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Insurance Business Development Officer

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Company Details
Industry: Banking
Description: In the 2008, the holding company changed its investment strategy and financial lending to its members on short term periods at agreed interest rates. Members’ shares were to be used as financial guarantee and security for the lending. This marked the beginning of a formal financial lending institution - Springboard Capital Limited. The company has ventured beyond lending to its members only and is now into Micro Credit business to non members as well through Springboard Capital with the principal objective of getting into a fully fledged deposit taking Micro finance status in the next one year. Vision: To offer the best lending programme, that respond to the need of small and medium enterprises companies in Kenya. Mission: To offer a lending hand to those entrepreneurs that demonstrate potential of growth in their line of business, by advancing loans to add value to their investments, at the same time creating value for the shareholder’s funds. Core Values Teamwork: We believe in working together as a unified
Job Description

KEY DUTIES AND RESPONSIBILITIES

  • Coordinate with the Finance and Admin Manager in preparation of budgets for the unit and ensure compliance to the approved budget.
  • Ensure timely renewal of existing policies of the Insurance Agency.
  • Develop a sales pipeline for insurance products and services.
  • Provide a progress report on the unit’s performance for decision making purposes.
  • Ensure effective customer service to insurance clients.
  • Ensure maintenance of customer information in both computerized and physical format.
  • Ensuring timely payment of insurance premiums and commissions.
  • Ensure company policies have been effectively communicated to clients.
  • Advise clients on insurance related issues.
  • Undertake marketing to generate clientele of insurance services.
  • Ensure timely feedback to customers on insurance related issues including valuation.
  • Ensure the company collaterals are insured to manage the risk.
  • Continuous professional development to keep up with current industry trends.
  • Ensure timely premium reconciliation with the underwriters.
  • Any other duties as may be assigned.

QUALIFICATIONS & EXPERIENCE

  • Bachelor’s Degree in Commerce (Insurance) or a business related degree.
  • Diploma in Insurance or any insurance certification will be an added advantage.
  • At least 3 years relevant working experience in the field of insurance.
Salary: Not specified
Otherpay: Benefits
Education: Diploma
Employment Type: Full Time
Contact Information
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