Job Summary
To support delivery of targeted retail business (non-medical) growth with the right parameters.
Job Description
Business Development- Branch
Manage relations for all General and Medical business channels at the branch to deliver targeted premium outputs.
Spearhead and implement market expansion strategies at the branch.
Pipeline business management, quotation processing and transmitting the same within TATs.
Draw up and operationalize SLAs with intermediaries for differentiated service delivery.
Monitor and adhere to inter-departmental service level standards to ensure smooth running of the branch
Renewal follow-up to achieve the renewal retention ratios.
Champion cross selling for branch business
Coordinate intermediaries' activities at the branch level
Market Intelligence
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 result of market.
Financial
Debt management 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 requited for brand management through brand management activities as per the structured calendar.
Operations & Compliance
Actively keep up to date with 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.
Education and Experience Required:
Degree in Commerce, Insurance, Law, Business Administration
Qualified ACII or IIK
At least 8 years in Insurance Sales/or Underwriting
Education
Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)