Assistant Manager Business Development (Broker Business) - First Assurance Kenya

JOB SUMMARY

Education and Experience RequiredBachelor’s degree in a business-related field (Actuarial Science, B.Com Insurance, Business Administration)  7 – 10 years of sales management and business development experience in Insurance, at least 5 - 6 of which should be in General Insurance and holding a management role.ACII, Diploma in Insurance (UK) or AIIK, Diploma in Insurance (Kenya) or with good progress in either. 

RESPONSIBILITIES

Business DevelopmentManagement of broker Relationships to deliver targeted premium outputs.Pipeline business management quotation processing and transmitting the same to brokers within TATSsDraw up and operate SLAs with brokers for differentiated service delivery. Adhere to Interdepartmental Service level Standards   in liaison with Underwriting team across the branches.Champion cross selling   for corporate business and other special assignments as allocatedCollect market intelligence through research by reading articles, publications, internet, word of mouth and networking daily to keep abreast of market developments.Assess market opportunities with respect to competitor sales sources by remaining in touch with market forces and influencing.Manage knowledge capital by collecting, categorizing, storing, protecting, and distributing the results of market.FinancialDeliver financial    parameters for GWP, loss ratios, cross sellingDebt management broker as per the debt management   standard  Manage and control expenditure for travel, events, and promotional items.Plan, assign and allocate funds for events plans, or promotional items required for brand management   through brand management activities as per the structured calendarOperations & Compliance Actively keep up to date with all relevant knowledge, legislation and developments within the business unit and insurance industry that may have an impact on the Business Advantage Coordinate Compliance with Regulatory requirements for Brokers   for licensing and on boarding requirements as per ABC Third party Standards. Management reportingPrepare accurate production reports/ other   statistics   for management reportingRepresent the department in the absence of the head of the department in various business reporting

REQUIRED SKILLS

Sales performance tracking and reporting, Negotiation, Business development, Product knowledge

REQUIRED EDUCATION

Bachelor's degree