Old Mutual

Banking + 2 more

Business Development Officer – Corporate Office

Job details

Contract Type

Description

3. KNOWLEDGE & EXPERIENCE

  • Technical Knowledge,
  • At least 3 years’ experience

4. QUALIFICATIONS

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

5. KEY RESULT AREAS & PERFORMANCE INDICATORS

  • 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


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 of 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 customer

    Meeting to determine needs

    Client acquisition

    Account 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


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