Business, strategic management jobs in Kampala Central Division, Uganda

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Britam

Banking + 2 more

Business Development Officer - Broking

Job details

Contract Type

Description

Key Responsibilities

Business Development and Growth

  • Develop and execute business-development initiatives for the Broking Channel in line with approved targets.
  • Identify, engage and onboard suitable new brokers in accordance with regulatory and internal requirements.
  • Generate new business from existing and prospective brokers and maintain a healthy opportunity pipeline.
  • Promote cross-selling across Motor, Medical, Property, Marine, Engineering, Liability, Travel and other classes.
  • Follow up quotations and tenders and implement actions to improve conversion rates.

Broker Relationship Management

  • Build and maintain productive relationships with brokers and key customer stakeholders.
  • Conduct regular broker visits, engagement meetings and performance reviews.
  • Understand broker and customer needs and coordinate appropriate, timely and competitive solutions.
  • Manage broker enquiries, concerns and service expectations through to resolution.
  • Develop joint account plans for priority brokers and track agreed growth actions.

Portfolio Retention and Renewals

  • Maintain an accurate renewal pipeline and coordinate early engagement on upcoming renewals.
  • Work with brokers and internal teams to retain profitable accounts and recover business at risk.
  • Analyse cancellation, retention and loss-account trends and recommend corrective action.
  • Support the review of policy terms, pricing and service issues affecting renewal outcomes.

Internal Coordination and Service Delivery

  • Work closely with Underwriting to obtain accurate and competitive quotations within agreed turnaround times.
  • Coordinate with Claims to support timely resolution of broker and customer concerns.
  • Collaborate with Finance and Credit Control to follow up premiums, reconciliations and outstanding balances.
  • Coordinate with Operations, Marketing and other teams to deliver broker initiatives and service commitments.
  • Escalate service gaps promptly and follow through on agreed corrective actions.

Reporting, Market Intelligence and Compliance

  • Maintain accurate records of broker engagements, quotations, renewals, opportunities and production.
  • Prepare timely channel-performance, pipeline and premium-collection reports for management.
  • Monitor competitor activity, broker feedback and market developments and recommend appropriate action.
  • Ensure brokers hold valid licences and that all business complies with IRA requirements and internal policies.
  • Maintain complete documentation and adhere to underwriting, credit-control, data-protection and operational standards.


Knowledge, experience and qualifications required

Education and Professional Qualifications

  • Bachelor’s Degree in Business Administration, Marketing, Insurance, Commerce or a related discipline.
  • A professional insurance qualification, such as COP, Diploma in Insurance or ACII, is an added advantage.

Experience

  • Three to five years' experience in business development, sales, account management or insurance broking.
  • Experience within general insurance or financial services is preferred.
  • Demonstrated ability to acquire, retain and grow a commercial portfolio.
  • Experience managing brokers or other intermediary relationships is an added advantage.

Essential Competencies

  • Sound knowledge of general insurance products, intermediary operations and regulatory requirements.
  • Strong business-development, relationship-management, negotiation and influencing skills.
  • Commercial judgement and ability to analyse portfolio performance and market opportunities.
  • Strong customer focus, communication, presentation and problem-solving capability.
  • Proficiency in Microsoft Office applications, particularly Excel and PowerPoint.
  • Ability to manage multiple accounts, priorities and deadlines with limited supervision.
  • High integrity, professionalism, resilience and a strong drive for results.



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