Team Leader – Business Retention at

2 months ago


Nairobi, Nairobi Area, Kenya Old Mutual Kenya Full time

Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment.

We offer solutions to individuals and corporates underpinned by our core values which are:
Respect, Integrity, Accountability and Pushing beyond boundaries.

SUMMARY

As a Team Leader - Business Retention, you will be responsible for overseeing a team of Relationship Managers and ensuring the successful retention and satisfaction of our client base.

You will work closely with the sales and customer service teams to develop strategies for maintaining long-term relationships with key clients and intermediaries, identifying opportunities for upselling and cross-selling, and resolving any issues or concerns that may arise.


KEY TASKS AND RESPONSIBILITIES

Lead and manage a team of Relationship Managers, providing guidance, support, and mentorship to help them achieve their retention targets.

Develop and implement strategies to retain and grow the client base, including upselling and cross-selling opportunities.

Managing the workflow and distribution of tasks within the retention team to ensure efficient handling of customer inquiries, requests, and retention efforts.

This involves prioritizing tasks, assigning workloads, and optimizing team resources to meet retention goals.

Implementing quality assurance measures to ensure that retention team members adhere to company policies, procedures, and regulatory requirements, may conduct regular audits of calls or interactions to assess compliance and identify areas for improvement.

Monitor key performance indicators (KPIs) and metrics to assess team performance such as persistency, policy renewal rates, and customer satisfaction scores, recommend solutions to improve customer experience.

Collaborate with sales, customer service, and other departments to ensure seamless client experience and address any client concerns or issues in a timely manner.

Analyze client feedback and data to identify trends and opportunities for enhancing the client retention process.
Prepare regular reports and updates on team performance, client retention rates, and other relevant metrics for senior management.

Customer Engagement:
Engaging with existing customers to foster a sense of loyalty and satisfaction is crucial. Oversee initiatives such as customer feedback surveys, personalized communications, and outreach programs to ensure customers feel valued and supported.
Develop customer segmentation strategies to improve customer experience.
Ensuring that all retention strategies and activities comply with industry regulations and ethical standards. This includes adhering to data privacy laws, transparency in communications, and fair treatment of customers.

Working closely with other departments such as marketing, sales, underwriting, and claims to ensure a cohesive approach to customer retention.

This involves sharing insights, coordinating efforts, and aligning strategies to optimize customer retention efforts across the organization.

Training and Development of intermediaries and internally staff so that they have the necessary skills and knowledge to effectively retain customers.

This may involve providing training sessions, resources, and guidance on best practices for customer retention.

To works to mitigate risks by addressing customer concerns, resolving issues promptly, and ensuring that policy terms and conditions meet customer expectations.


Developing Retention Strategies:
Based on the analysis of customer data, one devises and implements strategies to improve customer retention. This could involve developing targeted marketing campaigns, loyalty programs, or incentives for policyholders to renew their policies.

Continuous Improvement:

Proactively seeking opportunities for process improvement and innovation to enhance the effectiveness of retention strategies and the overall customer experience, implements changes based on feedback, industry best practices, and emerging trends.

Handling escalated customer issues or complaints that require supervisor intervention.

The Retention Supervisor acts as a point of contact for unresolved customer concerns, providing resolutions and ensuring a high level of customer satisfaction.

Negotiating with customers to renew contracts and retain business.

Daily monitoring of the customer complaints registers to ensure constant update and timely resolution whilst compiling feedback on recurrent issues for management information use.

Guide the team to develop a professional work ethic and motivate staff by ensuring that they are properly and promptly recognized.


SKILLS AND COMPETENCIES
Competences

Strong leadership and team management skills, with the ability to motivate and inspire team members to achieve their goals.

Excellent communication and interpersonal skills, with the ability to build and maintain relationships with clients and internal stakeholders.
Analytical mindset with the ability to interpret data and trends to drive strategic decision-making.
Ability to thrive in a fast-paced and dynamic environment, with a strong focus on results and client satisfaction.
Capacity to prioritize tasks, manage time effectively, and coordinate team activities to ensure efficient and productive workflow.

Qualifications

Bachelor's degree in business administration, Marketing, or a related field.
Above 5 years' experience in business retention or account management
Demonstrate progress towards attaining insurance professional qualification

  • Nairobi, Nairobi Area, Kenya Old Mutual Kenya Full time

    Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment.We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.SummaryWe are seeking a dynamic and experienced Team Leader...

  • Team Leader at

    2 months ago


    Nairobi, Nairobi Area, Kenya Edenbridge Capital Limited Full time

    Edenbridge Capital is a non bank financial services company registered in Kenya. We offer loans, guarantees and insurance products. Individuals, Small and medium businesses have the potential to thrive, but lack access to capital required to do so. Financing your business is a big decision.SummaryAre you a strategic leader with a strong background in...

  • Sales Team Leader at

    2 months ago


    Nairobi, Nairobi Area, Kenya Standard Bank Group Full time

    Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services. "Africa is our home, we drive her growth" Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior valueSummaryLeads and supervises a team...


  • Nairobi, Nairobi Area, Kenya ENGIE Full time

    ENGIE is a leading world group that provides low-carbon energy. Our group is a global reference in low-carbon energy and services.Job Purpose/Mission To develop, lead and manage all commercial activities of the telesales team ensuring tat all team members are supervised, coached, trained, developed and are generating revenue in support of commercial goals...

