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Business Development Consultant
3 months ago
Identify market opportunities for your area of responsibility and produce a Business Plan that reflects how to develop, and manage prospects.
- Retain existing base and grow it to help ensure Brolink Sales targets for the GWP and profitability are met and exceeded.
- Maintain and accurately report on the sales pipelines, to ensure that GWP targets will be met or exceeded
- Assist with and track larger renewals, and cancellations within portfolio, to ensure a high retention rate of business.
- Develop the Broker portfolio, and effectively onboard new brokers, whereby the Business Development Growth.
- Targets are achieved through influence and persuasions.
- Strategically analyze the Brokers business plan and identify future business opportunities for development.
- Implement agreed underwriting measures aligned to underwriting and Insurer mandates to attain targeted loss.
- Ratios and rates
- Ensure adherence to the Regional Teams Sales plan.
- Actively assist with portfolio management and policy screening, to ensure that profitability targets are achieved.
- Deliver and enhance client satisfaction of the highest level by working with brokers to map and determine their Business needs in delivering superior client service.
- Effectively assist by redirecting service complaints, to the correct division and manager, in order to resolve all complaints received from brokers or clients.
- Track Productivity levels by successful completion of Internal systems.
- Maintain correct and updated broker contact information, correct broker agency details, and ensure that changes in agencies are correctly communicated and updated on all required systems.
- In collaboration with Underwriting and other departments ensure that technical and operational underwriting standards, procedures and controls are complied with
- Follow laid down procedures for on boarding; development and maintaining of business
- Follow laid down procedures for submission of ex gratia claim motivations
- Actively promote relationships with key role players in your broker portfolio, and the management team of Brolink. Also manage the relationship between the broker and support teams at Brolink.
- Effectively identify, and action cross selling opportunities with other divisions within the Company.
- Assist with credit control management on assigned portfolio, in order to retain GWP.
- Assist with portfolio management actions, and compliance requirements.
- Effectively identify and report compliance breaches, and implementation of compliance requirements post audit.
- Track provisional and actual premiums raised under group schemes, to maintain correct GWP levels.
- At all times adhere to your agreed delegated authority agreement.
- System training to broker and any other requirements
Business Accountabilities
- Analysis Governance and risk management
Relationships
Internal:
- Executives
- BDC
- Underwriting and Claims Manager
- Underwriters
- Claims
- Credit control
- Specialist divisions
- Portfolio management teams
- And any other department within Brolink
External:
- Brokers
- Industry Associations
- Insurers