Job Summary
The Assistant Manager, Business Development is responsible for developing business and marketing plans together with other departments in order to achieve set revenue goals. The role holder is also responsible for attracting new business from intermediaries and retaining existing customers in order to attain profitable outcomes.
Roles And Responsibilities
- Pursuing new business acquisition plans through existing and new business channels and intermediaries.
- Preparing and negotiating quotations for new and existing customers.
- Developing and implementing a relationship with allocated brokers.
- Close monitoring, review, and negotiations for all accounts due for renewal.
- Pursuing tender business and preparing requirements as specified by the procuring entity.
- Responding to client queries regarding our product offering in a timely fashion.
- Conducting product training to direct clients by capturing detailed knowledge of current market conditions and competitors’ products.
- Providing risk details for the purpose of underwriting.
- Maintaining a regular and accurate updated database of all prospective and closed businesses and submitting a monthly report to managers.
- Generating and compiling management reports on a weekly, monthly, quarterly, and annual basis.
- Providing recommendations for business growth and problem resolution.
- Ensuring strict adherence to practices, procedures, and policy stipulated in the business development operational manual including the Code of Ethics
Requirements
- Bachelor’s Degree in Economics, Business, or related discipline from a reputable university.
- Pursuing professional qualification(s) in insurance e.g. ACII, FCII, or equivalent.
- At least 3 years experience in marketing general solutions to corporates and organized groups
- Must be a self-starter, highly organized, and able to work well with people at all levels in the organization
- Strategic thinking and problem-solving skills
- Analytical and creative thinking skills
- Project management skills
- Good customer relationship management skills (internal and external customers)
- Good communication skills, both written and verbal.
- Self-motivated but able to work as part of a team.
- Good organizational and time-management skills.
- Positive attitude, self-motivated, self-driven, and able to work with minimal supervision.
- Good negotiation skills and persuasiveness.
- Confidence in presenting to large groups of people.
- Trustworthiness and discretion when handling confidential information.
- A smart appearance and professional manner
