Business Development Officers – jobs in kenya

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Full Time
ICEA Lion Group

Business Development Officer Retail – Mombasa, Nanyuki, Kakamega, Kericho

ICEA LION Group is a one-stop financial services provider offering innovative products and services in insurance, pensions, investments and trusts. The group was formed as a result of business reorganization involving Lion of Kenya Insurance Company Limited (LOK) and Insurance Company of East Africa (ICEA) in 2012.

 

Job Description

Role Summary

The role entails driving revenue growth and expanding the new and renewal of General Insurance (GI) business portfolio. The goal is to meet Retail business annual budgets by strategically developing assigned markets and intermediary channels. It involves cultivating profitable business opportunities for the company through the establishment of robust relationships and partnerships.
Roles and Responsibilities
Sales and Marketing

§  Cultivate robust strategic partnerships and relationships with assigned intermediaries.

§  Efficiently navigates the sales cycle and maintains a value-driven service approach.

§  Implement optimal Client Relationship Management practices to meet business objectives.

§  Track and report performance against agreed sales and retention targets.

§  Spearhead revenue growth by overseeing daily sales activities of assigned intermediaries.

§  Keep clients informed about both new and existing products.

§  Collaborate with various departments to ensure seamless and timely service delivery to clients/intermediaries.

§  Develop and promptly deliver quotations and tender documents to clients/intermediaries.

§  Contribute to departmental planning and budgeting processes as needed.

§  Ensure compliance with credit control policies through cash and carry and debt collection initiatives.

§  Foster intermediary engagement through visits, performance reviews, support, training, and motivation to drive business growth.

§  Organize and execute market activations and outreach events in strategic locations through visits or alternative methods.

§  Monitor competitor activity and identify opportunities/threats arising from such activities

Operational Procedures

·       Ensure that proposal forms and all relevant client documentation contain all the relevant personal details of the proposer,

·       Ensure strict adherence to practices, procedures, and policy stipulated in the Market Outreach operations manual, including the Code of Ethics,

·       Complete customer care feedback forms during visits to brokers, agents, and direct clients and liaise with a supervisor about operational issues raised by clients,

·       Ensure All intermediaries are fully licensed to trade

Learning and Growth

·       Continue to build personal skill set by participating in in-house programs (including e-learning), customer-related courses, and seminars as deemed necessary to expand product and system knowledge,

Requirements

 
  • A minimum of a business degree in a related field; additional qualifications in sales and marketing would be an added advantage.
  • Training in sales and marketing.
  •       Professional qualification(s) in insurance e.g. ACII, FCII, or equivalent considered an added       advantage
  •      2 years experience in Retail or B2C sales & marketing, preferably in the financial services industry
Core Technical Competencies
 

§  Good customer relationship management skills (internal and external customers).

§  Good communication skills, both written and verbal.

§  Self-motivated but able to work as part of a team.

§  Good organizational and time-management skills.

§  Positive attitude, self-motivated, self-driven, and able to work with minimal supervision.

§  Good negotiation skills and persuasiveness.

§  Confidence in presenting to large groups of people.

§  Trustworthiness and discretion when handling confidential information.

§  A smart appearance and professional manner.

§  Strong attention to detail, ability to multitask, and performance-oriented.

Proficient knowledge in IT.