12 Nov 2024

Business Development Officer, Kisumu – FAK at Absa Bank Limited

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Job Description

Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.

Business Development Officer, Kisumu – FAK

Job Summary

To support delivery of targeted retail business (non-medical) growth with the right parameters.

Job Description

Business Development- Branch

  • Manage relations for all General and Medical business channels at the branch to deliver targeted premium outputs.
  • Spearhead and implement market expansion strategies at the branch.
  • Pipeline business management, quotation processing and transmitting the same within TATs.
  • Draw up and operationalize SLAs with intermediaries for differentiated service delivery.
  • Monitor and adhere to inter-departmental service level standards to ensure smooth running of the branch
  • Renewal follow-up to achieve the renewal retention ratios.
  • Champion cross selling for branch business
  • Coordinate intermediaries’ activities at the branch level

Market Intelligence

  • Collect market intelligence through research by reading articles, publications, internet, word of mouth and networking daily to keep abreast of market developments.
  • Assess market opportunities with respect to competitor sales sources by remaining in touch with market forces and influencing.
  • Manage knowledge capital by collecting, categorizing, storing, protecting, and distributing the result of market.

Financial

  • Debt management as per the debt management standard
  • Manage and control expenditure for travel, events, and promotional items.
  • Plan, assign and allocate funds for events plans, or promotional items requited for brand management through brand management activities as per the structured calendar.

Operations & Compliance

  • Actively keep up to date with relevant knowledge, legislation and developments within the business unit and insurance industry that may have an impact on the business advantage.
  • Coordinate compliance with regulatory requirements for brokers for licensing and on boarding requirements as per ABC third party standards.

Education and Experience Required:

  • Degree in Commerce, Insurance, Law, Business Administration
  • Qualified ACII or IIK
  • At least 8 years in Insurance Sales/or Underwriting

Education

Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)



Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 12 December. 2024





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