Business Development Officer General Business (Kisii, Nakuru, Kitengela, an at I&M Bank Limited

Nairobi, Nairobi County, Kenya -

Full Time

Start Date

Immediate

Expiry Date

23 Jan, 26

Salary

0.0

Posted On

25 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Business Development, Negotiation Skills, Communication Skills, Interpersonal Skills, Leadership Skills, Integrity, Customer Engagement, Insurance Knowledge, Sales Skills, Client Relationship Management, Training Skills, Regulatory Compliance, Risk Assessment, Policy Management, Financial Liaison, Cross Selling, Upselling

Industry

Banking

Description

Job Purpose The job holder is responsible for growth of Bancassurance business across the bank branches and generate non- funded income through cross and upselling of policies. Key Responsibilities Prospect and market to new clients and customers. Prepare quotations, negotiate terms for customers and close on the sales Drive sustainable growth of the assigned branch and corporate insurance portfolio. Send renewal invites/notices, calling clients to renew in order to achieve 90% retention. Make client visits and review scope of cover ensuring valuation of vehicles, risk survey is done and reports shared with clients. Collect premiums as per laid down procedures and liaising with finance team for receipting Assist client fill forms, forward forms to insurer. Forward forms to asset finance and follow up for disbursement. Engage existing customers for additional business through cross sell and upsell. Train branch and DSE staff on existing and new products Execute day-to-day operations across the assigned branches which entail customer enquiries, underwriting, delivery of policy documents, claims documentation, KYC compliance etc. Develop good business relationship with BMs, branch staff, RMs in order to generate warm business leads. Ensure full compliance with all regulatory and internal procedures in relation to bancassurance business. Ensure all collaterals which have bank’s interest are comprehensively insured and bank’s interest properly noted. Any other official duty that may be allocated from time to time. Job Dimensions: Financial Responsibility: · N/A Job Specifications Academic Qualifications · Bachelor’s Degree in a Social Science or related field Professional Qualifications / Membership to professional bodies/ Publication · Relevant professional qualification – COP, IIK, DIP or CII · Member of a relevant professional body Work Experience Required · At least Three (3) years relevant experience in a similar organisation. Competencies: · Strong leadership skills · Executive disposition · Demonstrate high levels of integrity. · Excellent Negotiation Skills · Excellent communication and interpersonal skills If you believe you meet the above requirements log onto our website www.imbankgroup.com/ke and click on careers and apply for the position. Your application should reach us as soon as possible but not later than 1st November 2025.

Responsibilities

The Business Development Officer is responsible for the growth of Bancassurance business across bank branches and generating non-funded income through cross and upselling of policies. Key tasks include prospecting new clients, preparing quotations, driving sustainable growth, and ensuring compliance with regulatory procedures.