Assistant Manager Business Development - FAK - Gitanga Road at Absa Bank Limited

Job Summary

• To support delivery of targeted business (non-medical) growth with the right parameters.

Job Description

Business Development

• Management of Tier 1 & 11 broker relationships to deliver targeted premium outputs.
• Pipeline business management, quotation processing and transmitting the same brokers within TATs.
• Debt Management as per the debt management standard.
• Draw up and operationalize SLAs with brokers for differentiated service delivery
• Adhere to inter-departmental service level standards in liaison with underwriting team across the branches.
• Renewal follow-up to achieve the renewal retention ratios
• Champion cross selling for corporate business
• Coordinate brokers activities across branches

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

• Higher Diplomas: Business, Commerce and Management Studies (Required)