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Job description / Role
Objectives: Actively developing and producing new business through the following (inter alia): market analysis, client targeting, discussions with Production Team and meeting with his/her production target quotas. Responsible for the profitable provision of full placing and servicing which meets client needs, maintains client loyalty and renewal, and encourages overall business growth.
Requirements
Main responsibilities:
- Account Strategy - Develop overall account strategies and direct activities for new and existing clients;
- Marketing/Business Development - Actively developing new business and growing existing business;
- Placing Strategy and Supervision - Determine the optimum strategy and structure for placing a risk. Place, Monitor, supervise and guide placements on a day-to-day basis;
- Production Quota - As closely as possible, meeting quarterly production quota;
- Account Servicing and Development - Identify and manage client requirements in accordance with the terms of appointment;
- Renewal Management - Plan and coordinate renewal strategies;
- Account Profitability - Achieve optimum profitability on individual client accounts;
- Account Reporting - Monitor and report development, trends and issues in the client relationship;
- Client Education - Educate clients and manage client expectations through market, insurance and sector briefings;
- File Management - Set-up, coordinate and manage client and placement records.
Reporting to: Managing Director
Duration: Permanent
Desired start date: ASAP
Probation: 3-6 months
Working Hours: Sunday - Thursday 8am-5pm (1 hour for lunch)
Gross monthly base salary: Negotiable
Commission / Bonus: Negotiable
Other Benefits: Health Insurance (Aetna), Life and Personal Accident, 25 working days holiday
Travel requirements: Frequent travel within UAE (client meetings)
Other interactions:
- Internal: Managing Director, brokers, technical/claims /accounts functions.
- External: Clients including risk/insurance managers, Underwriters, new prospects.
About the Company
A leading insurance broker company in UAE.