Business Development Associate at Reeds Africa Consult

Reeds Africa consult (RAC) offers a broad scale of Human resource services designed to provide professional supports for the growing needs of today’s corporate organizations. Our services includes the entire employee life cycle in an organization from the point of recruitment, training and development, policy development, compliance audits, provision ...

 

Business Development Associate

  • Job TypeFull Time
  • QualificationBA/BSc/HND , Diploma
  • Experience4 years
  • LocationNairobi
  • Job FieldSales / Marketing / Retail / Business Development 

We are seeking a dynamic and results-driven Business Development Associate on behalf of our client in the insurance industry. The successful candidate will play a pivotal role in managing intermediary accounts, identifying new business opportunities, supporting tender processes, and ensuring compliance with regulations.

Job Description

Key Responsibilities:

Managing Intermediary Accounts:

  • Oversee agents and brokers’ accounts, ensuring all aspects are managed effectively, from tenders to claims follow-up and business renewals.
  • Coordinate and provide support for placement follow-ups and new business follow-ups.

Tender Management:

  • Identify new business opportunities, including tender adverts.
  • Assist in the preparation and submission of tender documents, ensuring deadlines are met.
  • Attend tender openings within Nairobi or as directed.
  • Analyze tender results, including premiums, and communicate with the Business Development (BD) team.
  • Maintain records of both successful and unsuccessful tenders, including a register of tenders and non-tender business prospects.

Support in Business Development Operations:

  • Ensure that all tender documents are completed, bound, and submitted in accordance with set timelines.
  • Vet and activate new intermediary accounts while ensuring compliance with regulations.
  • Maintain and update intermediary binder agreements.

Financial and Operational Efficiency:

  • Assist in processing incentive schedules and ensure the timely payment of incentives to brokers.
  • Control business development expenses while adhering to internal controls and risk management procedures.

Collaboration and Customer Service:

  • Work closely with the BD team to meet business objectives.
  • Ensure prompt responses to internal and external queries.
  • Guide customers to ensure all business requirements are met.

Reporting:

  • Prepare detailed reports on activities and achievements for the Business Development Manager to inform decision-making.

Job Requirements

Requirements:

  • Education: Bachelor’s degree in a business-related field or equivalent from a recognized institution. Progress on a Diploma in IIK/CII is an added advantage.
  • Experience: Prior 4 years of experience in business development, preferably within the insurance industry, is desirable.

Method of Application

Interested and qualified? Go to Reeds Africa Consult on xorahr.com to apply

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