Business Development Officer_Broking at UAP Insurance February 2024

UAP Old Mutual Group

Jobs in Tanzania 2024: New Jobs Vacancies at UAP Old Mutual Group 2024

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UAP Insurance Tanzania Jobs 2024

UAP Insurance Tanzania is a member of the UAP Old Mutual Group in East Africa, which is a subsidiary of Old Mutual Limited (OML). UAP Insurance has been in operations in Tanzania since 2013 following the acquisition of the majority stake in Century Insurance Company.
We are proud of our contribution in the growth of the Insurance Industry and our commitment is to enable our customers achieve their financial goals through the provision of innovative insurance solutions.

UAP Insurance Tanzania contributes to the communities that we operate in through CSR activities in education, health and social welfare and participates in industry initiatives aimed at improving financial literacy and inclusiveness in the country.
The Company operates a large footprint in the country with offices in all major cities and now wishes to recruit a high caliber individual to fill the following position below...

Business Development Officer_Broking
Business Development Officer_Broking at UAP Insurance Tanzania February 2024
locations Dar Es Salaam
time type Full time
job requisition id JR-36771
Lets Write Africa's Story Together!
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
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Job Description
Job Description
This role is individually accountable for broking unit and increasing the volume of profitable business from broking through provision of tailor-made services that exceed their expectations in a manner that ensures achievement of set business targets

• To recruit new brokers as per the set target
• Design and implement a robust engagement plan with brokers
• Develop robust training and development programs for all brokers that covers products, processes and procedures.
• Daily coordination and monitoring of the sales initiatives
• Prospect New business, submit terms and close to meet set targets
• Liase with Underwriting Manager to ensure the retention of business from brokers
• Conduct market intelligence to get information crucial for the development of the broker channel
• Premium collections as per the Cash & Carry law and the company’s credit policy
• Ensures acceptable levels of business retention (i.e. preservation of existing business) are always maintained; and any existing business lost due to unavoidable circumstances is replaced by other suitable accounts (over and above the new business acquisition target for the year)
• Ensure sales promotions as per the company’s strategies
• Closely monitors customer service satisfaction to ensure renewals are not threatened; negotiates renewal terms well in advance and sends formal renewal confirmations to clients before the renewal dates.
• Maintains, and regularly updates business progress reports.
• Frequent visits to intermediaries to make sure that the relationship is cemented and to do a regular reconciliation with Finance

Skills

• Accountability, Excellent organizational, planning and prioritizing skills, New Business Acquisition, New Businesses, Profitability, Standard Operating Procedure (SOP), Taking Initiative, Training and Development

Education

• Bachelors Degree (B): Marketing (Required)

Closing Date 29 February 2024

CLICK HERE TO APPLY!