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Business Development Officer - Insurance

BankSome GroupProvidence
On-site Full-time

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Experience Level

Experience

Qualifications

Bachelor’s Degree is mandatory. Minimum of 2 years of experience in Sales Administration and Analysis required; supervisory experience is preferred. Strong background in the insurance sector. Exceptional leadership, development, and training skills are essential. Solid business acumen with the ability to comprehend short- and long-term consequences. Proficient in developing clear and concise communications objectives in the form of project briefs. Strong presentation and persuasive skills. Ability to work collaboratively and lead across diverse functional disciplines and regional cultures. Excellent problem-solving and analytical abilities. Data-driven with a process-oriented mindset. Strong focus on customer satisfaction. Knowledgeable about call center operations and product lines.

About the job

  • Forge new business partnerships and negotiate lucrative contracts to achieve an annual revenue target that exceeds 30% of the previous year's invoiced revenue.
  • Contribute to the formulation of a robust business plan and sales strategy aimed at meeting company sales objectives and enhancing profitability.
  • Devise comprehensive action plans for identifying and pursuing new clients, sales leads, and prospects.
  • Support the creation and coordination of impactful business presentations and strategies to engage new corporate clients.
  • Provide timely performance feedback to the Managing Director/Head of Sales.
  • Maintain meticulous records of all sales activities and outcomes.
  • Deliver presentations on set targets and review past and forthcoming initiatives during weekly sales meetings.
  • Assist in the formulation and execution of marketing plans as necessary.
  • Prepare and present proposals and responses to Requests for Proposals (RFPs).
  • Adhere strictly to all company policies, procedures, and ethical standards.
  • Demonstrate a strong drive, motivation, and keen attention to detail to capture and explore every sales opportunity.
  • Promptly address and resolve client complaints and inquiries.
  • Engage potential clients through direct communication via face-to-face meetings, phone calls, and emails.
  • Establish and nurture client relationships, fostering loyalty, obtaining referrals, and effectively managing the client database.
  • Facilitate at least one internal training session annually.
  • Review insurance claims to build trust and protect the company's reputation.
  • Prepare reports for insurance underwriters.
  • Advise clients on the claims process for their policies.
  • Renew or modify existing client policies as needed.
  • Market various services effectively.
  • Collect insurance premiums as required.

Perform additional duties as assigned by the Managing Director.

About BankSome Group

BankSome Group comprises a team of highly skilled, diverse, and motivated individuals committed to revolutionizing the sectors of Construction, Real Estate, Insurance Brokerage, International Health Insurance, Renewable Energy, and Property Management. Headquartered in Lagos, Nigeria, with a presence in the United Kingdom and China, the company has cultivated strong business relationships with a vast network of global experts.

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