Business Development Officer at an Insurance Brokerage Firm - Workforce Group (4 Openings)

Workforce Group - Our client, an Insurance Brokerage firm, is recruiting to fill the position below:

Job Title: Business Development Officer

Locations: Abeokuta - Ogun, Akure - Ondo, Osogbo - Osun and Ibadan - Oyo
Employment Type: Full Time

Job Summary

• Our client is looking to hire for the role of Business Development Executive.
• The Business Development Officer will assist with the development and execution of appropriate marketing and business development strategies to support the achievement of sustainable profitability and market growth.
• He/ She will provide relevant marketing and client insights that will ease and facilitate the successful creation and execution of clients’ market expansion objectives

Responsibilities

• Build long-term relationships, sustenance, and deepen business relationships with both new and existing clients.
• Arrange business development meetings with prospective clients.
• Market Insurance products and services to High Net-worth Individuals, Retails, and Corporate Organizations.
• Work with cross-functional teams on the renewal of existing clients and claims handling.
• Conduct research to identify new markets and customer needs.
• Collaborate with the team in the execution of social media and digital Marketing Strategies.
• Maintain business profitability and ensure compliance with all regulatory directives.
• Prepare weekly, monthly, quarterly, and annual reports on the department’s marketing and business development activities for the Business Development Manager.
• Conduct research on potential clients’ insurance needs and communicate appropriate proposals.
• Provide feedback and after-sales support to the clients.
• Liaise with the relevant Business-Unit to prepare client sales and business development plan, budget, and targets, ensuring alignment with the company’s budget priorities and corporate strategy.
• Assist the Business Development Manager in setting the objectives by which the department implements its approved strategic plans, budget, and targets.
• Develop a growth strategy focused both on financial gain and customer satisfaction.
• Keep records of sales, revenue, invoices, etc.
• Promote the company’s products/services addressing or predicting clients’ objectives.
• Meet and exceed sales goals.
• Understand Clients’ needs and offer solutions and support; answer potential client’s questions and follow-up call questions, and respond to client requests for proposals.
• Collaborate with management on sales goals, planning, and forecasting.

Requirements

• B.Sc Marketing or any related discipline.
• Minimum of 2-3 years post-qualification relevant experience in a similar job position in the Insurance/Microfinance/Bank.
• Excellent Communication, networking, and relationship-leading skills
• Ability to work independently.

Application Closing Date
Not Specified.