Kenyan Alliance Insurance Head of Business Development – Life & Pensions Jobs in Kenya

Kenyan Alliance Insurance Head of Business Development – Life & Pensions Jobs in Kenya

Head of Business Development – Life & Pensions
Ref: HR/5/2019
Job Purpose

Direct, administer, and coordinate Business Development activities of the Life and Pension Business in accordance with policies, goals, and objectives established by the Management and the Board.

Assist the management in the development of organization policies and goals that cover financial performance, and growth of the various business units under Life and Pension business.

Oversee product development activities, and product management relating to Life Business at Kenyan Alliance.

Central to this role is building positive and lasting relationships between Kenyan Alliance and its customers.

Overall Responsibility

  • Responsible for acquisition and retention of Pensions and Life business in accordance with set targets and criteria formulated by the Company.
  • Central to this role is building positive and lasting relationships between The Kenyan Alliance Insurance Company and its clients and business partners.

    Key Results Areas
  • Participate in the development and preparation of short-term and long-range plans and budgets based upon the strategic plans and objectives.
  • To manage life and pension business operations in line with the company’s Policies and guidelines.
  • Spearhead the development, communication and implementation of effective growth strategies and processes in line with the strategic objectives.
  • Continuously propose the basis and scope of new insurance contracts and pricing for life products for marker competitiveness.
  • Carry out market intelligence to ensure the company is in tandem with the industry trends and adopt product pricing mechanisms that ensure profitability.
  • Put in place control mechanisms that enable a measure of service satisfaction by agents, brokers, customers and the regulator.
  • Continuously review and propose business handling procedures by recommending possible measures to enhance the company’s competitive ability.
  • Promote a culture of high performance and continuous improvement that values learning and a commitment
    to quality.
  • Carry out Market Intelligence and Research on new business potential in traditional and non-traditional sectors and subsequently formulating plans for developing and launching relevant insurance products.
  • Overseeing tenders in the department.
  • Preparation of monthly production reports.
  • Supervising and appraising the business development team in the department.

    Education and Key Competencies Key Qualifications, Skills and Competencies Required
  • Bachelor’s degree in Business, economic, Commerce, Marketing, Insurance or equivalent from recognized university.
  • Professional certification in Insurance, sales, marketing or any other relevant field.
  • At least 5 years’ managerial experience developing and maintaining business growth with tangible results.
  • Ability to work at both the strategic and tactical levels.
  • Strong leadership skills and focused, charismatic, confident individual with high level of integrity.
  • Strong analytical skills and attention to details.
  • Ability to create trends and innovative products from a myriad of information.
  • Strong personality with ability to build strong teams and drive staff performance.
  • Good written/verbal communication skills.

    How to Apply
  • Interested candidates who meet the above qualification should send your application letter and CV only with at least three referees to stating the current and expected remuneration on or before 14th June 2019 quoting the reference Number on the subject line.
  • Only shortlisted candidates will be contacted.
  • For more information and job application details, see; Kenyan Alliance Insurance Head of Business Development – Life & Pensions Jobs in Kenya

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