Business Development Officer – Corporate Officer at Old Mutual
Job Description
Job Summary
Delivery of the budget for both Grow Corporate Life Business Sales through brokers, independent agents, tied agents and direct sales.
Key Duties & Responsibilities
- Delivery of Budget – Ensure the set budget for Group Life, Group Credit Life, Group Last Expense and Group Critical Illness is realized for year.
- Market Intelligence – Obtain market information in respect of corporate business and ensure the information is used for product improvement so that our product offering remain relevant and continue to meet customer expectations
- Proposals of follow up:Ensure proposals are delivered within the agreed timelinesFollow up competitiveness of proposals sent out
- Driving business and ensuring sustained growth, focusing on achieving/ surpassing sales targets
- Expanding business reach and proactively creating new sales leads/ opportunities
- Constantly interacting with prospects and maintaining cordial business relationship with key clients
- Expanding channel business by sourcing new partners as well as maintaining efficient business relationships with existing partners to enhance growth of business operations
- Handling high value sales, addressing minor details and identifying areas of improvements in customer service
- Undertaking business case assessment to enhance channel sale relations, as well as assessing and evaluating new products
- Managing an efficient sales cycle (sales pipeline) and value based service cycle through use of CRM to drive the following business goals: -Identify Target customerMeeting to determine needsClient acquisitionAccount Service Plan – client/intermediary visits, policy documentation, credit control, claims management, SLA’s etc
- Ensure that proper management of accurate, quality and timely business reports
- Monitor competitor activity and advise the business on opportunities/threats that are presented by such activities
Educational Qualifications, Experience, & Skills Required
- Bachelor degree Marketing, Commerce or Business Administration
- Sales experience
- Employee Benefits training and experience will be an added advantage
- Technical Knowledge,
- At least 3 years’ experience
- Decision Making
- Initiating Action
- Business Development, Key Accounts Management, Contractual Evaluation & Negotiation
- Setting Strategies/ Sales Target, Clientele Development, Sales Management
- Coordination, Competitor Analysis
- Product Management, Customer Care
- Vendor Management
- Communication & Interpersonal, Leadership, Analytical Thinking Skills
