Vacancy title:
General Manager, Retail Business
Jobs at:
Jubilee InsuranceDeadline of this Job:
16 December 2022
Summary
Date Posted: Monday, December 05, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
Job Ref. No. JHIL052
Role Purpose
The role is a senior strategic leader role responsible for shaping market strategy and the overall management of sales activities for the Retail Business. Working with other leaders, this role will also contribute to product strategy, and the customer experience. The role holder will lead a team of experienced sales professionals and will create and execute innovative strategies to drive growth, competitive advantage, financial and operating performance.
Main Responsibilities
• Understand customer requirements, market trends and competitive forces to identify and develop a winning market proposition for Retail Solutions.
• Craft the Retail Solutions Value Proposition, product, and customer segments.
• Partner with the Heads of Department to create the product strategy, including pricing strategies, features, priorities, etc.
• Lead and manage the retail Solutions sales force, develop, and implement the sales strategy, assign sales territories and contribute to new product development.
• Lead, design, and own the Retail Solutions Sales Strategy, and its impact to revenue generation, earnings, and profitability.
• Work with the countrywide teams to develop business pipelines that translate to targeted revenue
• Drive business growth through shared strategic initiatives
• Regularly monitor sales reports on renewal and new business results and suggest process improvements to optimize sales activities
• Keep up to date with current and latest industry developments and competitor activities with a view of driving turn-around or other strategies.
• Coordinate all sales benefits as per performance parameters
• Ensure full compliance to all statutory and regulatory matters.
• Follow up and closure of all audit and compliance recommendations.
• Ensure proper contracting and licensing of all sales managers, agents and intermediaries as per Corporate and IRA requirements
• Ensure debt collection is timely and in line with the credit policy and capital-based supervision (cash and carry) regulation
Key Competencies
• Excellent salesmanship and team leadership.
• Sales acumen.
• Interpersonal Skills.
• Industry & Market Knowledge
Qualifications
• Master’s Degree in Business Administration or any other related field.
• ACII/CII/LOMA Qualifications
Relevant Experience
• Minimum of ten years relevant experience in Sales/Business Development within the insurance industry, 4 of which must be in Managerial level
Work Hours: 8
Experience in Months: 120
Level of Education: Associate Degree
Job application procedure
If you are qualified and seeking an exciting new challenge, please apply via Recruitment@jubileekenya.com quoting the job reference number and position by 16th December 2022. Only shortlisted candidates will be contacted
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