Business Development Manager (Enterprise Banking) - Stanbic Insurance Agency Limited (SIAL) at Standard Bank Group

Job Purpose

• Achievement of the sales targets, income and profit budgets
• To ensure ongoing and successful sales of Insurance products in Enterprise Direct.
• Manage and develop sales strategies and identify opportunities. Implement strategies for profitable results.

Preferred Qualification And Experience

• Relevant degree from a recognized university
• Professional insurance qualification ( AIIK or the equivalent)

Experience

• Previous Insurance sales
• Experience of managing and/or working within a team that delivers
• Proven sales track record in the financial services industry

Knowledge/Technical Skills/Expertise

• Understanding of macro-economic, business, social, political trends and the transformation of this knowledge into operational strategy
• Create, edit and print files from Word, Excel to capture and analyse Insurance/financial data & Power Point.
• In depth understanding of range of products in market, competitor advantages and disadvantages and own product competitive position
• A good current knowledge and understanding of different industry sectors and sector risk profiles/ trends.
• Results orientated/Customer service focused and people orientated
• Computer literacy, negotiation, listening skill, presentation skills, sales skills, communication skills, marketing skills and coaching skills
• Problem-solving Skills
  • Analyses and monitors sales trends and volumes and proposes changes to training, processes, systems and procedures. Ensures compliance to standards. Intervenes when problems and issues arise.
  • Negotiates or resolves conflict and differences, agrees upon courses of action, bargains for advantage, to satisfy various needs: Realises seriousness, shows diplomacy and transparency, and involves key parties.
• Planning
  
  • Plans sales activities to meet and exceed targets on a daily weekly and monthly basis.
  • Formulates action plans - sets goals, standards and priorities on a daily weekly and monthly basis.
  • Ensures effective implementation of change initiatives (new process, systems and work methods) and deals with staff resistance and negativity to ensure successful follow through.
• Decision making
  
  • Monitors and responds to changes in the environment to ensure that customer's needs are met.
  • Decisions must be made within policies, but the jobholder can propose changes to the process.
  • Able to take the initiative within limits of authority.
• Networking/ Influencing skills
  
  • Excellent networking abilities – uses networks and relationships to achieve business goals
  • Ability to influence thinking of others – to introduce and drive new ideas and initiatives
• Relationship Building Skills
  • Ability to build and sustain credibility within working relationships
  • Handling of conflict situations calmly, tactfully and patiently
  • Ability to understand and acknowledge other perspectives
  • Receptive to constructive criticism, feedback and ideas from business partners, colleagues and subordinates
• Client Service and Relationship Building
  
  • Engenders and personally models a client orientated ethic, which is characterised by long term, solution driven relationships
  • Ensures portfolio and client account plans are implemented