Posted:1 hour ago
By:Hiring Kenya
Company Details
Industry:
Insurance
Description:
Liberty Life Assurance Kenya is a life insurance provider that has been providing relevant products to Kenyans for over 50 years. Our purpose at Liberty is to make a difference in people’s lives by making financial freedom possible. We change realities and make freedom possible by providing innovative and relevant solutions that help our customers protect their greatest assets. Our diverse and flexible products include life insurance, investment solutions, education and retirement savings plans. We pride ourselves in putting the customers’ needs first. With a proud heritage of over half a century, Liberty Kenya has been a pioneer in knowledge sharing and making a significant contribution to the financial services industry. We continue to strive to change realities in Kenya because Liberty is not just our name; it’s what we do!
Job Description
The role holder will be responsible for developing, maintaining and enhancing business relationship with all intermediaries (brokers, independent agencies and tied liberty/heritage agency force) and direct, with a focus to drive new business and retain existing accounts for group life and pension business in order to achieve group business targets.
Key Responsibilities
- To build sustainable relationships with all the intermediaries and direct clients in order to drive new accounts and retain business.
- Develop sales budget, marketing strategies and implement long-term customer centric sales plans for Group Life and Pension to ensure high business acquisition and retention.
- Monitor and prepare reports on periodical bases on new business closed, renewals and prospects progress for all the intermediaries.
- Build and strengthen relationships among the Group Life and Pension staff in order to facilitate and fast track effective and efficient servicing of new and existing clients in line with the Service Level agreements.
- Understand clients’ needs and drive cross selling initiatives among the Group Life and Pension clients to drive relevant product mix.
- To continuously conduct competitor analysis of the market and develop adaptive strategies to ensure responsiveness and gain the competitive edge.
- To conduct continuous product training for all intermediaries in order to ensure product knowledge and professionalism is upheld and clients are advised appropriately to avoid misrepresentation.
- To ensure continuous compliance for all intermediaries in response to the changes in the regulatory environment, including annual IRA renewals.
- To drive the intermediaries motivation agenda through the approved incentive programme to ensure continued support and enhanced relationship.
- Build up detailed knowledge about the company’s products and keep abreast of market conditions and developments.
Qualifications
- Bachelor’s degree in Insurance, Marketing or other business-related discipline
- Diploma in Insurance (ACII or AIIK)
- Member of CII or IIK
Experience
- 10 years’ experience in the insurance industry, 3 of which should be in a supervisory role
- Strong knowledge of insurance sales, agency management, and business development.
Salary: Discuss During Interview
Education: Diploma
Employment Type: Full Time
Contact Information
