Insurance Broker
JOB SUMMARY
- Our client, an Insurance Brokerage Firm is looking to hire for the role of Business Development Executive.
- The BDE will assist with the development and execution of appropriate marketing and business development strategies to support the achievement of sustainable profitability and market growth.
- He/ She will provide relevant marketing and client insights that will ease and facilitate the successful creation and execution of clients market expansion objectives.
JOB RESPONSIBILITIES
- Build long-term relationships, sustenance, and deepen business relationships with both new and existing clients.
- Arrange business development meetings with prospective clients.
- Market Insurance products and services to High Net-worth Individuals, Retails, and Corporate Organizations.
- Prospect and execute bidding opportunities in the Oil & Gas and Public Sector.
- Work with the Technical Department on the renewal of existing clients and claims handling.
- Conduct research to identify new markets and customer needs.
- Collaborate with the team in the execution of social media and digital Marketing Strategies.
- Maintain business profitability and ensure compliance with all regulatory directives and NAICOM guidelines.
- Prepare weekly, monthly, quarterly, and annual reports on the department’s marketing and business development activities for the Managing Director and provide monthly reports to the Business Development Manager.
- Conduct research on potential clients’ insurance needs and communicate appropriate proposals.
- Work with the technical department to send quotations to various insurance companies as directed by the management for competitive outcomes.
- Provide feedback and after-sales support to the clients.
- Liaise with the relevant Business-Unit to prepare client sales and business development plan, budget, and targets, ensuring alignment with the company’s budget priorities and corporate strategy.
- Assist the Business Development Manager in setting the objectives by which the department implements its approved strategic plans, budget, and targets.
- Develop a growth strategy focused both on financial gain and customer satisfaction.
- Keep records of sales, revenue, invoices, etc.
- Promote the company’s products/services addressing or predicting clients’ objectives.
- Meet and exceed sales goals.
- Understand Clients’ needs and offer solutions and support; answer potential client’s questions and follow-up call questions, and respond to client requests for proposals.
- Collaborate with management on sales goals, planning, and forecasting.
JOB REQUIREMENTS
- Minimum of 2.2 Bachelors
- Experience-5 years’ experience minimum specifically as an Insurance Broker
SKILLS & COMPETENCIES
- Marketing project management and delivery
- Leadership
- Industry/market knowledge
- Communication (written, verbal, & presentation)
- Business and market intelligence
- Negotiation and Persuasion
- Client and stakeholder engagement
- Problem solving
- Development of creative promotional materials
- People development and management
- Creativity
- Networking
- Insurance product knowledge and Marketing Skills
- Proficiency in the use of Micro Soft word, Excel and power point.
- Social media & digital Marketing skills
Method of Application
Interested and qualified? Go to Jemi Neil Consulting on www.linkedin.com to apply
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