Business Development Officer- Corporate Life Job Old Mutual

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Sales & Marketing Jobs, Old Mutual Jobs.

Delivery of the budget for both Grow Corporate Life Business Sales through brokers, independent agents, tied agents and direct sales.

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Responsibilities

  • DELIVERY OF BUDGET – Ensure the set budget for Group Life, Group Credit Life, Group Last Expense and Group Critical Illness is realized for year.
  • MARKET INTELLIGENCE – Obtain market information in respect of Corporate business and ensure the information is used for product improvement so that our product offering remain relevant and continue to meet customer expectations
  • PROPOSALS FOLLOW UP:Ensure proposals are delivered within the agreed timelines.Follow up competitiveness of proposals sent out.
  • Driving business and ensuring sustained growth, focusing on achieving/ surpassing sales targets.
  • Expanding business reach and proactively creating new sales leads/ opportunities.
  • Constantly interacting with prospects and maintaining cordial business relationship with key clients.
  • Expanding channel business by sourcing new partners as well as maintaining efficient business relationships with existing partners to enhance growth of business operations.
  • Handling high value sales, addressing minor details and identifying areas of improvements in customer service.
  • Undertaking business case assessment to enhance channel sale relations, as well as assessing and evaluating new products.
  • Managing an efficient sales cycle (sales pipeline) and value based service  cycle through use of CRM to drive the following business goals: -Identify Target customerMeeting to determine needsClient acquisitionAccount Service Plan – client/intermediary visits, policy documentation, credit control, claims management, SLA’s etc.
  • Ensure that proper management of accurate, quality and timely business reports.
  • Monitor competitor activity and advise the business on opportunities/threats that are presented by such activities.

Skills & Competencies

  • Decision Making,
  • Initiating Action,
  • Business Development, Key Accounts Management, Contractual Evaluation & Negotiation
  • Setting Strategies/ Sales Target, Clientele Development, Sales Management
  • Coordination, Competitor Analysis
  • Product Management, Customer Care
  • Vendor Management
  • Communication & Interpersonal, Leadership, Analytical Thinking Skills

Knowledge & Experience

  • Technical Knowledge,
  • At least 3 years’ experience

Qualifications

  • Bachelor degree Marketing, Commerce or Business Administration
  • Sales experience
  • Employee Benefits training and experience will be an added advantage

KPIs

  • Meeting set revenue targets measured periodically
  • Timely delivery of proposals and quotations
  • The amounts of new revenue placed through targeted distribution channel partners.
  • Debtor days for Distribution Channel partners
  • Expense controls for Profitability of accounts placed
  • The number of suggested new solutions to clients and distribution channel partners
  • Timely periodical reports to seniors

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