Summary
Date Posted: Monday, January 22 2024, Base Salary: Not Disclosed

JOB DETAILS:
Job Purpose:
Responsible for overseeing and enhancing rela tionships with insurance brokers and driving business growth through effective collaboration with Brokers. You will work closely with the sales and marketing teams to ensure that the company's products and services are effectively communicated to brokers and that they, in turn, can offer tailored solutions to clients.

Key responsibilities:
Broker Relationship Management:
• Develop and maintain strong, long-term relationships with insurance brokers.
• Act as the main point of contact for brokers, addressing inquiries, providing support, and ensuring a high level of sfaction.

Business Development
• Identify and pursue new business opportunities with existing and potential brokers.
• Collaborate with brokers to develop strategic plans for business growth and market expansion. Drive business retention for existing business

Product Knowledge:
• Stay up to date with the company's products, services, and underwriting guidelines.
• Provide training and support to brokers on new products and updates.

Market Analysis:
• Conduct market research to understand industry trends, competitor offerings, and client needs.
• Use market insights to advise brokers on positioning the company's products effectively.

Contract Negotiation:
• Negotiate and finalize contracts with brokers, ensuring terms and conditions are mutually beneficial and agreed.
• Collaborate with legal and compliance teams to ensure contracts comply with regulations.

Performance Tracking
• Monitor and evaluate the performance of the broker channel against set targets and key performance indicators (KPIs).
• Implement strategies to address challenges and capitalize on opportunities.

Compliance and Risk Management.
• Ensure adherence to regulatory requirements and compliance standards.
• Work closely with the compliance team to address any issues promptly.

Reporting:
• Generate regular reports on broker performance, market trends, and business development activities
• Present findings to senior management and recommend strategic adjustments.
• Perform any other duties as assigned from time to time.

Working relationships Internal Relationships:
• Work with all departments

External Relationships: Brite customers
• Service providers.
• Regulator

Knowledge, experience, and qualifications required
• Knowledge of insurance regulatory requirements Knowledge of insurance products
• Sales and marketing management skills
• Bachelor's degree in business or related field.
• Minimum 8 years working experience in sales related field;
• Experience in marketing, corporate affairs industry will be an added advantage competency:
• Strong inter-personal skills and ability to work in a team-ori ented and collaborative environment;
• A high sales drive and a strong will to succeed; Confident, articulate and with strong communication skills,
• Results oriented with ability to work under strict deadlines and meet sales targets;
• Well groomed, presentable and strong interpersonal skills:
• Excellent written and verbal communication skills including note taking and summarizing skills and the ability to com- municate well at all levels in a clear, appropriate and timely
• manner.
• Strong team player with excellent leadership skills. Strong work ethic
• Ensure productivity and performance is achieved and exceed
• High performance and entrepreneur culture is achieved.


Work Hours: 8

Experience in Months: 96

Level of Education: Bachelor Degree

Job application procedure

Please visit www.britam.com/careers to apply Deadline: Friday, 2nd February 2024. Hard Copy Applica tions will not be accepted.


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