Arabia Insurance Company

Broker Relations Manager - Kuwait

Salmiya, KuwaitPosted 1 weeks ago

Salary
AED 18k–24k a month· est.
Job type
Full time
Level
Mid level
Field
Sales & Business Development
Work mode
On site

About the role

JOB SUMMARY Broker Relations Manager builds, manages and maintains a business relationship with existing brokers and looks for new opportunities to develop new relationships with new brokers while supporting and assisting the brokers in an accurate and timely manner. DUTIES & RESPONSIBILITIES • Introduce new brokers to AIC and present value proposition to grow and secure new business. • Provide support by replying to queries from the brokers and provide quotations upon requests. • Maximizing client retention by securing renewals. • Conduct regular visits to key brokers to develop stronger business relationships. • Conduct products trainings and presentations for Brokers and their clients. • Coordinate with the superior to provide additional incentives or discounts to key brokers. • Achieve the relevant set KPIs of the portfolio by achieving the sales target. • Provide the underwriting department with requisite information to ensure accurate underwriting. • Follow up on insurance claims to ensure justified claims settlement. • Escalate all inquiries requiring a higher authority for approval from the superior. • Assist in research and development on industry sales trends and sales platform management to achieve company goals. • Develop, monitor, and report on Brokers Key Performance Indicators (KPI) as requested by the superior. • Develop an effective interface between brokers and other departments of the company. • Represent the company at official functions and any other business as may be assigned or delegated. • Prepare and follow up on sales budget reporting as requested by the superior. • Comply with Arabia Code of Conduct. • Perform other related duties as assigned. EDUCATION • Bachelor’s degree, preferably in Insurance or Business Administration or equivalent NATIONALITY REQUIREMENT This position is designated for Kuwaiti nationals in accordance with applicable Kuwait nationalization requirements EXPERIENCE & KNOWLEDGE • 3 to 5 years of relevant experience in the insurance industry, within the Kuwaiti market, in Underwriting, Sales, or Broker Relations • Good comprehension of insurance plans

Requirements

Bachelor’s degree, preferably in Insurance or Business Administration or equivalent. 3 to 5 years of relevant experience in the insurance industry, within the Kuwaiti market, in Underwriting, Sales, or Broker Relations. Good comprehension of insurance plans.

Responsibilities

Introduce new brokers to AIC and present value proposition to grow and secure new business. Provide support by replying to queries from the brokers and provide quotations upon requests. Maximizing client retention by securing renewals. Conduct regular visits to key brokers to develop stronger business relationships. Conduct products trainings and presentations for Brokers and their clients. Coordinate with the superior to provide additional incentives or discounts to key brokers. Achieve the relevant set KPIs of the portfolio by achieving the sales target. Provide the underwriting department with requisite information to ensure accurate underwriting. Follow up on insurance claims to ensure justified claims settlement. Escalate all inquiries requiring a higher authority for approval from the superior. Assist in research and development on industry sales trends and sales platform management to achieve company goals. Develop, monitor, and report on Brokers Key Performance Indicators (KPI) as requested by the superior. Develop an effective interface between brokers and other departments of the company. Represent the company at official functions and any other business as may be assigned or delegated. Prepare and follow up on sales budget reporting as requested by the superior. Comply with Arabia Code of Conduct. Perform other related duties as assigned.

Skills

  • Broker relations
  • Sales
  • Underwriting
  • Quotations
  • Customer retention
  • Key Performance Indicators (KPI)
  • Insurance industry knowledge
  • Product training
  • Relationship management
  • Client servicing
  • Budget reporting
  • Industry sales trends

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