  • Team Leader

    2 months ago


    Nairobi, Nairobi Area, Kenya Danish Refugee Council Full time

    ABOUT THE COMPANYDRC has been operating in Kenya since 2005, where we assist refugees and displacement-affected communities by implementing protection and livelihoods activities that increase their self-reliance and expand opportunities for a dignified life. DRC works in Dadaab and Kakuma refugee camps, as well as in Nairobi and Mombasa to assist urban-based...

  • Team Leader

    2 months ago


    Nairobi, Nairobi Area, Kenya Danish Refugee Council Full time

    The Danish Refugee Council (DRC) is a humanitarian, non-governmental, non-profit organisation founded in 1956 that works in more than 30 countries throughout the world.Overall purpose of the role:The holder of this position will manage a team of Economic Recovery Officers and Assistants to effectively implement a Livelihoods and Self-Reliance project in...


  • Nairobi, Nairobi Area, Kenya Minet Kenya Full time

    Minet is a trusted pan-African advisor that meets the uncertainties of tomorrow by delivering risk and human capital solutions today. As the largest Aon Global Network Correspondent, Minet has access to a network of over 50,000 colleagues in 120 countries as well as proprietary data, research and analytics which enable us to manage and secure the risks of...


  • Nairobi, Nairobi Area, Kenya SunCulture Kenya Ltd Full time

    Since the sale of our first kit in 2013, SunCulture has been on a mission to help smallholder farmers in Africa improve both crop yields and quality. We are driven to constantly innovate and improve our technology to make solar powered irrigation solutions truly affordable for the millions of farmers on the continentAbout the role:As a Customer Retention...


  • Nairobi, Nairobi Area, Kenya Hyatt Hotels Full time

    ABOUT THE COMPANYAs we continue to grow, we don't lose sight of what's most important—people. Hyatt is a company that was built by family. It's a workplace where coworkers become friends. Every day we care for our guests. Care is at the heart of our business, and it's this distinct guest experience that makes Hyatt one of the world's best hospitality...


  • Nairobi, Nairobi Area, Kenya Options Consultancy Services Limited Full time

    Options Consultancy Services Limited is a consultancy organisation providing technical and management expertise in the health and social sectors to governments and international development partners to transform the health of women and children.PositionOptions is seeking a Deputy Team Leader (DTL), Operations for one of the biggest global programmes to end...


  • Nairobi, Nairobi Area, Kenya Options Consultancy Services Limited Full time

    Options Consultancy Services Limited is a consultancy organisation providing technical and management expertise in the health and social sectors to governments and international development partners to transform the health of women and childrenSummary The Team Leader will provide inspirational, strategic, technical, and managerial oversight of the Quality of...


  • Nairobi, Nairobi Area, Kenya HF Group Full time

    Housing Finance Company of Kenya was incorporated as the premier mortgage Finance Institution in Kenya licensed under the Banking Act with the CDC and the GoK owning 60% and 40% respectively.Principle Accountabilities Drive Regional set targets through customer growth and retention across all lines; deposits, lending, Cards, Agent banking and NFI Deposit...


  • Nairobi, Nairobi Area, Kenya Britam Full time

    Britam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the Eastern and Southern Africa region, with operations in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique and MalawiRole This is a full-time on-site role for an Assistant Branch Team Leader at Britam in Kitengela. The...


  • Nairobi, Nairobi Area, Kenya Britam Full time

    ABOUT THE COMPANYBritam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the Eastern and Southern Africa region, with operations in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique and Malawi. The group offers a wide range of financial products and services in Insurance,...


  • Nairobi, Nairobi Area, Kenya Majorel Kenya Limited Full time

    ABOUT THE COMPANYMajorel supports clients all over the world to successfully shape their customer relationships. More than 79,000 employees in 41 countries over 127+ sites design and implement customized solutions for this purpose (For updated numbers refer Majorel website ).We create amazing customer experiences that people value and we are proud of. By...


  • Nairobi, Nairobi Area, Kenya Minet Kenya Full time

    Minet is a trusted pan-African advisor that meets the uncertainties of tomorrow by delivering risk and human capital solutions today. As the largest Aon Global Network Correspondent, Minet has access to a network of over 50,000 colleagues in 120 countries as well as proprietary data, research and analytics which enable us to manage and secure the risks of...


  • Nairobi, Nairobi Area, Kenya M-KOPA Solar Full time

    M-KOPA's mission is to make high quality energy affordable to everyone. OUR GROWTH SO FAR... M-KOPA has connected more than 400,000 homes in Kenya,Tanzania and Uganda to solar power with over 550 new homes being added every day.About JobAre you looking for an opportunity to work in a company where progress and humility are valued as highly as technical...


  • Nairobi, Nairobi Area, Kenya M-KOPA Solar Full time

    M-KOPA's mission is to make high quality energy affordable to everyone. OUR GROWTH SO FAR... M-KOPA has connected more than 400,000 homes in Kenya,Tanzania and Uganda to solar power with over 550 new homes being added every day.SummaryAre you looking for an opportunity to work in a company where progress and humility are valued as highly as technical...


  • Nairobi, Nairobi Area, Kenya Visa Full time

    Visa is a global payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories, enabling them to use digital currency instead of cash and checks.SummaryVisa's East Africa Merchant Sales and Acquiring team is seeking a Business Development Leader to join the team The person will have...

  • Team Leader

    4 weeks ago


    Nairobi, Nairobi Area, Kenya United Nations Development Programme Full time

    ABOUT THE COMPANYUNDP is the UN's global development network, advocating for change and connecting countries to knowledge, experience and resources to help build a better life. In November 1964, an agreement was signed between the Government of Kenya and the UN System. UNDP was at the time known as the Technical Assistance Board (TAB). The Resident...