Business Development Officer Broking at UAP Insurance/ Old Mutual Limited
Business Development Officer Broking at UAP Insurance/ Old Mutual Limited… See details on how to apply for the opportunities available at UAP Insurance/ Old Mutual Limited.
RESPONSIBILITIES:
- To recruit new brokers as per the set target
- Design and implement a robust engagement plan with brokers
- Develop robust training and development programs for all brokers that covers products, processes and procedures.
- Daily coordination and monitoring of the sales initiatives
- Prospect New business, submit terms and close to meet set targets
- Liase with Underwriting Manager to ensure the retention of business from brokers
- Conduct market intelligence to get information crucial for the development of the broker channel
- Premium collections as per the Cash & Carry law and the company’s credit policy
- Ensures acceptable levels of business retention (i.e. preservation of existing business) are always maintained; and any existing business lost due to unavoidable circumstances is replaced by other suitable accounts (over and above the new business acquisition target for the year)
- Ensure sales promotions as per the company’s strategies
- Closely monitors customer service satisfaction to ensure renewals are not threatened; negotiates renewal terms well in advance and sends formal renewal confirmations to clients before the renewal dates.
- Maintains, and regularly updates business progress reports.
- Frequent visits to intermediaries to make sure that the relationship is cemented and to do a regular reconciliation with Finance
Skills
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Accountable, Excellent organizational, planning and prioritizing skills, New Business Acquisition, New Businesses, Profitability, Standard Operating Procedures (SOPs), Taking Initiative, Training and Development
Education
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Bachelors Degree (B): Marketing (Required)
METHOD OF APPLICATION
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