Assistant Manager Business Development - First Assurance Kenya
5105 absa general insurance kenya
📍 gitanga road absa general insurance colorado kenya🕐 1mo ago🔗 workday
Job Description
### **Empowering Africa’s tomorrow, together…one story at a time.**
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
[My Career Development Portal](https://absahr.service-now.com/careerdevelopmentportal): **Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.**
**Job Summary**
To support delivery of targeted business (non-medical) growth with the right parameters.
**Job Description**
**Business Development**
* Management of broker Relationships to deliver targeted premium outputs.
* Pipeline business management quotation processing and transmitting the same to brokers within TATSs
* Draw up and operate SLAs with brokers for differentiated service delivery.
* Adhere to Interdepartmental Service level Standards in liaison with Underwriting team across the branches.
* Champion cross selling for corporate business and other special assignments as allocated
* Collect market intelligence through research by reading articles, publications, internet, word of mouth and networking daily to keep abreast of market developments.
* Assess market opportunities with respect to competitor sales sources by remaining in touch with market forces and influencing.
* Manage knowledge capital by collecting, categorizing, storing, protecting, and distributing the results of market.
**Financial**
* Deliver financial parameters for GWP, loss ratios, cross selling
* Debt management broker as per the debt management standard
* Manage and control expenditure for travel, events, and promotional items.
* Plan, assign and allocate funds for events plans, or promotional items required for brand management through brand management activities as per the structured calendar
**Operations & Compliance**
* Actively keep up to date with all relevant knowledge, legislation and developments within the business unit and insurance industry that may have an impact on the Business Advantage
* Coordinate Compliance with Regulatory requirements for Brokers for licensing and on boarding requirements as per ABC Third party Standards.
**Management reporting**
* Prepare accurate production reports/ other statistics for management reporting
* Represent the department in the absence of the head of the department in various business reporting
**Education and Experience Required**
* Bachelor’s degree in a business-related field (Actuarial Science, B.Com Insurance, Business Administration)
* 7 – 10 years of sales management and business development experience in Insurance, at least 5 - 6 of which should be in General Insurance and holding a management role.
* ACII, Diploma in Insurance (UK) or AIIK, Diploma in Insurance (Kenya) or with good progress in either.
**Education**
Higher Diplomas: Business, Commerce and Management Studies (Required)