Business Development Officer at APA Life Assurance Company Ltd

KEY PRIMARY RESPONSIBILITIES

• Sourcing and procuring of business in line with the set targets/budgets;
• Addressing client/customer inquiries and feedback within the timelines stipulated in the service charter and/or SLAs signed with respective clients;
• Reviewing the performance of risks through loss ratio reports for both new and existing business;
• Supporting in premium collection;
• Preparing weekly and monthly reports giving details of individual performance on business acquired/lost and feedback on market practices from customers;
• Initiating and strengthening broker-related business relationships with existing and prospective clients to achieve performance targets;
• Should be well-versed and knowledgeable about the local Insurance market
• Should be well grounded in Life Insurance Products i.e. Group & Credit Life; Pensions and Annuity lines of business
• Should have excellent interpersonal skills and the proven ability to work with intermediaries, especially brokers; with the aim of establishing and sustaining long-term mutually beneficial business relationships

ACADEMIC QUALIFICATIONS

• Bachelor’s degree in a relevant field

JOB SKILLS AND REQUIREMENTS

• Computer literate 
• Decision-making skills 
• Planning and organization skills
• Good Communication and interpersonal skills
• Good analytical skills and keen on details

PROFESSIONAL QUALIFICATIONS

• Progress in ACII/AIIK

EXPERIENCE

• At least 2 years of relevant experience preferably with the coastal insurance market