Absa Group

Assistant Manager Business Development (Broker Business Corporate & Public Sector) - First Assurance Kenya

Posted: 4 hours ago

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Job Description

Empowering Africa’s tomorrow, together…one story at a time.With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.Job SummaryTo support delivery of targeted business (non-medical) growth with the right parameters.Job DescriptionBusiness 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 reportingEducation 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. EducationHigher Diplomas: Business, Commerce and Management Studies (Required)

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