Job Summary
To facilitate the achievement of targeted business expansion in nonmedical sectors by implementing appropriate strategies and parameters.
Job Description
We are seeking a dynamic Business Development professional to drive growth through strategic partnerships and market expansion. The ideal candidate will possess a proven track record in identifying new business opportunities, negotiating deals, and fostering client relationships. Proficiency in market research, data analysis, and sales strategies is essential. A bachelor’s degree in business, marketing, or a related field is required, along with at least five years of relevant experience. Strong communication, negotiation, and project management skills are critical for success in this role.
We cultivate and oversee key broker partnerships to ensure the delivery of high-value, tailored results.
Processes and submits pipeline business management quotations to brokers while adhering to the specified turnaround times.
Diligently develop and manage Service Level Agreements (SLAs) in collaboration with brokers to ensure differentiated and high-quality service delivery.
Ensure compliance with Interdepartmental Service Level Standards while coordinating with the Underwriting team across all branches.
Champion cross-selling initiatives for corporate accounts and other designated assignments, ensuring alignment with strategic objectives and maximizing revenue opportunities.
Gather market intelligence through daily research activities, including reviewing articles, publications, online sources, and engaging in word-of-mouth discussions and networking, to ensure awareness of evolving market trends.
Evaluate market opportunities by analyzing competitor sales sources and staying informed about market dynamics, while also proactively shaping industry trends.
Oversee knowledge capital by gathering, organizing, storing, safeguarding, and disseminating market insights and findings.
The role involves managing financial operations, including budgeting, forecasting, and reporting ensuring fiscal accuracy and compliance. Responsibilities include analyzing financial data, preparing audits, and maintaining records to support strategic decision-making. The position requires proficiency in accounting software, attention to detail, and strong analytical skills to interpret financial trends and variances. A bachelor’s degree in finance, accounting, or a related field is required, along with relevant certifications or experience. The ideal candidate will collaborate with cross-functional teams to optimize financial performance and mitigate risks while adhering to regulatory standards.
Prepare and present comprehensive financial metrics encompassing gross written premiums (GWP), loss ratios, and cross-selling initiatives. Analyze and interpret these key performance indicators to assess business performance and identify strategic opportunities for revenue growth and operational efficiency. Ensure accuracy, timeliness, and clarity in reporting, while collaborating with stakeholders to drive actionable insights and support data-driven decision-making across the organization.
As a Debt Management Broker adhering to the established Debt Management Standard, your core responsibility involves facilitating effective debt restructuring solutions for clients while ensuring compliance with regulatory guidelines. Your role encompasses negotiating with creditors to secure favorable terms, assessing clients’ financial situations to determine viable repayment plans, and providing expert guidance on debt consolidation options. Additionally, you will maintain meticulous documentation of all transactions and agreements, ensuring transparency and accountability in every interaction. Strong interpersonal and communication skills are essential to build trust with clients and collaborate efficiently with financial institutions. Proficiency in financial analysis and a thorough understanding of debt management principles are critical to success in this position.
Oversee and regulate budgets allocated for travel arrangements, event coordination, and promotional merchandise.
Responsible for strategizing, directing, and distributing financial resources for event planning and promotional materials essential to brand management initiatives, ensuring alignment with the established annual calendar.
Operations and Compliance professionals are responsible for ensuring that organizational policies, regulatory standards, and operational procedures are consistently followed to mitigate risks, maintain operational efficiency, and uphold legal and ethical obligations. They develop, implement, and monitor compliance programs, conduct audits, and provide training to employees to foster a culture of adherence to internal and external requirements. Additionally, they assess potential risks, investigate discrepancies, and recommend corrective actions to enhance operational integrity and regulatory compliance across all departments.
Stay informed about the latest knowledge, legislation, and industry developments within the business unit and insurance sector to ensure alignment with evolving business advantage priorities.
Coordinate compliance with regulatory requirements for brokers, ensuring adherence to licensing and onboarding standards as outlined in the ABC Third Party Standards.
Prepares comprehensive management reports to support strategic decision-making and operational oversight. Gathers, analyzes, and interprets data to identify trends, performance metrics, and key insights. Ensures reports are accurate, timely, and aligned with organizational objectives. Collaborates with cross-functional teams to gather relevant information and validate findings. Presents findings in clear, concise formats, utilizing visual aids and executive summaries as needed. Maintains data integrity and confidentiality while adhering to reporting standards and regulatory requirements.
Prepare comprehensive production reports and other relevant statistical data for managerial review and analysis.
In the head of department’s absence, this role assumes responsibility for representing the department in all business reporting activities. The position involves acting as the primary point of contact for external and internal stakeholders on reporting matters, ensuring alignment with departmental objectives and policies. Additionally, the incumbent oversees the accurate and timely preparation and submission of business reports, maintaining high standards of professionalism and accountability throughout the process.
A bachelor’s degree in a relevant field and a minimum of three years of professional experience in a comparable role are required for this position.
A bachelor’s degree in a business-related discipline, such as Actuarial Science, Bachelor of Commerce in Insurance, or Business Administration, is required.
A minimum of 7 to 10 years of hands-on experience in sales management and business development within the insurance sector is required, with a strong preference for candidates possessing 5 to 6 years specifically in General Insurance and who have held a managerial position throughout this period.
Qualified candidates should hold an ACID, a Diploma in Insurance from the UK, an AII, or a Diploma in Insurance from Kenya, with evidence of strong advancement in either qualification.
Education
A Higher Diploma in Business, Commerce, or Management Studies is required.
Submit your application through the specified method outlined in the job posting to ensure proper consideration for the position.
To submit your application, please utilize the provided link(s) on the company’s official website.
Qualifications
BA/BSc/HND
Experience Required
7 - 10 years
