Job Description
The Kenyan Alliance Insurance is a leading Insurance and Financial Services Company offering a wide range of financial products and services in insurance. The product range includes life and general insurance, pensions, investment planning, wealth management, retirement planning and medical insurance.
As part of our growth strategy, the Company seeks to recruit a dynamic, passionate, innovative and result orientated professional to the below position;
Location. Narok, Nyahururu
Main Purpose of the Job- (Job Summary)
The role holder is responsible for prospecting and acquiring new business for General Businesss, Healthcare and Life in line with set company targets and standards; handling of renewal of all existing accounts and maintaining acceptable business retention ratios for all group schemes; and development of General Business ,Healthcare and Life products to ensure the group business revenue targets are achieved.
Main Responsibilities
Sourcing for new business by identifying and exploiting new business opportunities to achieve business
growth through creation of long-term sustainable client and broker relations.
· Preparing quotations and proposals, negotiating terms and closing sales
· Follow-up of quoted business and ensure increased conversion rate
· Cross marketing across other business lines and exploring opportunities for up-selling
· Exploring opportunities to develop new markets/ segments in line with company sales strategy from time to time.
· Preparing relevant periodic production reports
· Building long term relationship with intermediaries by ensuring all their queries are addressed promptly
and relevant technical guidance is provided
· Setting up meetings, preparing and delivering presentations to potential clients.
· Developing and maintaining good working relationships with intermediaries and existing customers
· Periodically reviews existing products and propose changes with a view to enhancing their quality
· Carrying out market intelligence to ensure the company is in tandem with the industry trends and adopt
product pricing mechanisms that ensure profitability.
Knowledge & Experience
The candidate must demonstrate and possess the following skills and qualifications:
· An undergraduate degree in a business or Business Administration/Management Commerce With
specialization in Marketing/ social science related field or
· A diploma in Business Management/Marketing with 2 years of qualifying relevant experience
· Have ACII or IIK qualification or demonstrate significant progress towards attainment of the same.
· At least 2 years’ experience in marketing of General Business products to corporates and organized
groups.
· Self-motivated but able to work as part of a team.
· Good organizational and time-management skills.
· Positive attitude, self-motivated, self-driven and able to work with minimal supervision.
· Good negotiation skills and persuasiveness.
· Confidence presenting to large groups of people.
· Trustworthiness and discretion when handling confidential information.
· Good communications skills, both written and verbal.
· Business Acumen
· Customer/Client Focus
How to Apply
If you are interested in the position and have the required qualifications, please email a detailed CV indicating the current and expected salary and cover letter clearly indicating ‘BUSINESS DEVELOPMENT OFFICER – NAROK/NYAHURURU’ on the subject line to [email protected] by 4th June 2024. Only shortlisted candidates will be contacted.
