Vacancy title:
Business Development Officer Broking
Jobs at:
UAP Old Mutual GroupDeadline of this Job:
Thursday, February 29 2024
Summary
Date Posted: Thursday, February 22 2024, Base Salary: Not Disclosed
JOB DETAILS:
Job Description
This role is individually accountable for broking unit and increasing the volume of profitable business from broking through provision of tailor-made services that exceed their expectations in a manner that ensures achievement of set business targets
• 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
• Accountability, Excellent organizational, planning and prioritizing skills, New Business Acquisition, New Businesses, Profitability, Standard Operating Procedure (SOP), Taking Initiative, Training and Development
Education
• Bachelor’s Degree (B): Marketing (Required)
Closing Date
• 29 February 2024
The Old Mutual Story!
Work Hours: 8
Experience in Months: 24
Level of Education: Bachelor Degree
Job application procedure
Interested applicants?Click here to apply
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