Our client in the Insurance Industry is looking to hire a Business Development Manager for the vacant position in their institute.
Duties and Responsibilities
- Marketing support at Agricultural Shows and Hospitality events
- Build relationships with specific Agri and Hospitality brokers
- Identify specific target areas (e.g., Citrus)
- Provide specific covers for different commodities
- Explore partnerships with Co-ops
- Product for Emerging Farmers
- Target small towns where there is little or no exposure to Hospitality products
- Grow relationships with local Tourism associations and offices
- DBM to obtain a minimum of 20 Hospitality quotations and 5 new businesses per month, with a minimum conversion ratio of 25%; this is assessed separately from current Hospitality>
- GWP Target R20M
- Allocation of the key brokers (Commercial/growth supporting brokers)
- Prepare and present quotes
- Prepare new business closings and cancellations with key brokers for onward transmission for processing
- Engage with key brokers and build relationships
- Review policy ratios and guideline within mandates
- Propose multi-claimant terms and negotiate with brokers
- Sourcing new brokers and presentation of products
- Regional penetration
- Competitor analysis
- Renewal preparation
- Multi-claimant actions
- Survey actions
- Peer review
- Performance measuring system / QC
- Regional engagement
Requirements
- Analysis skills
- Attention to detail
- Commitment to excellence
- Effective delegation & leadership
- Developing organisational talent
- Oral and written communication
- Planning and organising
- Teamwork
- Flexible in duties performed
- Ability to work under pressure
- Positive attitude
- Fluent in Afrikaans and Xhosa
- Graduate calibre with 5+ years in the short‑term insurance industry and strong sales experience with a presence in the broker community
- Has specific skills necessary to grow both agri and hospitality business in the region
- FAIS compliant
Knowledge
- Sound understanding and knowledge of the South African insurance market and sales experience
- Sound knowledge of statutory and legislative requirements
- Maintain up‑to‑date knowledge of local markets and industry sectors
Send your CV and latest pay slip to raca@aaaa.co.za