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Assistant Manager Business Development (Broker Business Corporate & Public Sector) - First Assurance Kenya
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Absa Group Ltd, CIC Insurance Group, Equity Bank Kenya , First Bank of Nigeria Limited, KCB GroupProfession (Banking, microfinance, insurance)
Accounting, finance, banking, insurance,Administrative, clerical,Business, strategic management,Customer support, client care,Engineering, architecture,Human resources,Information technology, software development, data,Legal,Media, communications, languages,Medical, health,Project, program management,Sales, marketing, promotion,Security,Skilled, manual labor,Sports, beauty, wellbeing,Transportation, logistics, driving,
Industry (Business, strategic management)
Aeronautics,Agriculture, fishing, forestry,Automotive,Banking, microfinance, insurance,Communications, media, radio, tv,Computers, software development and services,Consulting, business support, auditing,Education, academic,Electronics,Energy, utilities, environment,Engineering, architecture,Finance & FinTech,Financial Services,Health care, medical,Housekeeping, maintenance,Human resources, talent development, recruiting,Legal, accounting,Manufacturing,Marketing, advertising,Non-profit, social work,Outsourcing, leasing,Raw materials, oil, chemicals,Real estate,Restaurant, hospitality, travel,Retail, wholesale, FMCG,Telecommunications,Transportation, logistics, storage,
Seniority (Business, strategic management, Banking, microfinance, insurance)
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Absa Group Ltd
Banking + 2 more
Assistant Manager Business Development (Broker Business Corporate & Public Sector) - First Assurance Kenya
Description
Education and Experience Required
- 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.
Responsibilities
Business Development
- 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.
Financial
- 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
Operations & Compliance
- 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.
Management reporting
- 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
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