Vacancy title:
Business Development Officer
Jobs at:
Britam InsuranceDeadline of this Job:
Friday, March 22 2024
Summary
Date Posted: Wednesday, March 20 2024, Base Salary: Not Disclosed
JOB DETAILS:
Job Description
Business Development Officer – (24000013)
Job Purpose and Key responsibilities
Job purpose
The job holder will be responsible for growth of revenues and customer numbers for the branch to meet set annual premium targets for the branch. The role will report to the Branch Manager.
Key responsibilities
1. Secure new business directly or through intermediaries
2. Service existing business and follow up to ensure renewal
3. Maintain excellent customer service to intermediaries and direct clients
4. Undertake initial underwriting in accordance with set guidelines to ensure sound acceptance of risk.
5. Ensure payment of premiums before policy attaches.
6. Follow up to ensure intermediaries are paid commissions timely and accurately.
7. Recruit new agents, direct clients, new brokers and grow business from Bancassurance partners as per agreed KPI.
8. Train, coach and support new intermediaries to achieve sales targets.
9. Follow and adhere to underwriting guidelines and standards as communicated by Underwriting Manager from time to time
10. 10.Prepare daily sales reports to branch manager and other reports as may be requested by management
11. Guide and assist clients on claims processing
12. Ensure retention of business as per renewal KPI’s
13. Deliver on performance requirements as defined in the strategy map and personal scorecard.
Key Performance Measures
Achievement of production targets
• Customer satisfaction
• Customer retention
• Working Relationships
Internal Relationships:
• Accountable to the Branch Manager
• Required to liaise and work closely with Underwriting, Finance, Claims and other departments as may be necessary
External Relationships:
• Britam customers Intermediaries (Brokers, Agents & Banks)TIRA and other regulatory institutions
• Knowledge, experience and qualifications required
• Knowledge, experience and qualifications required
• Bachelors’ degree in insurance or business related field
• Professional qualification in Insurance (CII certificate or equivalent)
• At least two years’ experience in a similar position
• Knowledge of Insurance Industry and concepts
• Knowledge of Insurance regulatory requirements
• Knowledge of sales and marketing
Primary Location: Tanzania, United Republic of-Arusha-Arusha
Organization: Britam Insurance Tanzania Limited
Job Type: Permanent
Shift: Day Job
Contract Type: Full-time
Job Posting: 14-03-2024
Unposting Date: 22-03-2024
Number of Openings: 1
Work Hours: 8
Experience in Months: 24
Level of Education: Bachelor Degree
Job application procedure
Interested applicants Click here to apply
All Jobs
Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.