Job Title: Administrative Assistant (Fresher Jobs) Organisation: Fins Medical University (FMU)…
Broker Relationship Manager Job Placement – Phoenix of Uganda Assurance Company Limited
Job Title: Broker Relationship Manager
Organisation: Phoenix of Uganda Assurance Company
Limited
Limited
Duty Station: Kampala,
Uganda
Uganda
About US:
Phoenix of Uganda Assurance
Company Limited was established in East Africa in 1912 and it boasts over 100
years of providing quality Insurance cover. Our experience as the oldest
insurance company in the region has seen us build a solid reputation in the markets
we serve. Phoenix of Uganda Assurance
Company Limited was licensed to do business from November 2003, however, the
official transactions started from January 2004. The Company offers a wide
range of General Insurance Products on the Market. In May 2014, controlling interest in Phoenix
of East Africa Assurance Company was
purchased by Mauritius Union Group (Est. 1948) – a Public Listed Company, one
of the largest financial services companies in Africa.
Company Limited was established in East Africa in 1912 and it boasts over 100
years of providing quality Insurance cover. Our experience as the oldest
insurance company in the region has seen us build a solid reputation in the markets
we serve. Phoenix of Uganda Assurance
Company Limited was licensed to do business from November 2003, however, the
official transactions started from January 2004. The Company offers a wide
range of General Insurance Products on the Market. In May 2014, controlling interest in Phoenix
of East Africa Assurance Company was
purchased by Mauritius Union Group (Est. 1948) – a Public Listed Company, one
of the largest financial services companies in Africa.
Job Summary: The
Broker Relationship Manager’s responsibility is to manage relationships with a
portfolio of all Insurance Brokers and/or identifies and converts new account
opportunities, to drive profitable revenue growth. The incumbent will develop,
manage Broker Businesses and sales pipelines and/or identify, qualify and close
new business opportunities, working with Operations, Claims and Underwriting
colleagues to ensure successful delivery and timely Premium Collections. His/her job is to accomplish business targets
and engage in and support business research, market intelligence and
development to promote continual innovation and business growth.
Broker Relationship Manager’s responsibility is to manage relationships with a
portfolio of all Insurance Brokers and/or identifies and converts new account
opportunities, to drive profitable revenue growth. The incumbent will develop,
manage Broker Businesses and sales pipelines and/or identify, qualify and close
new business opportunities, working with Operations, Claims and Underwriting
colleagues to ensure successful delivery and timely Premium Collections. His/her job is to accomplish business targets
and engage in and support business research, market intelligence and
development to promote continual innovation and business growth.
Key Duties and Responsibilities:
·
In charge
of developing, promoting and managing the overall Broker Distribution Channel
through business strategy developments and reviews to meet the agreed Company
Production and Profitability targets
In charge
of developing, promoting and managing the overall Broker Distribution Channel
through business strategy developments and reviews to meet the agreed Company
Production and Profitability targets
·
Achieving
Business targets through Planning, Strategy and Production target setting i.e.
Formulating sales strategies for different products and achieving agreed
targets
Achieving
Business targets through Planning, Strategy and Production target setting i.e.
Formulating sales strategies for different products and achieving agreed
targets
·
Managing
the SLAs with the Insurance Brokers and ensuring implementation of the agreed
service levels in the SLAs i.e. ensuring timely service delivery as per agreed
standards
Managing
the SLAs with the Insurance Brokers and ensuring implementation of the agreed
service levels in the SLAs i.e. ensuring timely service delivery as per agreed
standards
·
Ensure
Timely Collection of Insurance Premiums from the Brokers in line with the
signed SLAs
Ensure
Timely Collection of Insurance Premiums from the Brokers in line with the
signed SLAs
·
Building
and maintaining relationships within Insurance Brokers to thoroughly understand
their strategy, culture, personalities, customer base and decision making and
ensure they fully understand Phoenix Assurance propositions.
