Job Description
Role Objectives
- The Business Development Executive is responsible for researching and pursuing new business leads for the growth of the business.
- The role involves active coordination across teams and demands exceptional interpersonal skills.
Responsibilities
- Generating countless prospect lists and identifying potential customers
- Pitching of Insurance products and services to identified prospect
- Maintaining fruitful relationships with existing customers and prospects
- Researching organizations and individuals online to identify new leads and potential new markets.
- Contact potential clients via email and phone to establish rapport and set up meetings.
- Attending conferences, meetings, and industry events.
- Negotiating and renegotiating by phone calls, emails, and in person.
- Supply of regulatory information/data to the compliance team within timelines.
Key Performance Indicators
- Achievement of financial budget.
- Timeliness in the Preparation of Periodic business development activity report to BD Team Lead
- The number of customer relationships improved on and was established.
- Ideas generation and Implementation effectiveness
- % of renewal businesses.
- No. of operational errors committed.
Qualifications
- A good First Degree, while an advanced degree such as MBA will be an added advantage
- Minimum of 2 years cumulative experience in Sales.
- Membership of CIIN is within 2 years of hire.
Competence Requirements:
Core Skills:
- Must be conversant with NAICOM regulations
- Excellent Work Attitude
- High level of productivity using Microsoft Office applications
Generic Skills:
- Innovative (Disruptive and Creative in solving Problems)
- Integrity (Inspire trust and confidence in customers and co-workers)
- Respect (For self and others)
- Customer-Centric (Empathetic and Focused on Customer
- Ability to evaluate customers' needs, and determine what products or services would best serve those needs.
- Interpersonal skills.
- Excellent negotiation skills.
- Good Communications skills (written and oral)
- Strong Selling and marketing skills
- Self-driven / proactive.
- Excellent presentation skills.