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Business Development Executive (Asian Markets)

Nairobi, Kenya
Company Details
Name:Britam
Industry: Banking
Description: Britam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the Eastern and Southern Africa region, with operations in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique and Malawi. The group offers a wide range of financial products and services in Insurance, Asset management, Banking and Property. Our Mission is to provide outstanding financial services to our customers. Our Vision is to be the most trusted financial service partner. We aim to provide our clients, with an unmatched offering, ensuring first class solutions that help secure the future.
Job Description

Purpose:    

  • The role holder will be responsible to manage and drive top-line profitable growth in Sales to direct clients, Brokers and Independent Financial Agents in Asian markets by identifying and developing new business opportunities and building and maintaining client relationships.

Key responsibilities

  • Secure new GI business through intermediaries. 
  • Retain existing GI business as per set objectives.
  • Maintain excellent customer service to intermediaries and clients. 
  • Service existing business and resolve customer complaints. 
  • Follow up on renewals for general insurance business.
  • Forward proposal forms to underwriting department.
  • Follow up premium collections for GI clients.
  • Prepare weekly and daily reports as required.
  • Undertake initial underwriting in accordance with set guidelines to ensure sound acceptance of risk. 
  • Respond to customer and client enquiries.
  • Follow up on commissions and claims issues emanating from intermediaries.
  • Recruitment of intermediaries as per set objectives.
  • Conversion of FA’s and IFA’S  in the market to ensure all are placing general insurance business.
  • Continuous execution of initiatives and strategies per market to ensure meeting of set objectives and reviewing them where need be. 
  • Training of intermediaries on general insurance products and submitting training schedules to supervisors. 
  • Use authorized incentive scheme to bring in new business through training intermediaries on the same and marketing it. 
  • Creating strategic partnerships with intermediaries for maximum business support. 
  • Sharing of market intelligence with supervisor.
  • Work closely with underwriter and branch manager and other lines of business to achieve set objectives
  • Delegated Authority: As per the approved delegated authority matrix 

Knowledge, experience and qualifications required:

  • Bachelors’ degree in a business-related field.
  • Professional qualification in Insurance (DIP ACII, DIP IIK, ACII, IIK).
  • 3-6 year’s relevant experience in the insurance industry.
  • Hands on experience in handling Asian Markets preferred.
Education: Degree, Diploma
Employment Type: Full Time

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