Head, Business Development
Job summary
The Head, Business Development is responsible for driving the growth, profitability, and operational performance of the Group's businesses, with a primary focus on insurance brokerage services and real estate/property portfolios.
Job descriptions & requirements
Responsibilities:
Strategic Growth & Portfolio Management (40%):
- Develop and execute business growth strategies focused on market expansion, revenue generation, and profitability.
- Identify new business opportunities and drive portfolio diversification initiatives.
- Monitor market trends, competitor activities, and customer preferences to identify emerging opportunities.
- Identify, evaluate, and negotiate investment and property acquisition opportunities.
- Conduct due diligence and provide recommendations on prospective investments.
- Direct marketing and business development initiatives to promote the organization's services and property portfolio.
Operations, Maintenance & Compliance (20%):
- Oversee maintenance, renovation, and repair activities across property assets to ensure quality standards are maintained.
- Lead lease negotiations, commercial agreements, and vendor contracts to secure favorable business terms.
- Ensure compliance with applicable laws, regulations, and industry standards.
- Support risk mitigation initiatives and ensure proper governance across operational activities.
Financial Performance & Leadership (30%):
- Oversee budgeting, forecasting, and revenue planning activities.
- Drive business profitability through effective cost management and revenue optimization.
- Identify opportunities to reduce operational costs without compromising service quality.
- Monitor key business performance indicators including occupancy levels, vacancy rates, listing conversion rates, and portfolio performance.
- Lead, mentor, and develop teams to foster a high-performance and results-driven culture.
- Ensure alignment of team objectives with overall business goals.
Professional Conduct & Stakeholder Management (10%):
- Maintain strong relationships with clients, partners, vendors, and other stakeholders.
- Demonstrate excellent communication and leadership capabilities.
- Uphold the highest standards of professionalism, integrity, confidentiality, and ethical conduct.
- Promote a culture of accountability, collaboration, and continuous improvement.
Requirements:
- Bachelor's Degree in Accounting, Marketing, Estate Management, Business Administration, or a related discipline.
- Completion of NYSC is required.
- Minimum of 5 years post-qualification experience in insurance, insurance broking, financial services, real estate, property management, or related sectors.
- Minimum of 3 years' experience in a managerial or leadership role.
- Demonstrated experience driving revenue growth and managing business operations
- Strategic Business Development
- Property Portfolio Management
- Investment Analysis & Due Diligence
- Commercial Negotiation
- Financial Planning & Revenue Growth
- Leadership & Team Management
- Client Relationship Management
- Regulatory Compliance
- Analytical Thinking & Decision-Making
- Business Acumen & Commercial Awareness
Key Success Indicators:
- Growth in revenue and profitability across business units.
- Successful execution of expansion and diversification initiatives.
- Improved occupancy and property portfolio performance.
- Effective cost optimization and operational efficiency.
- Strong client retention and stakeholder satisfaction.
- Compliance with regulatory and operational standards.
- Development and performance of teams under supervision.
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