Retirement Benefits BDM
Overall Responsibility
To participate in the acquisition of
new business for Retirement Benefits
Business in accordance with targets set and criteria
formulated by the Company; handling of renewal of all existing accounts and
maintaining acceptable ratios of business retention for all group schemes;
preparation of business plans, and coordination of marketing and sales
promotion and development of life products to ensure the group business revenue
targets for the division are achieved; and presiding over the effective
management of the Business Development Team.
Responsibilities
·
New Business Acquisition as per
business set targets
·
Leads and coordinates marketing
efforts to ensure business targets are met.
·
Identifies and pursues new business
leads.
·
Coordinates new business quotation
processes, and follows up quotations with intermediaries and clients
·
Conducts appropriate market
intelligence to keep Senior Management informed of new developments in the
Retirement Benefits business lines
·
Ensures acceptable levels of business
retention (i.e. preservation of existing business) are maintained at all times;
and any existing business lost due to unavoidable circumstances is replaced by
other suitable accounts (over and above the new business acquisition target for
the year)
·
Closely monitors customer service
satisfaction to ensure renewals are not threatened; negotiates renewal terms of
all programmes well in advance, and sends formal renewal confirmations to the
Operations Department (Group Business) before the renewal dates.
·
Periodically reviews existing products
and proposes changes with a view to enhancing their quality
·
Maintains, and regularly updates
business progress reports.
·
Performs other duties as directed by
superiors from time to time.
·
Preparation of annual premium budget
and setting up strategies to achieve the same
·
Appointment of New Business sources
including brokers and agents
·
Establish and maintain a good
relationship with the brokers, agents and clients. Likewise maintain close
liaison with other departments in the organisation
·
Ensure all statutory and regulatory
requirements are met in a timely manner
Qualifications
·
Bachelor’s degree in Business
Administration or Marketing
·
MBA an added advantage
·
ACII or it’s equivalent.
·
5 years’ experience in Retirement
Benefits (Guaranteed or Segregated) Business Development in the insurance
industry
·
Well established network with Brokers
of Retirement Benefits business
·
In depth established network with
Retirement Benefits clients
·
In depth understanding of the
operations of a life insurance company
·
Good communication and presentation
skills at a senior level
·
Strategic planning and management
experience
How to Apply
If you meet the above minimum
requirements, send your c.v to careers@gakenya.com indicate the position applied for on the email
subject line so as to be received on or before 8th December,
2017. Only short-listed candidates will be contacted.
Group Life & Credit Life BDM
Overall Responsibility
To participate in the acquisition of
new business For Group Life and Credit
Life Business in accordance with targets set and criteria
formulated by the Company; handling of renewal of all existing accounts and
maintaining acceptable ratios of business retention for all group schemes;
preparation of business plans, and coordination of marketing and sales
promotion and development of life products to ensure the group business revenue
targets for the division are achieved; and presiding over the effective
management of the Business Development Team.
Responsibilities
·
New Business Acquisition as per
business set targets
·
Leads and coordinates marketing
efforts to ensure business targets are met.
·
Identifies and pursues new business
leads.
·
Coordinates new business quotation
processes, and follows up quotations with intermediaries and clients
·
Conducts appropriate market
intelligence to keep Senior Management informed of new developments in the
Group Life & Credit Life business lines
·
Ensures acceptable levels of business
retention (i.e. preservation of existing business) are maintained at all times;
and any existing business lost due to unavoidable circumstances is replaced by
other suitable accounts (over and above the new business acquisition target for
the year)
·
Closely monitors customer service
satisfaction to ensure renewals are not threatened; negotiates renewal terms of
all programmes well in advance, and sends formal renewal confirmations to the
Operations Department (Group Business) before the renewal dates.
·
Periodically reviews existing
products and proposes changes with a view to enhancing their quality
·
Maintains, and regularly updates
business progress reports.
·
Performs other duties as directed by
superiors from time to time.
·
Preparation of annual premium budget
and setting up strategies to achieve the same
·
Managing Credit control
·
Appointment of New Business sources
including brokers and agents
·
Establish and maintain a good
relationship with the brokers, agents and clients. Likewise maintain close
liaison with other departments in the organisation
·
Ensure all statutory and regulatory
requirements are met in a timely manner
Qualifications
·
Bachelor’s degree in Business
Administration or Marketing
·
MBA an added advantage
·
ACII or it’s equivalent.
·
5 years’ experience in Group Life and
Credit Life Business Development in the insurance industry
·
In depth understanding of the
operations of a life insurance company
·
Well established network with Brokers
of Group Life and Credit Life business
·
Good communication and presentation
skills at a senior level
·
Strategic planning and management
experience
How to Apply
If you meet the above minimum
requirements, send your c.v to careers@gakenya.com indicate the position applied for on the email
subject line so as to be received on or before 8th December,
2017. Only short-listed candidates will be contacted.
