Bancassurance Manager
CVPeople Tanzania | Full time
Dar es salaam, Tanzania | Posted on 05/26/2022
Tanzania
Zip/Postal Code
Job Description
Reports to: AGM – Bancassurance & Retail
Location: Dar Es Salaam, Tanzania.
Main Purpose of the Job- (Job Summary)
Leadership role in distribution of General Insurance products through partner banks’ network
Main Responsibilities
- Distributing General Insurance products through partner banks’ network
- Evaluating performance of each product being distributed in view to making them more suitable
- Establishing emerging customer (banks’) needs in view to advising product development team
- Monitoring competition and advising Business Development Manager
- Establishing and developing new bank partners
- Liaising with Credit Control Department to ensure accurate Premium statements and commissions payments are sent on time
- First Level Contact Person (operations) for bank partners as per SLAs
- Ensuring satisfactory Customer Service as per SLAs. Ensuring that the MOU terms (between the company & the Bank) are honoured by both parties signatory to the MOU.
- Training of bank staff on insurance products and practices.
- Ensuring that the partner banks follow our underwriting philosophy & practices including the use of portals and web-based applications.
- 2 or 3 Key Deliverables or this position
- Delivery of the Bancassurance Premium and profitability Budget and satisfactory customer (banks) service in relation to General Business
- Responsible for Bancassurance Business Target
Requirements
Critical Success Factors for the Job
Academic Qualifications
Bachelor of Commerce/degree (Marketing)
Relevant Experience
- 6+ experience in related field preferably in the same capacity/ in General Insurance Sales.
- Experience insurance/ Banking / Finance
- Exposure to Bank operation
Functional Skills
- Market intelligence and Business development skills.
- Policy processing
- Underwriting expertise
- New idea generation
Key Competencies
- Visionary Leadership
- Entrepreneur Spirit
- Market Awareness
- Customer Focus
- Continuous Innovation
- Ownership & Commitment
- Team Spirit