Summary
Date Posted: Monday, April 22 2024, Base Salary: Not Disclosed

JOB DETAILS:

Job Summary: As a Business Development Officer at Strathmore Insurance Brokers Limited, you will play a pivotal role in driving growth and expanding our client base. You will be responsible for identifying new business opportunities, cultivating relationships with prospects, and promoting our insurance products and services. This position requires a proactive approach to sales, strong communication skills, and a deep understanding of the insurance industry.

Responsibilities:

Identify and Pursue New Business Opportunities:
• Research and identify potential clients and market segments for insurance products and services.
Prospect for new business through networking, cold calling, and attending industry events.
Develop strategies to penetrate new markets and expand our client base.

Cultivate Client Relationships:
• Build and maintain strong relationships with clients, insurance brokers, and industry stakeholders.
Conduct meetings, presentations, and consultations to understand client needs and recommend appropriate insurance solutions.

Promote Insurance Products and Services:
• Educate clients on insurance products, coverage options, and policy features.
Present proposals, quotes, and recommendations to clients based on their specific needs and objectives.
Collaborate with underwriters and other internal teams to develop customized insurance solutions for clients.

Drive Sales and Revenue Growth:
• Meet or exceed sales targets and revenue goals set by management.
Develop and implement sales strategies and action plans to achieve business objectives.
Track sales metrics, pipeline activity, and performance indicators to measure progress and identify opportunities for improvement.

Collaborate with Internal Teams:
• Coordinate with underwriting, claims, and client services teams to ensure seamless delivery of insurance solutions.
Provide feedback and insights to internal stakeholders to improve product offerings, pricing strategies, and service delivery.

Stay Informed about Industry Trends:
• Keep abreast of industry trends, market developments, and competitor activities.
Attend conferences, seminars, and training sessions to enhance knowledge and skills related to insurance products and sales techniques.

Qualifications:
• Bachelor’s degree in Pensions and Insurance, Banking and Finance, business administration, marketing, finance, or a related field.
• Proven track record of success in business development or sales within the insurance industry.
• Strong understanding of insurance products, coverages, and underwriting principles.
• Excellent communication, negotiation, and interpersonal skills.
• Self-motivated with a results-oriented mindset and the ability to work independently.
• Strategic thinker with the ability to identify and capitalize on business opportunities.
• Proficiency in Microsoft Office Suite.
• Commitment to professionalism, integrity, and ethical conduct.

Work Hours: 8

Experience in Months: 12

Level of Education: Bachelor Degree

Job application procedure
All applications in writing should be accompanied by up-to-date Curriculum Vitae and supporting documents

(Note: do not send originals) with the names and addresses of three referees, one of which should be the last or current employer. The applications must be submitted in a sealed envelope indicating the position being applied for.

Applications should be addressed to:
The Chief Executive Officer
Strathmore Insurance Brokers Limited
Flat Number 2 Permanent Court
Church Road Ridgeway
Lusaka
Zambia

Applications should be submitted preferably by email to: info@strathmoreib.com 
For any information contact us on +260 211 256490

To apply for this job email your details to info@strathmoreib.com 

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