Business Development Officer (x2) – NICO Life Insurance Company Limited

October 29, 2024
Application deadline closed.

Job Description

BUSINESS DEVELOPMENT OFFICER

NICO Life Insurance Company Limited is a leading life insurance services provider in Malawi, providing both Group and Individual Life policies.

NICO Life, an Equal Opportunity Employer, has a vacancy for two Business Development Officers, one tenable at their Head Office in Blantyre and the other at the Lilongwe Branch. The successful candidate, who will be accountable for allocated new business targets, quality onboarding of new business, market research and intelligence, post sales service, and reporting, will have the following as Key Performance Areas:

Key Performance Areas:

  • Business Development Planning – Based on allocated targets, identifying and analysing business growth opportunities, and developing appropriate strategies for business growth.
  • Business development, growth, and customer acquisition – Setting prospects priorities and service standards to achieve new business, ensuring that acquisition initiatives and targets are met, generating proposals that increase value to the company, and soliciting and following up on sales pipelines.
  • Client service support – Post sales servicing of new business clients, ensuring adherence to client service level agreements, provision of advisory services to existing and prospective clients, and ensuring resolution of clients’ complaints and queries.
  • Business intelligence – Reporting on market intelligence, conducting research on products and service offerings, identifying product and service gaps in the market.

Required Skills, Competencies, and Abilities:

  • Strong interpersonal skills.
  • A self-starter and self-motivated individual.
  • Results driven
  • Analytical logical thinker with good problem-solving skills
  • Ability to work on a wide range of deliverables at the same time.
  • Ability to work independently and meet deadlines.
  • Ability to plan and organise in line with job requirements.
  • Excellent negotiation skills

Qualifications and Experience

  • A first university degree in Commerce, Sales, Marketing, Business Administration, or any of the Social Sciences from reputable and recognized university.
  • A good understanding of life insurance business.
  • At least four (4) years experience in Business Development or Sales and Marketing, two (2) of which must have been in a similar role.

Those interested should send their applications together with comprehensive curriculum vitae and at least three traceable referees to:

Head of Human Resources – Insurance Sector
NICO Life Insurance Company Limited
P.O. BOX 3044, BLANTYRE
Or email: vacancies@nico-life.com

Closing date for receiving applications is 8th November, 2024. Only shortlisted candidates will be acknowledged.