Business Development Manager - Insurance

Job Description

Job PurposeTo support the growth and development of the distribution channels to enable Nedbank to expand its reach and business, through new and existing initiatives and effective delivery of the channel development strategy into the market; in line with Nedbanks business strategy.Job ResponsibilitiesBuild strong relationships with external stakeholders by networking and regular communication.Build and maintain working relationships by networking; ongoing communication and sharing relevant information.Support business developent initiatives by implementing the agreed Service Level Agreement with the regional distribution owners.Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.Green Strategy).Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.Create awareness and expand business opportunities by presenting products through various media.Support implementation of projects by coordinating and project managing all activities and making suggestive recommendations.Create new business initiatives and expand current distribution channels by identifying opportunities through market and competitor analysis; recommending innovative ideas for services.Minimise risks by adhering to regulations; policies and procedures and executing on governance.Identify business opportunities from existing and new channels by analysing available data; collaborating with other departments; engaging and meeting relevant stakeholders.Gather information and make Client Value Proposition (CVP) by understanding the bank process; researching (market insights); reviewing market segment information and proposing ideas that are aligned to business strategy.Put together a business case by compiling all relevant information; come up with findings and draft a proposal with appropriate recommendations and alternatives.Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.Identify training courses and career progression for self through input and feedback from management.Ensure all personal development plan activities are completed within specified timeframe.Share knowledge and industry trends with team and stakeholders during formal and informal interaction.

Responsibilities + Skills

Education

Communicating standards to others.Comparing two or more sets of informationPreparing and delivering presentationProviding professional advice/opinion

Experience

3 - 5 years in Short Term Insurance, in a Key Account Management role.5 years Research and Development experience in Insurance2 years Digital Product Development.RE 5

Job Summary

  • Published on: Monday, 9th March 2020
  • Designation: Business Development Manager - Insurance
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: not
  • Gender:
  • Application Deadline: Monday, 9th March 2020

About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website: https://www.nedbank.co.za/
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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