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Old Mutual

Life insurance, asset management, and banking

Unit Manager

Insurance Sales & AgencyPosted on Nov 12
Full-timeEldoret, KenyaNo salary listedIn-person

About the Job

Requirements

  • A degree or diploma in a business-related course.
  • At least 3 years of sales experience in the insurance or financial services sector.
  • A Certificate of Proficiency (COP) and a current Insurance Regulatory Authority (IRA) license.
  • A successful track record in selling in financial services, teaching, or another relevant profession.
  • Demonstrable insurance sales experience as an agent.
  • Knowledge of legislation governing insurance in Kenya.
  • Proficiency in the Microsoft Office suite and packages.
  • Skills in communication, negotiation, planning and organizing, leadership, sales and marketing, market intelligence, business development, conflict resolution, and time management.
  • Ability to listen empathetically, build and bond a team, and plan and organize unit meetings and activities.

Responsibilities

  • Deliver business plan targets, including revenue, persistency, and business mix.
  • Recruit and retain agents.
  • Monitor and evaluate agents in their respective units.
  • Set relevant plans and daily activity schedules for the unit.
  • Ensure agents have the support systems needed to deliver their budgets.
  • Implement training programs to support skill development and competence.
  • Open new markets and advise the business on opportunities and threats arising from those activities.
  • Enforce performance management processes specified by the business.
  • Uphold the brand image and ensure compliance with internal and external regulations.
  • Ensure adherence to, implementation of, and adoption of Compliance, Anti-Money Laundering, and sanctions-related policies, procedures, and processes.
  • Execute customer due diligence, ensure compliance with Know-Your-Customer standards, conduct ongoing and enhanced due diligence, and maintain data quality.
  • Identify and monitor potential Anti-Money Laundering, sanctions, or compliance breaches and unusual activities, and escalate concerns to the Risk and Compliance Office.

Desired Qualifications

  • Two years of experience as a Unit or Agency Manager in the insurance or financial sector is an added advantage.

About the Company

Old Mutual

Life insurance, asset management, and banking

Generating summary for Old Mutual.

Company size
10,001+
Company stage
IPO
Headquarters
London, United Kingdom
Founded
1845

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