Business Development Officer (Medical Department) - FAK at Absa Bank Limited

Job Summary

• Growing Medical business volumes against set targets both on retention and new business.

Job Description

• Growing Medical business volumes against set targets both on retention and new business.
•  Growing intermediary portfolio, introducing new intermediaries, and directing clients and maintaining relations with existing clients and brokers.
• Maintaining and providing business reports that capture new business, premium amounts and overall performance growth against target.
• Preparation of quotations for SME, Corporate and Individual clients.
•  Coordinating staff presentations, health talks and medical camps.
•  Working with the medical team and continuously developing/ structuring products that will ensure product competitiveness against evolving market trends.
•  Striving to keep loss ratios at acceptable levels and suggesting measures that will allow the company to run medical schemes profitably.
• Ensuring broker/ client complaints are addressed and resolved on an ongoing basis.
• Holding regular meetings with intermediaries/ clients to establish concerns which he/she then resolves with various teams in the department.
•  Coordinating exhibition projects where medical is required to exhibit its products

Experience and Qualifications

• Bachelor’s degree in Actuarial science, Commerce, Marketing or Business Administration
• Completed or Pursuing college of Insurance Diploma /CII
• 4 years’ experience in similar role

Education

• Further Education and Training Certificate (FETC): Office Administration (Required)