Workatele

Business Development Officer, Retail – First Assurance at Absa Bank Kenya, Nairobi, Kenya

Absa Bank Kenya

Business Development Officer, Retail – First Assurance at Absa Bank Kenya, Nairobi, Kenya

Absa Bank Kenya

Full time Job

Date Posted: January 16, 2025

Application deadline:

Expired on: January 21, 2025 5:00pm

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Job description

To support delivery of targeted retail business (non-medical) growth with the right parameters.

Job Description

Business Development- Retail

  • Relationship Management of retail agents to deliver targeted premium outputs.
  • Pipeline business management, quotation processing and transmitting the same agents within TATs.
  • Debt Management as per the debt management standard.
  • Draw up and operationalize SLAs with agents for differentiated service delivery.
  • Adhere to inter-departmental service level standards in liaison with underwriting team across the branches.
  • Renewal follow-up to achieve the renewal retention ratios.
  • Champion cross selling for retail business
  • Coordinate head office agents’ activities.

Market Intelligence

  • Collect market intelligence through research by reading articles, publications, internet, word of mouth and networking daily to keep abreast of market developments.
  • Assess market opportunities with respect to competitor sales sources by remaining in touch with market forces and influencing.
  • Manage knowledge capital by collecting, categorizing, storing, protecting, and distributing the result of market.

Financial

  • Debt management as per the debt management standard
  • Manage and control expenditure for travel, events, and promotional items.
  • Plan assign and allocate funds for events plans, or promotional items requited for brand management through brand management activities as per the structured calendar.

Operations & Compliance

  • Actively keep up to date with relevant knowledge, legislation and developments within the business unit and insurance industry that may have an impact on the business advantage.
  • Coordinate compliance with regulatory requirements for brokers for licensing and on boarding requirements as per ABC third party standards.

Education and Experience Required:

  • Degree in Commerce, Insurance, Law, Business Administration
  • Progressing/Qualified ACII or IIK
  • At least 5 years in Iansurance Sales/or Underwriting

Application deadline:

Expired on: January 21, 2025

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