We are seeking a dynamic and results-driven Assistant Business Development Manager to join our team. The role holder will play a pivotal role in driving business growth from innovative insurance solutions and achieving revenue targets, building strong customer relationships, overseeing agency operations, while fostering high-performance in the team.
Reporting to: Chief Operating Officer
Key Duties and Responsibilities:
Sales & Business Development:
- Generate and pursue leads to grow the client base and achieve revenue targets.
- Promote and sell a range of insurance products to corporate entities, individuals, government agencies, and through tendering processes.
- Identify and secure new business opportunities to expand the agency’s market share.
- Build and maintain strong relationships with clients, partners, and stakeholders.
Operational Management:
- Liaise with various insurance companies to ensure that timely booking of business is done, claims are paid on time and commissions are paid as agreed by signing of SLAs.
- Oversee claims processing to ensure timely and accurate resolution.
- Manage policy servicing and renewal processes to enhance customer satisfaction.
- Ensure efficient data and systems management to support agency operations.
- Monitor operational performance and implement improvements as needed.
- Preparation of weekly and monthly reports for management consumption.
Team Leadership:
- Lead, motivate, and mentor the team to achieve individual and collective goals.
- Conduct regular training sessions to enhance team skills and product knowledge.
- Foster a positive and collaborative work environment.
Strategic Transformation:
- Develop and implement strategies to ensure the agency thrives in a competitive market.
- Drive innovation in service delivery and customer engagement.
- Identify industry trends and leverage them to the agency’s advantage.
Industry Knowledge and Compliance:
- Stay updated on industry trends, products, regulatory requirements, and financial matters, particularly within the Kenyan insurance market.
- Ensure compliance with all relevant regulations and guidelines as per the Insurance Regulatory Authority (IRA) of Kenya.
- Provide insights and recommendations to align agency operations with industry standards and local market needs.
Qualifications:
- Bachelor’s degree in Business, Marketing, Insurance, or a related field.
- At least 5 years of experience in business development, sales, and or operations within the insurance industry.
- Strong knowledge of the industry, insurance products and regulatory requirements within Kenya.
- Strong leadership and team management skills.
- Excellent interpersonal and communication skills.
- Analytical and problem-solving abilities with a strategic mindset.
- Proficiency in using CRM tools, data management systems, and other relevant software.
Key Competencies:
- Customer focus and relationship management.
- Results-driven with a strong business acumen.
- Ability to multitask and prioritize effectively.
- Innovative and adaptable to change.
- High level of integrity and professionalism.
Education: Degree, Diploma
Employment Type: Full Time