Business Development Executive, Pension
Job Description
Job Summary
The role holder will be responsible for driving pension & any other corporate products assigned from time to time through administrators, brokers, independent agents as well as direct clients, through relationship building and timely support.
Key Duties & Responsibilities
- Pursue and close new business in Individual Pension Plans, Umbrella Pension Plans, Income Draw Down business and Group Life Insurance through Direct sales channels, Retirement Fund Administrators, Brokers, Independent Agents and Affinity partners and ensure consistent growth.
- Cross sell into the existing Liberty Life Group Life and Pension clients and Heritage Medical and General Insurance clients to achieve the set sales targets.
- To generate new business sales from Institutions such as Liberty and Heritage Suppliers and data generated through other client forums.
- To carry out training of Liberty Life products to clients through Annual General Meetings with pension clients, SME forums, Thought Leadership forums and Affinity Partners
- To sign up commercial agreements with Affinity Partners such as Manufacturing firms, Farm Cooperative Movements, Unions, and professional Associations to distribute our products.
- To provide regular detailed and timely reports to Management on new business
Educational Qualifications, Experience, & Skills Required
- Bachelor’s degree in Marketing, Insurance, Economics, Actuarial Science or other business related discipline
- Progress towards Diploma in Insurance (ACII or AIIK), (at least 3 papers or equivalent)
- Minimum 3 years in Pension Business
- Experience in business development and marketing of insurance and retirement products
- Sales and Marketing skills
- In depth understanding of insurance operations and concepts
- Knowledge of insurance regulatory requirements
- Stakeholder management
- Insurance product knowledge
- Knowledge of Affinity channels operational processes and procedures
