Education and Experience Required
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Bachelor’s degree in a business-related field (Actuarial Science, B.Com Insurance, Business Administration)
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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.
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ACII, Diploma in Insurance (UK) or AIIK, Diploma in Insurance (Kenya) or with good progress in either.
Business Development**
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Management of broker Relationships to deliver targeted premium outputs.
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Pipeline business management quotation processing and transmitting the same to brokers within TATSs
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Draw up and operate SLAs with brokers for differentiated service delivery.
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Adhere to Interdepartmental Service level Standards in liaison with Underwriting team across the branches.
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Champion cross selling for corporate business and other special assignments as allocated
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Collect market intelligence through research by reading articles, publications, internet, word of mouth and networking daily to keep abreast of market developments.
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Assess market opportunities with respect to competitor sales sources by remaining in touch with market forces and influencing.
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Manage knowledge capital by collecting, categorizing, storing, protecting, and distributing the results of market.
Financial****
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Deliver financial parameters for GWP, loss ratios, cross selling
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Debt management broker as per the debt management standard
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Manage and control expenditure for travel, events, and promotional items.
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Plan, assign and allocate funds for events plans, or promotional items required for brand management through brand management activities as per the structured calendar
Operations & Compliance ****
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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
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Coordinate Compliance with Regulatory requirements for Brokers for licensing and on boarding requirements as per ABC Third party Standards.
Management reporting**
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Prepare accurate production reports/ other statistics for management reporting
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Represent the department in the absence of the head of the department in various business reporting