Business Development Manager, Agency
Job Summary
What you will do:
-Business Development & Engagement
-Identify and develop potential business opportunities through partners networks and existing portfolios
-Participate in industry events and conferences to gather market insights and creative trends
-Consult with mid and senior management to develop new services and products for distribution channels
-Leverage market and competitor insights to define unique selling propositions and differentiators
-Collaborate with partners and underwriters to drive new business opportunities and achieve targeted retention ratios
-Conduct joint fieldwork with partners with or without underwriters to secure a profitable business portfolio and mix
Sales Management
-Maintain disciplined sales management through planned business reviews and goal setting for segmented partners
-Track and measure production trends daily to ensure a strong pipeline and meet sales targets.
-Achieve sales targets for both new business and renewals.
Recruitment & Activation
-Leverage industry networks to recruit new partners and achieve recruitment targets to meet production goals
-Identify activate and support distribution partners to enhance productivity and meet recruitment objectives
Training & Development
-Enhance partner training to ensure professional representation of the business.
-Support partners career development through business expansion progression and continuity planning
Incentive & Campaign Management
-Initiate and execute sales activities to generate new and renewal business through cross-selling upselling and -portfolio analysis
-Plan and support campaigns and events to achieve sales and campaign objectives
-Motivate and guide partners to achieve incentives and business goals such as higher-tier status bonuses and trips
-Undertake additional responsibilities or ad-hoc tasks as required to support business objectives and team success
Qualifications
What you will need:
- Minimum Diploma or Degree in any field
- Minimum 3 years of related experience preferably in business development within the insurance industry
- Experience in direct sales and knowledge in non-Life insurance is an advantage
- Ability to work independently and manage multiple deadlines priorities and change
- Strong client management relationship-building and problem-solving skills
- Excellent multitasking project management and business acumen
- Collaborative reliable resilient and demonstrates integrity
- Proactive self-starter with a strategic and creative approach
- Assertive sales-driven and able to work under pressure
- Excellent interpersonal and presentation skills
Required Experience:
Manager
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.