Business Development Officer job at Britam
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15 Days Ago
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Vacancy title:
Business Development Officer

[ Type: FULL TIME , Industry: Insurance , Category: Admin & Office ]

Jobs at:

Britam

Deadline of this Job:
Friday, December 20 2024 

Duty Station:
Within Uganda , Kampala, East Africa

Summary
Date Posted: Wednesday, December 11 2024, Base Salary: Not Disclosed

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JOB DETAILS:
The job holder will be responsible for; new business sales, customer retention and premium collections in the distribution channels and target markets assigned to them.

Key responsibilities:
• Drive and implement strategic initiatives assigned the supervisor.
• Adhere to the processes and procedures set out by the company across all departments.
• Ensure intermediaries of assigned channel(s) are regularly and adequately trained on Britam’s Life Insurance products and processes.
• Have adequate on-ground activities to support intermediaries build a robust list of prospects.
• Develop, grow, and maintain a sales pipeline and prepare a weekly report on the same submitted to the supervisor.
• Support assigned intermediaries with prospect/client presentations, preparation of tender documents and/or closing of business/accounts.
• Communicate and aggressively market approved sales competitions/incentives to assigned intermediaries.
• Acquire new business through assigned distribution channel and intermediaries.
• Provide support and service to assigned intermediaries to ensure that the following are carried out;
• Quotations, Pricing, Underwriting & Onboarding are completed within the set TATs.
• Schemes/Accounts are renewed on time.
• Premium is collected on or before the due date.
• Policyholders/Customers receive excellent after sales service.
• Receiving and responding to enquires and complaints.
• Hold and document regular service review meetings with the intermediaries assigned to you and submit the reports to your supervisor.
• Ensure effective handovers to the various Operations Teams is done effectively and in a timely manner.
• Grow the productivity (or the number) of assigned intermediaries selling Life Insurance products.
• Grow the number of schemes/accounts (or customers) for the Life Insurance Business.
• Prepare monthly reports on personal performance to the supervisor.
• Delegated Authority: As per the approved Delegated Authority Matrix
• Set monthly, quarterly, and annual targets aligned with company goals.
• Build and maintain strong relationships with clients, banks, brokers, Financial Advisors and other stakeholders to ensure high levels of customer satisfaction and retention.
• Address customer concerns and complaints in a professional and timely manner to maintain and enhance the company’s reputation.
• Ensure compliance with company policies, regulatory requirements, and industry standards.
• Prepare and submit quarterly board performance reports.
• Keep abreast of industry regulations, sales techniques, and market developments to make informed decisions.

Knowledge, experience and qualifications required:
• Bachelors’ degree (Preferably in a business-related field).
• Professional qualification in Insurance (ACII, IIK) or equivalent.
• 2-4 years’ relevant experience in the insurance industry.

Work Hours: 8


Experience in Months: 24

Level of Education:
Bachelor Degree

Job application procedure

Click Here to apply


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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Management jobs in Uganda
Job Type: Full-time
Deadline of this Job: Friday, December 20 2024
Duty Station: Kampala
Posted: 11-12-2024
No of Jobs: 1
Start Publishing: 11-12-2024
Stop Publishing (Put date of 2030): 11-12-2070
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