Vacancy title:
Business Development Executive - Brokers
Jobs at:
PACIS InsuranceDeadline of this Job:
09 January 2023
Summary
Date Posted: Friday, January 06, 2023 , Base Salary: Not Disclosed
JOB DETAILS:
Purpose Of The Job:
• The jobholder is responsible for growth of the Brokers insurance book by bringing in new business and sustaining existing business in line with the company’s strategic plans.
Principal Accountabilities:
• Grow the Brokers insurance book by bringing in new business as per the set targets.
• Active recruitment of new brokers and maintaining the brokers already with the company.
• Collect market intelligence in regard to insurance products and relaying the same to the relevant parties.
• Create a working relationship with the key contacts in the Brokers space and grow business to meet the set targets through establishing and initiating more schemes with new Brokers.
• Organize for training of insurance products for the staff of the Brokers.
• Suggest new/emerging products/marketing channels for products/service distribution.
• To obtain all the details of the client for a new client by assisting in completing the proposal form whist educating the client on the type of cover required.
• Obtain the correct and full details of the risk for quotation purposes and apply suitable rates.
• Submit quotation for approval/signing to Supervisor/Asst. Manager or Manager and delivered on time
• Ensure all necessary documentation (Proposal/endorsements) required by Brokers are availed on time.
• Ensure renewal notices for various schemes are given on time and followed
• Any other duty assigned from time to time by the Line Manager.
Knowledge And Experience:
Qualifications:
Experience:
• 3 years’ experience
Knowledge:
Minimum Academic Qualifications
• Bachelor’s degree in Commerce/Business
Professional Qualifications
• Diploma in Marketing in Insurance or progress towards the same.
• Knowledge of a broad range of insurance products.
Skills And Competencies:
• Analytical thinking
• Ability to collate data, information and make informative observations
• Strategic perspective
• Flexibility
• Customer service orientation
• Team player
• Creative Thinking.
• Inter-personal skills.
• Basic Financial literacy-IFRS 9 and 17 Basic Understanding.
• Visionary and strategic.
• Excellent negotiation & persuasion skills.
• Tenacious and resilient.
• Good networking and interpersonal skills.
• Excellent oral and written communication skills.
• Results oriented.
• Knowledgeable about the market.
• Good appreciation of general insurance products and landscape.
Work Hours: 8
Experience in Months: 36
Level of Education: Bachelor Degree
Job application procedure
• Applications with a detailed CV, indicating your telephone contacts with names and addresses of three referees should be emailed to careers@paciskenya.com not later than 9th January 2023.
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