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Job Title:  Business Development Officer (Fresher Jobs)

Organisation: Britam Asset Managers Company (Uganda)

Duty Station:  Kampala, Uganda

About the Company:

Britam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the East African region and offers a wide range of financial products and services in Insurance, Asset Management, Banking and Property. The product range includes life, health and general insurance, pensions, unit trusts, investment planning, wealth management, off-shore investments, retirement planning, discretionary portfolio management, property development and private equity.

Job Summary:   The job holder will be responsible for; new business sales, customer retention and premium collections in the distribution channels and target markets assigned to them.

Key Duties and Responsibilities:

• Drive and implement strategic initiatives assigned the supervisor.
• Adhere to the processes and procedures set out by the company across all departments.
• Ensure intermediaries of assigned channel(s) are regularly and adequately trained on Britam’s Life Insurance products and processes.
• Have adequate on-ground activities to support intermediaries build a robust list of prospects.
• Develop, grow, and maintain a sales pipeline and prepare a weekly report on the same submitted to the supervisor.
• Support assigned intermediaries with prospect/client presentations, preparation of tender documents and/or closing of business/accounts.
• Communicate and aggressively market approved sales competitions/incentives to assigned intermediaries.
• Acquire new business through assigned distribution channel and intermediaries.
• Provide support and service to assigned intermediaries to ensure that the following are carried out;
  • Quotations, Pricing, Underwriting & Onboarding are completed within the set TATs.
  • Schemes/Accounts are renewed on time.
  • Premium is collected on or before the due date.
  • Policyholders/Customers receive excellent after sales service.
  • Receiving and responding to enquires and complaints.
• Hold and document regular service review meetings with the intermediaries assigned to you and submit the reports to your supervisor.
• Ensure effective handovers to the various Operations Teams is done effectively and in a timely manner.
• Grow the productivity (or the number) of assigned intermediaries selling Life Insurance products.
• Grow the number of schemes/accounts (or customers) for the Life Insurance Business.
• Prepare monthly reports on personal performance to the supervisor.
• Delegated Authority: As per the approved Delegated Authority Matrix
• Set monthly, quarterly, and annual targets aligned with company goals.
• Build and maintain strong relationships with clients, banks, brokers, Financial Advisors and other stakeholders to ensure high levels of customer satisfaction and retention.
• Address customer concerns and complaints in a professional and timely manner to maintain and enhance the company’s reputation.
• Ensure compliance with company policies, regulatory requirements, and industry standards.
• Prepare and submit quarterly board performance reports.
• Keep abreast of industry regulations, sales techniques, and market developments to make informed decisions.

Qualifications, Skills and Experience:

• Bachelors’ degree (Preferably in a business-related field).
• Professional qualification in Insurance (ACII, IIK) or equivalent.
• 2-4 years’ relevant experience in the insurance industry.

How to Apply:

All candidates should apply online at the link below.

Click Here

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