Business Development Executive (Asian Markets)

Knowledge, experience and qualifications required:

• Bachelors’ degree in a business-related field.
  
• Professional qualification in Insurance (DIP ACII, DIP IIK, ACII, IIK).
  
• 3-6 year’s relevant experience in the insurance industry.
  
• Hands on experience in handling Asian Markets preferred.
  

• Secure new GI business through intermediaries.
  
• Retain existing GI business as per set objectives.
  
• Maintain excellent customer service to intermediaries and clients.
  
• Service existing business and resolve customer complaints.
  
• Follow up on renewals for general insurance business.
  
• Forward proposal forms to underwriting department.
  
• Follow up premium collections for GI clients.
  
• Prepare weekly and daily reports as required.
  
• Undertake initial underwriting in accordance with set guidelines to ensure sound acceptance of risk.
  
• Respond to customer and client enquiries.
  
• Follow up on commissions and claims issues emanating from intermediaries.
  
• Recruitment of intermediaries as per set objectives.
  
• Conversion of FA’s and IFA’S in the market to ensure all are placing general insurance business.
  
• Continuous execution of initiatives and strategies per market to ensure meeting of set objectives and reviewing them where need be.
  
• Training of intermediaries on general insurance products and submitting training schedules to supervisors.
  
• Use authorized incentive scheme to bring in new business through training intermediaries on the same and marketing it.
  
• Creating strategic partnerships with intermediaries for maximum business support.
  
• Sharing of market intelligence with supervisor.
  
• Work closely with underwriter and branch manager and other lines of business to achieve set objectives
  
• Delegated Authority: As per the approved delegated authority matrix