• Application Deadline:
• Position: Insurance Broker


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 years


• Location Lagos


• City Victoria Island


• Job Field Insurance 
  

JOB SUMMARY

• Our client, an Insurance Brokerage Firm is looking to hire for the role of Business Development Executive.


• The BDE will assist with the development and execution of appropriate marketing and business development strategies to support the achievement of sustainable profitability and market growth.


• He/ She will provide relevant marketing and client insights that will ease and facilitate the successful creation and execution of clients market expansion objectives.

JOB RESPONSIBILITIES

• Build long-term relationships, sustenance, and deepen business relationships with both new and existing clients.


• Arrange business development meetings with prospective clients.


• Market Insurance products and services to High Net-worth Individuals, Retails, and Corporate Organizations.


• Prospect and execute bidding opportunities in the Oil & Gas and Public Sector.


• Work with the Technical Department on the renewal of existing clients and claims handling.


• Conduct research to identify new markets and customer needs.


• Collaborate with the team in the execution of social media and digital Marketing Strategies.


• Maintain business profitability and ensure compliance with all regulatory directives and NAICOM guidelines.


• Prepare weekly, monthly, quarterly, and annual reports on the department’s marketing and business development activities for the Managing Director and provide monthly reports to the Business Development Manager.


• Conduct research on potential clients’ insurance needs and communicate appropriate proposals.


• Work with the technical department to send quotations to various insurance companies as directed by the management for competitive outcomes.


• Provide feedback and after-sales support to the clients.


• Liaise with the relevant Business-Unit to prepare client sales and business development plan, budget, and targets, ensuring alignment with the company’s budget priorities and corporate strategy.


• Assist the Business Development Manager in setting the objectives by which the department implements its approved strategic plans, budget, and targets.


• Develop a growth strategy focused both on financial gain and customer satisfaction.


• Keep records of sales, revenue, invoices, etc.


• Promote the company’s products/services addressing or predicting clients’ objectives.


• Meet and exceed sales goals.


• Understand Clients’ needs and offer solutions and support; answer potential client’s questions and follow-up call questions, and respond to client requests for proposals.


• Collaborate with management on sales goals, planning, and forecasting.

JOB REQUIREMENTS

• Minimum of 2.2 Bachelors


• Experience-5 years’ experience minimum specifically as an Insurance Broker

SKILLS & COMPETENCIES

• Marketing project management and delivery 


• Leadership


• Industry/market knowledge 


• Communication (written, verbal, & presentation)


• Business and market intelligence 


• Negotiation and Persuasion


• Client and stakeholder engagement 


• Problem solving


• Development of creative promotional materials


• People development and management


• Creativity 


• Networking


• Insurance product knowledge and Marketing Skills 


• Proficiency in the use of Micro Soft word, Excel and power point. 


• Social media & digital Marketing skills