Career Opportunity: Business Developer
Cannon
General Insurance (K) Ltd is seeking to fill the below listed position with a
dynamic, forward-thinking achiever with expertise in Underwriting and Business
Development.
If
the position described below fits your skills and ambitions, we will be excited
to hear from you.
Business
Developer
Purpose
of the Role
Reporting
to the Head of Business Development, the Business Developer will:
· Accelerate
growth of the underwritten premiums by acquiring and introducing to the Company
new partners while maintaining and growing already established partnerships in
fulfillment of the overall growth strategy of the company.
· Manage
relationships and act as the point of contact for the allocated relationships.
· Evaluate
and analyze Insurance risk against set criteria to determine acceptance terms,
compliance
processing and administration.
Primary Duties & Responsibilities
· Undertake
sales activities and business sourcing to ensure achievement of monthly
business targets both in revenue and portfolio mix.
· Follow
through on renewal of existing business to achieve the agreed retention rate.
· Actively
identify and pursue prospective new business avenues/ relationships with
suitable partners.
· Collaborate
with technical staff to ensure proper underwriting parameters are followed in
risk assessment and risk acceptance.
· Strict
adherence to cash and carry guidelines and undertake premium collection for all
authorized
credit extended to clients.
· Prepare
and dispatch underwriting and policy documents within the set TATS and
communicate to
intermediaries on confirmation of policy documentation receipt, endorsements
and others.
· Ensure
adherence to all sales, underwriting and compliance guidelines for all business
engagements.
· Actively
establish and pursue superior client relationship management practices to
ensure efficient
service.
· Engage
with clients and seek to resolve all their queries in a timely and accurate
manner.
· Any
other duty as may be assigned by the management from time to time.
Qualifications
and Experience
· Bachelor’s
degree in insurance or related field.
· IIK/CII
qualifications.
· At least
3 years’ experience in a similar role.
· Computer
Literacy.
Required
Skills and Competencies
· Good
understand of general business insurance principles and practices in Kenya.
· Good
communication and customer service skills
· Keen
attention to details with a high level of accuracy.
· Self-driven,
flexible, and agile with strong work ethic
How to
Apply
Interested
candidates who meet the above criteria are requested to forward their cover
letter and curriculum vitae via email only to jobs@cannon.co.ke by 30th March
2023.
Only
shortlisted candidates will be contacted.
Cannon
General Insurance (K) Ltd is an equal opportunity employer, therefore
canvassing will automatically be disqualified.