads.
  • Training of staff (Executive Trainees, & Business Development Assistants), business partners and intermediaries.
  • Bachelor’s Degree in a business or social science related field from a reputable university.
  • Reasonable progress toward professional qualification(s) in insurance e.g. ACII, FCII or equivalent, would be and added advantage

Experience

  • At least four (4) year’s post qualification experience in a Life Assurance and Pensions Business Development function. Must have previous experience in sales and marketing

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