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9 Aug 2018

Full-Time Business Development Jobs

Jubilee Insurance – Posted by Sunlit Centre Kenya Nairobi, Nairobi County, Kenya

Job Description

Business Development Manager, Broker Channel Job at Jubilee Insurance

Ref: HRJIC448

Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa in 1937. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, General and Medical Insurance. Today, Jubilee is the number one insurer in East Africa with over 450,000 clients. Jubilee Insurance has a network of offices in Kenya, Uganda, Tanzania, Burundi and Mauritius. It is the only ISO certified insurance group listed on the three East Africa stock exchanges – The Nairobi Securities Exchange (NSE), Dar es Salaam Stock Exchange and Uganda Securities Exchange. Its regional offices are highly rated on leadership, quality and risk management and have been awarded an AA- in Kenya and Uganda, and an A+ in Tanzania. For more information, visit www.JubileeInsurance.com.

We currently have an exciting career opportunity for a Business Development Manager, Broker Channel, General Department. The role reports to the Head of Business Development, General Department.

Role Purpose

Business Development for General Insurance Business and coordinating the implementation of the work plan to enable achievement of the set budget and ensuring improvement of business production and service delivery of the outreach producers and encouraging achievement of the set production target for the producers

Responsibilities for the Business Development Manager Job

  • Providing strong leadership in the development of the business under the broker channel so as to support the achievement of the department’s objectives, business plan, ensuring delivery and maintenance of highest standard of customer service and marketing of the company products
  • Contributing to the formulation of and review of business plan and budgets and ensuring success
  • Identification of new business leads, liaison with brokers, maintenance of sales funnel and continuous follow up of prospects (negotiations) to ensure high quotation conversion rates
  • Conducting market research, analyzing business trends in the market and providing market intelligence to the Head of Business Development for key business decisions for sustainable upward growth of the channel
  • Onboarding and developing brokers to achieve maximum production to the company and conducting periodic training programs to intermediaries to sensitize them on the marketing of company’s new and existing products
  • Participating in client portfolio reviews and setting of underwriting terms
  • Developing and maintaining productive relationship with brokers through well planned regular visits and review of business incentives to motivate performance
  • Organizing networking functions between brokers and the underwriting staff to improve working relationships that boosts targeted production
  • Implementation of credit control policy and ensuring adherence to the Cash and Carry regulations
  • Weekly reporting of business (new & renewals) performance
  • Managing business renewal retention through the broker channel to achieve set renewal targets
  • Ensuring efficient management of new business onboarding process including the tendering of government business in terms of timeliness and documentation to ensure high tender closure rates

Key Competencies

  • Visionary Leadership
  • Entrepreneur Spirit
  • Market Awareness
  • Customer Focus
  • Continuous Innovation
  • Ownership & Commitment
  • Team Spirit

Functional Skills

  • Strategic planning and management
  • Business planning and implementation
  • New ideas generations
  • Marketing intelligence and business development
  • Underwriting skills
  • Underwriting expertise
  • Presentation skills

Business Development Manager Job Qualifications

  • Graduate in business related degree (marketing, commerce, insurance, economics)
  • Excellent General business Technical knowledge
  • Proficient in the use of Microsoft office suite and packages
  • Professional insurance certificates/ diplomas/ advanced diploma
  • People management skills both of internal and external partners

Relevant Experience

  • A minimum of Six (6) years’ experience in General Business gained in a reputable general insurance company

How to Apply

Applications to be sent to Recruitment@jubileekenya.com quoting the Job Reference Number and Designation given above before 24th August 2018 Only shortlisted candidates will be contacted.

Job Categories: Business Development. Job Types: Full-Time.

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