Our client, an insurance brokerage firm in Kenya seeks to recruit a reliable, aggressive and goal oriented Business Development Manager who shall be in charge of their Mombasa office.
Roles;
Sales Cycle
- Identify potential prospective clients
- Collect and collate pertinent information about the prospective clients
- Approach prospective clients through cold calls and referrals
- Make first presentation on capabilities
- Know and understand Clients’ needs
- Review clients exposures to identify gaps
- Approach at least 50% of the underwriter market for negotiations
- Propose a solution to the client that meets their needs based on underwriter responses
- Propose alternative solutions to the client outside of the traditional underwriter market
- Telephone and email follow up to secure sale
- Involvement of seniors and peers to review and provide support
- Negotiate for the best price and benefits with the service providers/partners
- Negotiate suitable remuneration terms for the company (Commission, Fees etc)
- Sell additional value propositions
- Negotiate suitable payment terms
- Prepare Risk Note and get sign off from underwriter and client
- Collect membership database from the client if applicable (signed off)
- Ensure agreement on the list of service providers(garages, valuers etc) and procedures to access cover or make a claim
- Follow up for payment from the client
- Ensure account manager is fully apprised of the scheme particulars
- Prepare and attend the first member education with the account manager
- Review and approve policy document and dispatch the same to client (save copy in file)
- Notify the client of the renewal 3 months before expiry
- Achieve organic growth with all renewals (indicate amount)
Product Knowledge
- Know and understand product details of the available products in the market
- Demonstrate understanding of the limitations and extensions offered by the various underwriters on matters of concern eg terrorism
Tenders
- Intelligence / Groundwork before purchase of tender
- Accuracy of technical proposal
- Accuracy of Financial Proposal
- Proposal had best price
- Timely delivery
- Copy of tender document submitted scanned and saved in file
- RFP document saved in file
- Tender Follow up
Cross Marketing
- You must be able to originate business from and for other divisions
Product Development
- Develop new products and services to complement existing products
Consulting
- Constantly advise the team and clients on any new products
- Constantly advise the team and clients on any new developments in the insurance industry that affects the cover (eg Rule on Double Cabins)
Timelines
- Ensure all proposals are sent to the client within 5 days of request
- Dispatch of Documentation – within 14 days of cover inception
- Invoice dispatch – within 14 days of inception
- Policy document – within the 1st Month of cover
- Response to general queries – 1 day
Soft Skills
- Must have proper grooming
- Ensure Professional Email etiquette
- Telephone etiquette
- Presentation Skills
Other
- You must actively pursues personal development – professional courses, additional skills
- Any other task, requirement or role assigned by your supervisor in the day to day execution of your job
Budget
- Attainment of budget as set by your supervisor
Qualifications
- Bachelors in any business related field
- 3-4 years in similar capacity in the insurance industry
- Result oriented
- Leadership skills
Email your application letter and CV to jobs@jantakenya.com clearly indicating ‘Business Development Manager- Mombasa’ on the subject line by 31st October, 2015.
Do not attach any certificates.
Only shortlisted candidates shall be contacted.
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