Business Development Manager
Job Description:
KEY DUTIES & RESPONSIBILITY |
1. NEW BUSINESS Ø Identifying and pursuing new business leads at the Branch Level Ø Monitor customer service relationships and ensure they meet our standards. Ø Effectively preparing the tender documents for the tenders the Company is participating in. Ø Assist in product development and enhancement initiatives. Ø Identifying, developing, and maintaining alternative distribution channels. Ø Maintaining a new critical corporate accounts pipeline for the allocated accounts. Ø Have strategies to close most of the quoted businesses. Ø Take responsibility for managing quotations from the allocated accounts and ensure prompt turnaround times. Ø Managing the process of declining quotes to ensure we do not damage intermediary relationships. 2. RETENTION/RENEWALS Ø Maintaining existing relationships to protect existing books of business. Ø Work closely with underwriters to achieve the budgeted retention ratios. Ø Liaise with underwriters to ensure renewal notices/listings are sent to clients. Ø Follow up on renewal of key accounts together with underwriters. Ø Provide feedback to the underwriting, claims, and finance department to maintain quality service and standards 3. INTERMEDIARY COMMUNICATION AND RELATIONSHIP Ø Coordinating and disseminating corporate marketing strategies to the identified distribution channels. Ø Undertake market visitations and visitation reports to be uploaded to the Sales Folder and reviewed weekly. Ø Assist in implementing a Quarterly Training Plan for key intermediaries and their staff. Ø Assist in managing and attending intermediary functions at the Branch levels 4. MARKETING ACTIVITIES Ø Assist in preparing Business Development strategies and conducting market research within and outside the Company. Ø Establish and build new relationships with existing and potential clients that meet the Company's underwriting criteria. Ø Assist in periodic review of business development policies and procedures to ensure their relevance to the business strategy and changing organizational needs. Ø Assist in undertaking and championing all the marketing activities of the Company at the Branch Ø Ensure compliance with the company brand guidelines. Ø Ensure excellent service to clients. 5. CREDIT CONTROL Ø Assist in collecting outstanding premiums for the allocated accounts. Ø Track debt position weekly and ensure no premiums go beyond the set timeline. Ø Liaise with Finance Department to provide monthly statements and discuss the receivables position with the allocated intermediaries. 6. SERVICE ISSUES MANAGEMENT Ø Review service status and monitor achievement of service standards for your allocated intermediaries and clients. Ø Liaise with all heads of departments to improve service turnaround times and enhance service where required. 7. AUDIT & COMPLIANCE Ø Ensure adherence to regulatory, audit, and compliance requirements. 8. SELF-DEVELOPMENT Ø Keep well updated on the necessary work guidelines. Ø Undertake necessary training to build up technical, among other skills. |
Company Profile
Leading Insurance company in ---
Category:
Insurance Company
Mobile:
Region:
Dar es salaam
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