Liberty Life Assurance Kenya is a life insurance provider that has been serving Kenyans for over 50 years, dedicated to making financial freedom possible through innovative and relevant solutions.
The Role
The purpose of the Business Acquisition Specialist position is to strengthen business acquisition through competitive pricing of life businesses in order to onboard and retain more business. This role involves working closely with Administrators, Brokers, Independent Agencies, and direct clients through relationship building and timely support.
Key Responsibilities
To understand and fulfil clients’ needs through product understanding and making recommendations to the sales team on business acquisition opportunities.
To ensure a culture of effective and efficient service delivery to customers within the Group Life team to ensure customer retention and satisfaction.
To provide technical support to Group Life Schemes distribution channels to enhance business acquisitions to meet organizational growth objectives.
To support the business development team in preparing tender documents and aligning strategies.
To ensure smooth onboarding of new business (documentation).
To implement the credit control policy within Group Life Schemes to ensure revenue collection.
To effectively improve the risk exposure to deliver greater shareholder value within set limits.
To maintain and promote effective internal and external stakeholder relationships.
To provide relevant and accurate management information to all relevant stakeholders in order to support business growth objectives.
To concentrate on all lines of business: Brokers, Agents, Direct, and Affinity by providing quotes.
To gather market intelligence, issue quotes, ensure competitiveness, and follow up prospects for closure.
To carry out member education and training of our products to intermediaries, prospects, and existing clients.
To organise for a reward programme and bonding sessions.
To enhance cross-selling across GLA clients and achieve organic growth in the existing GLA portfolio.
Reduction of loss ratios via prudent pricing at inception and renewal.
Maintaining a database that enables business to evaluate trends in the market.
Preparation/review of monthly reports required by internal clients, finance, and actuarial team.
Analysing and updating contracts related to group risk schemes among them; review of treaties, recommend for amendments/endorsements, and review of treaty effect on the business.
Qualifications and Experience
Qualifications
Bachelor’s degree in insurance or a business-related field.
Professional qualification in Insurance (LOMA, ACII, AIIK).
Experience
At least 3 years’ experience in the insurance industry.
How to Apply
Interested and qualified candidates are invited to apply directly on the Liberty Life website. Follow the link below to access the application page: Apply at Liberty Life on www.liberty.co.ke
