Our Client, an established financial institution operating in Lusaka, Copperbelt and other provinces seeks qualified and highly motivated individuals to immediately fill the following vacant positions:
1.0 Business Development Manager (Broking Manager) – Lusaka & Kitwe (02)
Summary: The individual will be responsible for identifying, pursuing and closing new business opportunities in Lusaka (for Lusaka position) and on the Copperbelt and North-western province (for Kitwe position) nurturing existing client relationships, and driving revenue growth. You will work closely with the sales and product teams to develop and execute strategies to expand our market presence.
Responsibilities:
Develop and execute business development plans that grow the firm’s insurance brokerage business
Lead and coordinate contract negotiations which includes but not restricted to policy terms and cost for a successful sealing of the partnership and/or sale
Conduct thorough needs analysis and assessment for potential clients to understand their insurance requirements and provide tailored solutions
Establish and nurture relationships with key stakeholders including insurance carriers, industry associations and referral partners to expand our network and generate referrals
Track and report on business development activities, pipeline progress, and key performance indicators to senior management.
Collaborate with cross-functional teams, including sales, marketing, and product development, to align business development efforts with overall company objectives
Monitor industry developments and stay updated on market dynamics to identify and qualify new business opportunities
Qualifications and Experience
Possess an undergraduate degree, a professional qualification or equivalent in insurance, business administration or related field.
Strong understanding of insurance market dynamics, industry trends and regulatory requirements
Five(5) years of experience in the insurance industry, preferable in Lusaka, Copperbelt and North-western provinces or selling insurance to companies
Proficient in using insurance management systems, and other relevant software
Demonstrate ability to communicate, present and influence key stakeholders at all levels of an organizorgan
Intense, strong, disciplined, self-motivated to execute well in a fast-paced environment
Demonstrated excellence in the field of business development
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