Team Leader – Business Retention

1 month ago


Nairobi, Nairobi Area, Kenya Old Mutual Full time

ABOUT THE COMPANY

Old Mutual Kenya provides investment, savings, life assurance, asset management, banking and property and casualty insurance in Africa, Europe, the Americas and Asia. We have over 17 million customers and approximately employees.

JOB 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.SKILLS AND COMPETENCIESCompetencesStrong 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.QualificationsBachelor's degree in business administration, Marketing, or a related field.Above 5 years' experience in business retention or account managementDemonstrate progress towards attaining insurance professional qualification

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.

REQUIRED SKILLS

Strategizing, Negotiation, Collaboration, Team leadership, Customer relations

REQUIRED EDUCATION

Bachelor's degree



  • 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.SUMMARYAs a Team Leader - Business Retention, you will be...

  • Sales Team Leader at

    1 month ago


    Nairobi, Nairobi Area, Kenya Stellar Human Resource Solutions Full time

    We are a Human Resource Management Consulting Company based in Nairobi Kenya providing a comprehensive range of Human Resources Solutions with your business needs and focus in mind.Duties and Responsibilities: Take the leadership role as the Team Leader and mentor the staff towards the achievement of the company's strategic objectives. Ensure the company...

  • Service Team Leader

    1 month ago


    Nairobi, Nairobi Area, Kenya Rentokil Initial Full time

    Rentokil Initial is a Global services company employing over 35,000 colleagues across 70 countries. The Company is at the cutting edge of technology and innovation as it strives to protect people and enhance lives, by controlling pests, improving hygiene and improving interior spaces with plants and scenting.SummaryThe primary duty of this role is to guide,...


  • Nairobi, Nairobi Area, Kenya Old Mutual Full time

    ABOUT THE COMPANYOld Mutual Kenya provides investment, savings, life assurance, asset management, banking and property and casualty insurance in Africa, Europe, the Americas and Asia. We have over 17 million customers and approximately employees.JOB SUMMARYWe are seeking a dynamic and experienced Team Leader to join our Corporate New Business Development...


  • Nairobi, Nairobi Area, Kenya Old Mutual Full time

    ABOUT THE COMPANYOld Mutual Kenya provides investment, savings, life assurance, asset management, banking and property and casualty insurance in Africa, Europe, the Americas and Asia. We have over 17 million customers and approximately employees.JOB SUMMARYWe are seeking a dynamic and experienced Team Leader to join our Corporate New Business Development...


  • 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 weeks 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...


  • Nairobi, Nairobi Area, Kenya Premier Bank Full time

    At a glance we are a bank that leverages cutting-edge technology to empower customers, Business and revolutionize their banking experiences. With a focus on customer-centricity, we are not just about offering another banking option; it's about delivering a transformative end to end banking experience.Job Summary:A Team Leader Sales is responsible for:...


  • Nairobi, Nairobi Area, Kenya Premier Bank Full time

    At a glance we are a bank that leverages cutting-edge technology to empower customers, Business and revolutionize their banking experiences. With a focus on customer-centricity, we are not just about offering another banking option; it's about delivering a transformative end to end banking experience.Job Summary:A Team Leader Sales is responsible for:...

  • Sales Team Leader at

    2 weeks 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...

  • Sales Team Leader at

    1 month ago


    Nairobi, Nairobi Area, Kenya Mwananchi Credit Ltd Full time

    Mwananchi Credit Limited was incorporated as a private limited company under the Companies Act (Cap 486) of the Laws of Kenya. It initially started operations under the names Mwananchi Microlink Ltd which was incorporated on 15th April 2010. On 10th January 2012, it later changed its names to Mwananchi Credit Limited.SummaryThe Sales Team Leader is...


  • 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.SUMMARYRelationship Manager – Managing and retaining good...


  • 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

    1 month ago


    Nairobi, Nairobi Area, Kenya Jubilee Insurance Full time

    Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa in 1937. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, general and Medical insurance.Role PurposeThe job holder will be responsible...


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

    JOB DESCRIPTIONPosition: Customer Retention SupervisorReporting to: Head of Customer ServiceLocation: NairobiRole type: Full-Time About SunCulture:Founded in 2012, SunCulture's Vision is to build a world where people take control of their environment in rewarding and sustainable ways. SunCulture does this by developing and commercializing life-changing...

  • Team Leader

    1 month ago


    Nairobi, Nairobi Area, Kenya Abt Associates Full time

    Abt Associates is a global leader in research, evaluation and program implementation; driving innovation and measurable impact for more than 50 years. What sets us apart is our evidence-based and multi-disciplinary approach to solving tough challenges in health, social and environmental policy and international developmentSummaryAbt Global Britain is seeking...

  • Team Leader

    3 weeks 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...

  • Sales Team Leaders

    4 weeks ago


    Nairobi, Nairobi Area, Kenya Stan Consulting Group Limited Full time

    Our History Stan Consulting Group Limited was established in the year 2009, with an objective of providing a wide range of consulting services to our clients. We (SCG Ltd) are NITA Approved trainer (NITA/TRN/805) and IHRM certified trainer (IHRM C00304)SummaryThe Banking Sales Team Leader is responsible for leading a team of banking sales representatives to...

  • Sales Team Leaders

    1 month ago


    Nairobi, Nairobi Area, Kenya Stan Consulting Group Limited Full time

    Our History Stan Consulting Group Limited was established in the year 2009, with an objective of providing a wide range of consulting services to our clients. We (SCG Ltd) are NITA Approved trainer (NITA/TRN/805) and IHRM certified trainer (IHRM C00304)SummaryThe Banking Sales Team Leader is responsible for leading a team of banking sales representatives to...


  • 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...