PURPOSE:
Reporting to the Director, Branch & Distribution, the position holder will be responsible for evaluating, pricing, and setting terms for risk proposals to achieve desirable loss ratio and profitability. The role involves underwriting General Business in a commercially sound manner while ensuring operational efficiency and effectiveness.
PRIMARY RESPONSIBILITIES:
- Coordinate the preparation and submission of bids, tenders, and proposals in response to client requirements (both physical and online submissions)
- Requesting correct bid bond & performance security amounts from the bank
- Returning bonds for cancellation in cases where tender was unsuccessful.
- Sending of Authorization Letters, Forwarding Letters and Broker’s statutory requirements
- Delivery of direct client tenders, handling of customer calls, walk in clients enquires, follow-up on bid & performance bonds/ securities.
- Tender Business Reporting – Participating in tender opening and advising sales team on outcomes and areas of improvements and updating of the Tender Log Outcome
- Prepare and maintain tender reports and a tender log tracker (monthly performance reports on tender achievements).
- Put in place mechanisms to build and sustain good relations with clients and intermediaries.
- Support the business development and retention teams in executing sales strategies to achieve revenue targets.
- Collaborate with internal stakeholders, including underwriters, actuaries, and legal teams, to ensure bid submissions meet regulatory and company standards.
- Respond to all incoming calls, letters, emails from clients/brokers within set TAT’s and attend to walk in clients promptly and professionally. Ensure all issues complaints are promptly and pro-actively resolved.
- Provide monthly intelligence reports on prevailing market rates and terms.
- Ensure all CIC Group and subsidiary renewable tender documents remain current and up to date.
| Key Skills, Knowledge, Experience and Behavioural Competencies | ||||||||||||||||||
Academic and Professional Requirements
Experience Required:
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| Special Position Requirements (Optional section: any travel, security, hazard or related special conditions which apply to the position) | ||||||||||||||||||
| · The role holder may be required to travel to distant branches or wherever the Company has any interest.
· Role holder may be required to work extended working hours to ensure jobs are completed on schedule and to specification. |
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If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through: https://careers.cicinsurancegroup.com/ clearly indicating the position being applied for.
The application should reach us by close of business on 14th March, 2025. Please note only short-listed candidates will be contacted. If you do not hear from us by 30th April, 2025 consider your application unsuccessful.
N/B: This job advert is open to both internal and external candidates.