Business Development Officer| JobsearchKE

Business Development Officer

Date Posted: March 6, 2024, 8:54 a.m.

Job Description

KEY PRIMARY RESPONSIBILITIES

Sourcing and procuring of business in line with the set targets/budgets;

Addressing client/customer inquiries and feedback within the timelines stipulated in the service charter and/or SLAs signed with respective clients;

Reviewing the performance of risks through loss ratio reports for both new and existing business;

Supporting in premium collection;

Preparing weekly and monthly reports giving details of individual performance on business acquired/lost and feedback on market practices from customers;

Initiating and strengthening broker-related business relationships with existing and prospective clients to achieve performance targets;

Should be well-versed and knowledgeable about the local Insurance market

Should be well grounded in Life Insurance Products i.e. Group & Credit Life; Pensions and Annuity lines of business

Should have excellent interpersonal skills and the proven ability to work with intermediaries, especially brokers; with the aim of establishing and sustaining long-term mutually beneficial business relationships

ACADEMIC QUALIFICATIONS

Bachelor’s degree in a relevant field

JOB SKILLS AND REQUIREMENTS

Computer literate

Decision-making skills

Planning and organization skills

Good Communication and interpersonal skills

Good analytical skills and keen on details

PROFESSIONAL QUALIFICATIONS

Progress in ACII/AIIK

EXPERIENCE

At least 2 years of relevant experience preferably with the coastal insurance market