Business Development Officer Broking job at UAP Old Mutual Group
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273 Days Ago
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Vacancy title:
Business Development Officer Broking

[ Type: FULL TIME , Industry: Insurance , Category: Management ]

Jobs at:

UAP Old Mutual Group

Deadline of this Job:
Thursday, February 29 2024 

Duty Station:
Within Tanzania , Dar es Salaam, Dodoma, East Africa

Summary
Date Posted: Thursday, February 22 2024, Base Salary: Not Disclosed

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Learn more about UAP Old Mutual Group
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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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Job Info
Job Category: Administrative jobs in Tanzania
Job Type: Full-time
Deadline of this Job: Thursday, February 29 2024
Duty Station: Dar es Salaam, Dodoma
Posted: 22-02-2024
No of Jobs: 4
Start Publishing: 22-02-2024
Stop Publishing (Put date of 2030): 22-02-2077
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