Old Mutual Kenya Job Openings

Job Description

• The incumbent will be responsible for all the specialty line of business activities, ensure achievement of set business targets, and promote growth .
• Ensure continuous product review and development of new products ion line with the company risk appetite
• Ensure profitable growth of specialty classes including but not limited to Trade Credit, large infrastructure projects, Power generation projects, Events Insurance, Kidnap &  ransom, Oil and gas.
• Design a product review plan  to ensure products remain relevant in the market
• Formulate and implement product development strategy , champion  and take leadership of General  insurance product development.
• Participate in negotiations and discussions on prospective business in growth of business in this area
• Prepare  quotations as per the company’s standards of service and authority level matrix and follow through to conclusion
• Ensure timely capturing and issuance of documentation for all business relating to these classes.
• Prepare various periodic reports on the area of operation
• Daily servicing of clients to nurture the relationship between the company and our customers
• Initiate and follow with Insurance Regulatory Authority (IRA) authority  and Reinsurance department to ensure placement of all business outside the existing treaty programs.

QUALIFICATIONS, SKILLS AND COMPETENCIES

Qualifications:

• 1st Degree
• At least 5 papers ACII or equivalent

Experience:

• 5 years

Skills and Competencies:

• Good product knowledge and technical skills
• Excellent communication and negotiation skills
• Excellent interpersonal relations skills
• Extensive networking with corporate organizations and general intermediaries
• Good analytical skills

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Job Description

To oversee all business development activities, achievement of set business targets, promote growth while ensuring amicable mutually beneficial business relationship with our clients/ intermediaries.

• Implement the business development plan
• Prepare quotations, and authorize within specified limits
• Follow up on quotations to close business and to get feedback
• Facilitate product presentations
• Prepare BD activity reports
• Assist in development and implementation of new products
• Daily servicing of clients to nurture the relationship between the company and our customers
• Ensure premium collections for business closed
• Solicit for quotation requests, facilitate the quotation process to increase the conversion rate
• Establish and cultivate relationships with intermediaries and clients.
• Use and update CRM and Pipeline tool on a daily basis with activities undertaken by self or as advised by the Sales manager
• Represent UAP in business development meetings with prospective clients.
• Attend to arising customer service issues in Health business
• Assist in selection and recruitment of agents
• Collect market intelligence
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Competences

• Presentation skills.
• strong analytical skills
• Working knowledge of Ms office.
• Strong verbal and written communication skills
• Passionate and results driven.
• Able to work with minimum supervision

Qualifications

• Bachelor’s degree.
• Progress towards ACII or equivalent
• Minimum of 1 year in Business Development preferably in the Insurance Industry