Business Development Officer (EMC) - Britam
Published On:
21st, August 2023
Closes on:
4th, September 2023
Job closed
Job Description
Reporting to the Head of SMEs & Alternate Channels, the role holder will be responsible for developing assigned channel(s), growing regional presence & diversifying product portfolio to provides sales related support to the assigned distribution channel(s) and direct business with an aim of growing the revenue and number of customers within the emerging consumer segment.
Responsibilities:
- Sourcing of business opportunities for EMC business.
- Manage relationships with clients, intermediaries and partners.
- Participate in conducting market intelligence and initiate proactive and reactive business growth and retention initiatives.
- Assist Head of SMEs & Alternate Channels to gather marketing intelligence and statistics to facilitate development of strategies to give the company a competitive advantage in Micro insurance space.
- Participate in product development lifecycle.
- Follow up on incentives for channels to ensure they are correctly processed and paid on time.
- Adhere to sales tools uptake and usage for channel growth, reporting and management.
- Diversify emerging consumers product portfolio to meet risk protection & investment needs of target consumer segments.
- Create and manage and retain winning partnerships with key product delivery stakeholders
- Manages relationships with the channel clients and intermediaries
- Manage sales costs to ensure profitability
- Ensure the credit policy for the company is adhered to
- Ensure retention of clients, intermediaries and partners as per segment targets
- Perform any other duties as may be assigned from time to time.
Requirements:
Knowledge, experience and qualifications required:
- Bachelors’ degree in a business-related field
- Professional qualification in Insurance (ACII, AIIK) an added advantage
- COP Compliant an added advantage.
- At least 3-4 years’ experience in the financial sector and an added advantage in the insurance industry and in sales and business development position
Technical/ Functional competencies:
- Knowledge of insurance regulatory requirements
- Knowledge of insurance products
- Sales and marketing management skills