Business Development Associate at APA Life Assurance Company Ltd

APA Life Assurance Company Ltd

  • Kenya
  • Permanent
  • Full-time
  • 20 hours ago
Apollo Group (Apollo Investments Limited)was an idea born from the need to harness synergies across the insurance business. Built on commitment, integrity and innovation, it has risen to be one of the leading financial groups in East Africa. Apollo Investments Limited (AIL) includes APA Insurance (Kenya and Uganda). It underwrites General Insurance risks …Business Development AssociateKEY PRIMARY RESPONSIBILITIESBusiness Growth & Sales
  • Drive sales volumes and AUM growth across all asset management products in a systematic and measurable manner.
  • Identify, develop, and manage new business opportunities, particularly through IFA networks, DSF teams, and institutional channels.
  • Establish and maintain strong client and intermediary relationships, ensuring high levels of client satisfaction and retention.
Training & Capacity Building
  • Design and deliver product training programs to enhance knowledge of AAMC's solutions among DSF teams, IFAs, and other partners.
  • Provide ongoing training on sales techniques, client engagement, and market positioning to improve business closure rates.
Marketing & Product Promotion
  • Develop and implement targeted marketing strategies to promote AAMC products to diverse client segments.
  • Lead the development of marketing materials and contribute to budget planning for promotional activities.
  • Create innovative incentive programs for DSF and IFA distribution channels to drive sales and motivate performance.
Market Intelligence & Reporting
  • Gather, analyse, and present market intelligence to support strategic decision-making and enhance AAMC's competitive advantage.
  • Provide timely and accurate reports to management on business development initiatives, sales performance, and pipeline progress.
  • Maintain and update a comprehensive database of current, prospective, and potential intermediaries for targeted engagement.
Compliance & Risk Management
  • Work with compliance teams to monitor product distribution and ensure adherence to regulatory requirements.
  • Implement safeguards against mis-selling by ensuring product suitability for various client segments.
Stakeholder Engagement
  • Build strategic partnerships with pension fund administrators, trustees, institutional investors, and other key gatekeepers in the industry.
  • Represent AAMC in industry events, client forums, and networking opportunities to enhance brand visibility.
ACADEMIC QUALIFICATIONS
  • Bachelor's degree in Finance, Business Administration, Economics, or related field
JOB SKILLS AND REQUIREMENTS
  • Strong interpersonal and relationship management skills.
  • Demonstrated ability to sell investment products and promote financial literacy.
  • Excellent analytical, research, and presentation skills.
  • Entrepreneurial mindset with ability to set up and drive a robust business development structure.
  • Strong understanding of customer needs and the ability to align them with appropriate investment solutions.
PROFESSIONAL QUALIFICATIONS
  • CISI Level 1 certification.
  • Additional professional qualifications such as CFA, ICIFA, CPA, ACCA, or relevant marketing credentials will be an added advantage.
EXPERIENCEMinimum of 4 years of relevant experience in financial services, with a proven track record of achieving business development and sales targets.Don't Keep Share!:

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