Assistant Manager Business Development (Broker Business) - First Assurance Kenya

Gitanga Road (absa General Insurance Co)mid

SalesBusiness Development

0 views0 saves0 applied

Apply Now

Quick Summary

Overview

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,

Technical Tools

SalesBusiness Development

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.

My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.

Job Summary

To support delivery of targeted business (non-medical) growth with the right parameters.

Management of broker Relationships to deliver targeted premium outputs.
Pipeline business management quotation processing and transmitting the same to brokers within TATSs
Draw up and operate SLAs with brokers for differentiated service delivery.
Adhere to Interdepartmental Service level Standards in liaison with Underwriting team across the branches.
Champion cross selling for corporate business and other special assignments as allocated
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 and influencing.
Manage knowledge capital by collecting, categorizing, storing, protecting, and distributing the results of market.

Deliver financial parameters for GWP, loss ratios, cross selling
Debt management broker as per the debt management standard
Manage and control expenditure for travel, events, and promotional items.
Plan, assign and allocate funds for events plans, or promotional items required for brand management through brand management activities as per the structured calendar

Actively keep up to date with all relevant knowledge, legislation and developments within the business unit and insurance industry that may have an impact on the Business Advantage
Coordinate Compliance with Regulatory requirements for Brokers for licensing and on boarding requirements as per ABC Third party Standards.

Prepare accurate production reports/ other statistics for management reporting
Represent the department in the absence of the head of the department in various business reporting

Bachelor’s degree in a business-related field (Actuarial Science, B.Com Insurance, Business Administration)
7 – 10 years of sales management and business development experience in Insurance, at least 5 - 6 of which should be in General Insurance and holding a management role.
ACII, Diploma in Insurance (UK) or AIIK, Diploma in Insurance (Kenya) or with good progress in either.

Education