Massive Recruitment at Old Mutual Kenya
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394 Days Ago
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Job Description
1. The incumbent will be responsible for all the specialty line of business activities, ensure achievement of set business targets, and promote growth .
2. Ensure continuous product review and development of new products ion line with the company risk appetite
3. Ensure profitable growth of specialty classes including but not limited to Trade Credit, large infrastructure projects, Power generation projects, Events Insurance, Kidnap & ransom, Oil and gas.
4. Design a product review plan to ensure products remain relevant in the market
5. Formulate and implement product development strategy , champion and take leadership of General insurance product development.
6. Participate in negotiations and discussions on prospective business in growth of business in this area
7. Prepare quotations as per the company’s standards of service and authority level matrix and follow through to conclusion
8. Ensure timely capturing and issuance of documentation for all business relating to these classes.
9. Prepare various periodic reports on the area of operation
10. Daily servicing of clients to nurture the relationship between the company and our customers
11. Initiate and follow with Insurance Regulatory Authority (IRA) authority and Reinsurance department to ensure placement of all business outside the existing treaty programs.


QUALIFICATIONS, SKILLS AND COMPETENCIES
Qualifications:

1. 1st Degree
2. At least 5 papers ACII or equivalent

Experience:
1. 5 years
Skills and Competencies:
1. Good product knowledge and technical skills
2. Excellent communication and negotiation skills
3. Excellent interpersonal relations skills
4. Extensive networking with corporate organizations and general intermediaries
5. Good analytical skills



Job Description
To oversee all business development activities, achievement of set business targets, promote growth while ensuring amicable mutually beneficial business relationship with our clients/ intermediaries.

Implement the business development plan
1. Prepare quotations, and authorize within specified limits
2. Follow up on quotations to close business and to get feedback
3. Facilitate product presentations
4. Prepare BD activity reports
5. Assist in development and implementation of new products
6. Daily servicing of clients to nurture the relationship between the company and our customers
7. Ensure premium collections for business closed
8. Solicit for quotation requests, facilitate the quotation process to increase the conversion rate
9. Establish and cultivate relationships with intermediaries and clients.
 

10. Use and update CRM and Pipeline tool on a daily basis with activities undertaken by self or as advised by the Sales manager
11. Represent UAP in business development meetings with prospective clients.
12. Attend to arising customer service issues in Health business
13. Assist in selection and recruitment of agents
14. Collect market intelligence


Competences

1. Presentation skills.
2. strong analytical skills
3. Working knowledge of Ms office.
4. Strong verbal and written communication skills
5. Passionate and results driven.
6. Able to work with minimum supervision

Qualifications

1. Bachelor’s degree.
2. Progress towards ACII or equivalent
3. Minimum of 1 year in Business Development preferably in the Insurance Industry
Job Info
Job Category: Several Jobs in one Advert jobs in Kenya
Job Type: Full-time
Deadline of this Job: 29 April 2023
Duty Station: Nairobi
Posted: 19-04-2023
No of Jobs: 1
Start Publishing: 19-04-2023
Stop Publishing (Put date of 2030): 13-04-2066
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