Old Mutual

Banking + 2 more

Business Development Officer

Job details

Contract Type

Description

3. KNOWLEDGE & EXPERIENCE

  • Technical Knowledge

  • At least 3 years’ experience

4. QUALIFICATIONS

  • A business-related degree from a recognized university

  • Progress towards ACII/AIIK or equivalent


Responsibilities


1. Management of the Distribution Channels to ensure;


  • Increase in the number of brokers under the distribution channel

  • Attain product revenue targets

  • Ensure profitability of the relevant product at appropriate cost levels

2. Ensure effective internal controls, policies, and procedures are in place

3. Establish and cultivate relationships with brokers

4. Managing an efficient sales cycle (sales pipeline)

5. Ensure that proper management of accurate, quality, and timely business reports

6. Monitor cash & carry policy to ensure that all premiums are paid upfront

7. Manage IPF business in liaison with the finance team

8. Manage and attend brokers’ meetings

9. Ensure timely completion and resolution of brokers’ inquiries

10. Prepare and ensure implementation of BD activity reports

11. Assist in development and implementation of new products

12. Maintain effective business relationships to ensure effective delivery of service

2. SKILLS AND COMPETENCIES

  • Entrepreneurial Spirit

  • Market Awareness

  • Ownership & Commitment

  • Customer Focus

  • Excellent communication & interpersonal skills.

  • Time management & Negotiation skills

  • Business Planning & Implementation

  • Passionate and results driven.

  • Able to work with minimum supervision


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