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Business Development Executive

My Jobs In Kenya Nairobi

Summary

Our client, a leading company in the insurance industry is looking for a Business Development Executive.

OVERALL RESPONSIBILITY

To act as an intermediary between clients and insurance companies. Clients may be either individuals or commercial businesses and organizations; to find and arrange suitable insurance policies and arrange cover; to act in the interest of the clients and offer products from the wide range of insurers to ensure that clients get the best deal; to work towards achieving the company’s performance targets.

Description

KEY TASKS, DUTIES AND RESPONSIBILITIES

Customer service

  • Gathering information from clients, assessing their insurance needs and risk profile;
  • Handling and managing clients, assessing their insurance requirements and preparing insurance quotations for the same, taking into account underwriting requirements
  • Identifying and foreseeing clients' insurance needs,
  • Researching insurance companies' policies and negotiating with underwriters to find the most suitable insurance policy/ cover for clients at the best price;
  • Advising clients on risk management and helping to devise new ways to mitigate risks;
  • Collecting insurance premiums;
  • Ensuring that all the company’s customers are satisfied and delighted through efficient and effective service delivery

 Marketing

  • Building and maintaining ongoing relationships with clients including scheduling and attending meetings and understanding the nature of clients' businesses;
  • Marketing and acquiring new clients;
  • Sourcing and identifying new business opportunities either individual-based or commercial based;
  • Participating in tenders, RFQs, EOI.
  • Ensuring we reach targets, Renewal retention, customer satisfaction.

Other duties

  • Keeping up with changes in the insurance market and in the clients' industries;
  • Developing relationships with underwriters, surveyors, risk managers, valuers and other related professionals;
  • Ensuring policy owner service standards are met in the primary focus areas being, market identification, acquisition, retention and growth
  • Other duties that may be assigned from time to time.

Education

 

  1. Degree holder or Diploma in a relevant field
  2. Diploma AIIK / CII in Professional Insurance papers (completed or ongoing)
  3. Driving License (preferable)

More Details on Experience

  • Age – up to 40 years
  • Experience– Minimum 5 years in Insurance Brokerage (Sales / Marketing, Underwriting and/or Claims position)
  • Experience in BD in a brokerage firm will be an added advantage

Terms And Conditions

All the candidates who meet the minimum requirements can send their CVs to [email protected] by 19th May 2022.