Direct Business Officer at Old Mutual Insurance Rwanda: (Deadline 19 May 2022)

Old Mutual Limited (OML) is a Pan-African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 13 African countries and boasts a rich heritage of 175 years. The primary listing of Old Mutual Limited, which comprises the East Africa business – UAP Old Mutual Group, on the Johannesburg Stock Exchange is a milestone the business attained in June 2018, with Secondary listings in Zimbabwe, Namibia & Malawi.

The UAP Old Mutual Group comprises three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The Group is one of the largest financial services groups with a growing footprint in East and Central Africa. It currently operates in Kenya, Uganda, Tanzania, South Sudan and Rwanda. UAP Old Mutual offers customers a comprehensive and enhanced range of financial services which include Investment, Insurance, Savings and Banking, as well as a wider and more accessible distribution network. The Group also offers broad career growth prospects for employees. It therefore wishes to fill the below vacant position with a qualified, experienced and talented individual to strengthen its portfolio as a Pan – African Financial Services Group. The position’s details are outlined below:

Job Summary

Responsible for overseeing the implementation of business development strategies to heighten company profitability. The duties include steering business direct & digital sales, identifying business opportunities to pursue, and creating business proposals to support their ideas.

Key tasks and responsibilities:

• Analyzing current and past financial data and providing strategies to cut costs and increase revenue
• Leading the charge on market research plans to identify new opportunities
• Working with executives to implement marketing strategies and new opportunities
• Encouraging new and existing clients by creating and improving proposals
• Ensures acceptable levels of business retention (i. e. preservation of existing business) are always maintained; and any existing business lost due to unavoidable circumstances is replaced by other suitable accounts (over and above the new business acquisition target for the year)
• Tracking expenses and maintaining the company budget
• Ensuring that the company meets revenue targets for business lines
• Identify sales leads including digital and maintain a good working relationship with existing and new clients
• Closely monitors customer service satisfaction to ensure renewals are not threatened; negotiates renewal terms well in advance and sends formal renewal confirmations to clients before the renewal dates
• Maintains, and regularly updates business progress reports
• Cover note control – to make sure all outgoing cover notes are properly used and returned for booking within 5 working days after being issued to clients.
• Tracking and compliance to BD regulations, internal process and procedures

Academic/Professional Qualifications; experience; skills and competencies

• University degree
• Basic Insurance qualification
• Sales and Marketing Qualification
• Digital sales qualification
• Minimum Experience of 3 years
• Experience in Insurance

Please visit our careers page through: https://oldmutual.wd3.myworkdayjobs.com/en-US/Old_Mutual_Careers/job/Kigali/Direct-Business-Officer_JR-23734

Interested candidate are requested to submit their applications by 5:00 PM 19th May 2022.

Applicants must possess or be in the process of applying for a POLICE CLEARANCE CERTIFICATE as at the time of making an application.

ONLY short-listed candidates will be contacted.

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