Business Development Assistant At Kenya Orient Insurance Limited

PURPOSE OF THE POSITION:The position is responsible for:Acquisition of new business on deposit administration schemes, Individual pension plans, umbrella pension schemes, annuity business, group life business and group last expense in accordance with the set targets.Conserve all existing business by timely service delivery including proposing new methods for enhanced market development and penetration, soliciting & acquiring business from individuals, corporates and large clients, new product development and competitor analysis.KEY TASKS, DUTIES AND RESPONSIBILITIESProvide fund administration advice and services to the clients in line with the Retirement Benefits Authority Regulations.Meeting established business development and organic growth targets in sales, new business acquisition, renewals and premium income through coordinated marketing strategies.Grow the top line business through new distribution channels and client referral networks.Ensure that accurate and competitive quotations in respect of pensions, annuity, group life andgroup last expense products are prepared and delivered promptly to prospective clients, brokers and intermediaries.Identify market opportunities and make recommendations towards development of targeted value-product offerings for viable market segments.Generate a pipeline and acquire pension and group life businesses.Strengthen and develop new intermediary and partnerships.Ascertain new business requirements and documentations for contractual agreements and subsequent policy document issuance.Verification of all proposal forms submitted and ensure they are accurate and all information is provided.Train the sales force in liaison with the agency leaders on all products in an effort to ensure product knowledge remain well rated within the sales team.REQUIREMENTSBachelor's Degree in Business related course or equivalent from a recognized universityDiploma in Pensions/CII/AIK will be an added advantage.Over 2 years of relevant experience in insurance business or related marketing field.