About the job
A financial holding company, Chedid Capital is a leading investment group in the insurance and reinsurance fields. The Group operates across Europe, Middle East, Africa and South Asia. The Company plays a role in the forefront of the industry, being part of one of the top 20 Reinsurance Brokers in the world.
Chedid Insurance Brokers, a company member of Chedid Insurance Brokers Network, the insurance broking network of Chedid Capital, is looking for a Business Development Executive. The role focuses on identifying and engaging potential clients, managing client relationships and portfolios to drive sustainable business growth.
Joining our 1600 dynamic team members, spread among 64 subsidiaries worldwide, offers you endless growing opportunities.
Responsibilities
- Gather market data
- Maintain strong relationships with insurance companies
- Develop and maintain an up-to-date database of prospects by market segment and line of business
- Segment industries, analyze relevant risks, and identify appropriate insurance solutions
- Prioritize the prospect pipeline
- Approach prospects and build relationships
- Assess insurance requirements to evaluate risk and insurability
- Share all relevant risk information with underwriters
- Propose suitable insurance solutions to prospects
- Generate new business
- Service own portfolio while meeting client service expectations
- Maintain accurate client records (forms, documentation, IDs, etc.)
- Ensure collection of all required client documentation
- Coordinate with the customer service team and ensure effective internal communication
- Report on client performance
- Communicate all necessary policy performance details to clients; prepare renewal terms in advance to ensure timely renewals
- Present policy and plan details to clients to ensure clear understanding of terms, conditions, and administration
- Achieve annual business targets
- Maintain a sufficient and organized customer database
- Submit daily quotation requests
- Ensure timely collection of payments for completed business
Requirements
- Bachelor’s degree in insurance, Business Administration or equivalent. Marketing or sales background is a plus
- 1 to 3 years of experience insurance distribution and sales.