Head of Business Development

Responsibilities:

• Understand insurance products, benefits, and value propositions.
• Develop and implement strategic and tactical business development plans to support the organization’s growth and expansion.
• Research and identify market trends, opportunities, and potential partners in the industry.
• Conduct sales forecasts and analysis and create sale pipelines.
• Develop and execute strategic plans to grow and retain existing portfolios and relationships, including identifying key opportunities, risks, and mitigation strategies.
• Use customer feedback and insights to design new insurance products/bundles or uncover methods to enhance client service for existing customers.
• Maintain a strong, positive relationship with existing partners and customers.
• Monitor and report on regulatory concerns, competitors, market trends, and changing customer needs.
• Participate in various business development activities such as training, meetings, conferences, and networking events.

Requirements:

• Minimum of Bachelor’s or Master’s degree in Insurance, Business Administration, or related field.
• An experienced sales leader, and consultative seller and have a proven track record of success in the insurance industry with a minimum of 3+ years of business development experience.
• Proven experience in developing and implementing business development strategies and achieving business goals.
• Able to lead a team and work collaboratively with other units within the organization.
• Strong communication skills with both internal team members and external business stakeholders.
• Strong initiative to find ways to improve solutions, systems, and processes.
• Working knowledge of processing tools such as Outlook, Word, Excel, PowerPoint, and any other industry-related software.

Location: Yaba, Lagos.

Remuneration: NGN 650,000 - NGN 800,000