Building
and maintaining relationships within Insurance Brokers to thoroughly understand
their strategy, culture, personalities, customer base and decision making and
ensure they fully understand Phoenix Assurance propositions.
·
Working
with Brokers on a day-to-day activity, training, motivating and developing
Incentive measures to meet long-term and short-term goals for Business growth
Working
with Brokers on a day-to-day activity, training, motivating and developing
Incentive measures to meet long-term and short-term goals for Business growth
·
Ensuring
compliance with regulations and procedures as laid down by the regulators by
keeping up to date with all changes in the regulatory framework;
Ensuring
compliance with regulations and procedures as laid down by the regulators by
keeping up to date with all changes in the regulatory framework;
·
Conducting
weekly / monthly meetings with Brokers and Internal Staff to review
performance, disseminate company information, address common problems and
concerns and rally the team to achieve the set goals.
Conducting
weekly / monthly meetings with Brokers and Internal Staff to review
performance, disseminate company information, address common problems and
concerns and rally the team to achieve the set goals.
·
In charge
of monitoring Loss Ratio and retention trends and works with Marketing Manager
to adjust Broker Channel operations to address underperforming results
In charge
of monitoring Loss Ratio and retention trends and works with Marketing Manager
to adjust Broker Channel operations to address underperforming results
·
Organizing
and participating in Market Awareness Campaigns to increase the Company Brand
Visibility and Improve positioning
Organizing
and participating in Market Awareness Campaigns to increase the Company Brand
Visibility and Improve positioning
·
Regularly
Meeting with Brokers to resolve issues where necessary.
Regularly
Meeting with Brokers to resolve issues where necessary.
·
Perform
any other duties that may be assigned from time to time.
Perform
any other duties that may be assigned from time to time.
Qualifications, Skills and Experience:
·
The applicant
should have prior experience in Customer Relationship, Business Development, Branch,
Sales or Insurance Manager Roles
The applicant
should have prior experience in Customer Relationship, Business Development, Branch,
Sales or Insurance Manager Roles
·
At least
three to five years’ working experience in insurance, banking, finance or
telecommunications sectors
At least
three to five years’ working experience in insurance, banking, finance or
telecommunications sectors
·
Insurance
industry Knowledge of the General Insurance Market and Operations is an Added
Advantage
Insurance
industry Knowledge of the General Insurance Market and Operations is an Added
Advantage
·
Successful
track record of meeting sales goals preferred.
Successful
track record of meeting sales goals preferred.
·
Sales
acumen – Practical intelligence and ability to handle different sales related
situations
Sales
acumen – Practical intelligence and ability to handle different sales related
situations
·
Result
Orientation- Performance oriented and should give due importance to goal
setting, performing and achieving.
Result
Orientation- Performance oriented and should give due importance to goal
setting, performing and achieving.
·
Excellent
interpersonal, presentation and communication skills
Excellent
interpersonal, presentation and communication skills
·
Ability
to work in high pressure environment
Ability
to work in high pressure environment
·
Computer
literacy skills i.e. proficiency in MS Office and other office applications
Computer
literacy skills i.e. proficiency in MS Office and other office applications
·
Ability
to multitask – Prioritize and handle multiple work
Ability
to multitask – Prioritize and handle multiple work
How to Apply:
All suitably qualified and
interested candidates are strictly encouraged to send an Updated Resume/C.V to
the address below indicating the job title in the subject of your email.
interested candidates are strictly encouraged to send an Updated Resume/C.V to
the address below indicating the job title in the subject of your email.
For Example: REF: Application for Broker Relationship
Manager to: DAmio@phoenix-assurance.com
Manager to: DAmio@phoenix-assurance.com
Deadline: 16th December 2016
NB: Preference
will be given to ladies
will be given to ladies
For
more of the latest jobs, please visit https://www.theugandanjobline.com
or find us on our Facebook page https://www.facebook.com/UgandanJobline