Business Development Executive at FBN Insurance Brokers Limited

FBN Insurance Brokers Limited is a wholly owned subsidiary of FBN Holdings Plc. FBN Insurance Brokers combines expert broking knowledge and capabilities for risk assessment, analysis, structuring and overall servicing that has resulted in increased insurance portfolios since its commencement of insurance brokerage business in July 1, 2000.

We also work on a range of value added Risk Management services. We have the reputation, expertise and unrivalled experience in Energy Insurance, Oil and Gas, sophisticated/Complex Risk Management and Re-insurance services and these operational and corporate alliances with the international Brokers are geared towards building infrastructure for the industry in terms of capabilities, skills, knowledge update, improved professionalism and Best Business Practice possible. FBN Insurance Brokers Limited has a total branch network of three, located in Abuja, Port Harcourt and Ibadan and also leveraging on over 700 branches of FirstBank Nigeria Limited.

We are recruiting to fill the position below:

Job Title: Business Development Executive

Location: Abuja
Employment Type: Full-time
Reports to: Business Development Team Lead
Supervises: Business Development Support

Job Role Objective

• The Business Development Executive is responsible for researching and pursuing new business leads for the growth of the business.
• The role involves acive coordination accross teams and demands exceptional inter-personal skills.

Job Responsibilities

• Generating of countless prospect list and identifying potential customers
• Pitching of Insurance products and services to identified prospect
• Attending conferences, meetings, and industry events.
• Negotiating and renegotiating by phone calls, emails and in person.
• Suply of regulatory information/data to the compliance team within timelines.
• Maintaining fruitful relationships with existing customers and prospects
• Researching organizatioins and individuals online to identify new leads and potential new markets.
• Contacting potential clients via emails and phone to establish rapport and set up meetings.

Key Performance Indicators

• Achievement of financial budget.
• Ideas generation and Implementation effectiveness
• % of renewal businesses.
• No. of operational errors committed.
• Timeliness in the Preparation of Periodic business development activity report to BD Team Lead
• Number of customer relationships improved on and established.

Qualifications

• A good First Degree, while an advanced degree such as MBA will be an added advantage
• Minimum of 2 years cumulative experience in Sales.
• Membership of CIIN is within 2year of hire.

Competence Requirements:
Core Skills:

• Must be conversant with NAICOM regulations
• Excellent Work Attitude
• High level of productivity using Microsoft Office applications

Generic Skills:

• Innovative (Disruptive and Creative in solving Problems)
• Interpersonal skills.
• Excellent negotiation skills.
• Good Communications skills (written and oral)
• Strong Selling and marketing skills
• Self-driven/proactive.
• Excellent presentation skills.
• Integrity (Inspire trust and confidence in customers and co-workers)
• Respect (For self and others)
• Customer Centric (Empathetic and Focused on Customer
• Ability to evaluate needs of customers, and determine what products or service would best serve those needs.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.

Note: Only candidates with passion for sales should apply.

Application Deadline  20th June, 2022.