MicroEnsure provides first-of-its-kind microinsurance solutions through the use of technology and other innovative distribution channels to benefit millions of people in the developing world.
We are recruiting to fill the position below:
Job Title: Business Development Executive
Location: Lagos
Job Description
The Business Development Executive will need to develop and deliver new partnerships with distributors that will include banks, mobile money and digital financial solutions providers and microfinance institutions.
The Business Development Executive will work closely with the Global Business Solutions Manager, supported by the Country Manager who will also continue to be supportive in developing key partnerships.
Primary Responsibilities
Develop and maintain a strong pipeline of potential distribution partners; leveraging connections in the wider industry to unlock a wide range of opportunities for MicroEnsure
Maintain reports of pipeline development activities, including updates on key meetings with prospects
Develop and present clear proposals and presentations for prospective partners
Pitch MicroEnsure as a preferred partner to potential distribution partners; this will require the ability to be able to work and build relations with both middle management of our partners as well as to perform well in high pressure “set stage” presentations in the board room of larger organizations
Help secure signed Non-Disclosure agreement with potential partners as well as the required data necessary for other colleagues to build detailed business cases, being tenacious in following up to secure what is needed for the project to maintain momentum
Under guidance from business solutions analysts, utilise and manage MicroEnsure’s business case models to help secure a go-decision from potential partners which will include the ability to dynamically alter the proposition in order to secure approval to proceed
Work with business solutions analysts to prepare and submit proposed projects through the Decision Gate process
Finding new models and opportunities. Development of new partnerships using tried and tested models and products in an innovative format.
Contribute on how MicroEnsure’s models and products can be adapted to new kinds of partners or how models could be altered to generate new opportunities, working in collaboration with our the strategy team.
Become a trusted member of the MicroEnsure management team and contribute toward MicroEnsure’s strategic aims
Qualifications, Experience, and Attributes
Degree educated as a minimum
5+ years’ experience in developing and locking B2B business deals of financial products
Experience of working with insurance companies and/ or banks or microfinance banks in the country will be preferred
Knowledge of the country’s financial industry will be essential
Strong knowledge of and experience with Microsoft Office Suite, including Word, Excel and PowerPoint, including using these tools to present materials orally and in written form
Experience working across teams internally and externally - be able to work with middle management as well as C-Team and Boards
Experienced in client and stakeholder management and executing communication plans
Ability to work under pressure to meet deadlines
Ability to concurrently work on multiple large projects, in different phases
Strong self-starter able to perform tasks with minimal input
Commitment to model and articulate MicroEnsure’s mission, vision and values