Business Development Officer – Medical at CIC Insurance

PURPOSE:

The jobholder shall be responsible for generating revenue and sustaining intermediary relationships for Medical Business growth.

PRIMARY RESPONSIBILITIES:

• Implement the business development plan.
• Propagate and nurture excellent relations with insurance intermediaries and other distribution channels through constant contact in order to facilitate a steady inflow of business.
• Facilitate timely preparation of new business quotations as requested by intermediaries and direct clients, and closely follow up to convert them into business.
• Facilitate timely preparation and submission of tender bids.
• Ensure reliable technical support to intermediaries and sales force through effective business presentations and business meetings.
• Ensure continuous training of intermediaries on product knowledge.
• Update your sales pipeline tool with activities undertaken for close monitoring and follow through to meet your set targets through a weekly report.
• Grow your portfolio through targeted recruitment of intermediaries.
• Gather information on market intelligence and feed-back on market dynamics and customer needs to facilitate continues review and enhancement of products.
• 100% adherence to compliance on statutory and regulatory requirements through proper contracting and licensing requirements of the intermediaries and collection of premiums.

Academic and Professional Requirement

Education

• Bachelor’s degree in a business-related field. 
• Computer literate in MS Office and other office applications  
•  Additional qualification in insurance, sales and marketing will be an added advantage.

Experience Required:

• 3 years Business development or Sales operations