Business Development Officer, Corporate New Business at Jubilee Insurance

Role Purpose:

• We are seeking a dynamic and results-driven Business Development Officer. Corporate. New Business to drive sustainable business growth through the acquisition of new corporate clients and expansion of existing portfolios in the medical insurance segment. The Business Development Officer will identify opportunities, develop tailored insurance solutions, and build lasting relationships with clients, brokers, and intermediaries to achieve sales targets and enhance the company's market presence.

Key Responsibilities:

• Identify and target new corporate clients in key market segments through prospecting, networking, referrals, and lead generation activities.
• Conduct needs assessments and design tailored medical insurance solutions that align with client requirements and organizational capabilities.
• Prepare compelling proposals, quotations, and tender submissions in collaboration with the underwriting, actuarial, and Marketing teams.
• Drive conversion of qualified leads to closed deals, ensuring that monthly, quarterly, and annual new business premium (GWP) targets are met.
• Coordinate and deliver client presentations, pitches, and product demonstrations to key decision-makers and procurement committees.
• Negotiate terms and finalize contracts in liaison with internal stakeholders and the Legal & Compliance functions.

Key Competencies

• Achievement of new business premium (GWP) targets.
• Conversion ratio of proposals to closed deals.

Academic & Professional Qualifications

• A Bachelor's degree in a Business-related course Insurance Professional qualification
• Proficient in the use of Microsoft Office Suite and packages

Relevant Experience

• Minimum of 4 years' experience in a similar role, with a proven track record of successfully securing new medical insurance or corporate group business, and demonstrated expertise in responding to RFPs, negotiating contracts, and effectively managing diverse stakeholder relationships
• you are a strategic, target-driven business development professional with skills and a passion for winning high-value corporate accounts, we want to hear from you.
• Growth in the number of new corporate clients acquired.
• Quality and timeliness of proposal submissions and tenders.
• Accuracy of reporting and sales documentation.
• Feedback from internal stakeholders and handover quality to the retention team.