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16 hours agoBe an early applicant
Absa·16 hours ago
16 hours agoBe an early applicant

Branch Manager: Mombasa - First Assurance Kenya

Gitanga Road (Absa General Insurance Co)Mid · 5-10 years

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About this role

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.

Job Summary

To support delivery of targeted Medical and non-medical business retention and growth as per the set KPIs.

Job Description

Business Development- Branch

  • Manage relations for all General and Medical business channels at the branch to deliver targeted premium outputs.
  • Spearhead and implement market expansion strategies at the branch.
  • Pipeline business management, quotation processing and transmitting the same within TATs.
  • Draw up and operationalize SLAs with intermediaries for differentiated service delivery.
  • Monitor and adhere to inter-departmental service level standards to ensure smooth running of the branch
  • Renewal follow-up to achieve the targeted renewal retention ratios.
  • Champion cross selling for branch business
  • Coordinate intermediaries’ activities at the branch level

Market Intelligence

  • Collect market intelligence through research by reading articles, publications, internet, word of mouth and networking daily to keep abreast of market developments.
  • Assess market opportunities with respect to competitor sales sources by remaining in touch with market forces and influencing.
  • Manage knowledge capital by collecting, categorizing, storing, protecting, and distributing the result of market.

Financial

  • Debt management as per the debt management standard
  • Manage and control expenditure for travel, events, and promotional items.
  • Plan, assign and allocate funds for events plans, or promotional items requited for brand management through brand management activities as per the structured calendar.

Operations & Compliance

  • Actively keep up to date with relevant knowledge, legislation and developments within the business unit and insurance industry that may have an impact on the business advantage.
  • Coordinate compliance with regulatory requirements for brokers for licensing and on boarding requirements as per ABC third party standards.

Education and Experience Required:

  • Degree in Commerce, Insurance, Law, Business Administration
  • At least 8 years in Insurance Sales/or Underwriting

Professional qualifications

  • ACII, Diploma in Insurance (UK) or
  • AIIK, Diploma in Insurance (Kenya).

Education

H1B sponsor likely
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