Bancassurance Officer

  • Ltd
  • Thika, Kenya
  • 17/05/2022
Young Professional Banking Sales

Job Description

Job Summary

To spearhead the growth of Bancassurance business across the organizational channels through supporting delivery channels, develop operating standards and grow revenues for this line of business.

  • Minimum Qualification:Bachelor
  • Experience Level:Mid level
  • Experience Length:2 years

Job Description/Requirements

•    Develop an insurance business strategy for day to day execution that results to business delivery.
•    Achieve revenue target set by management.
•    Coordinating with the company on existing/and potential lead generation to policy conversion.
•    Handling policy holder’s inquiries, objections and grievances and providing them with timely solutions.
•    Build mutually beneficial relationship with company and help in acquisition of clients with a promise of high standard service.
•    Ensure timely submission of claim documents and continuously update clients whose claims are being processed on progress of their claims
•    Ensuring premium is collected as per the laid down procedures on all insurance business transacted.
•    Champion Insurance training for branches working closely with branch management to sensitize customers on insurance products.
•    Ensure compliance with all regulatory and internal procedures in regard to bancassurance business.
•    Identify and leverage potential business opportunities seeking necessary support from the branch or Marketing Heads and participating in all business growth initiatives in the branch/ Regions
•    Build mutually beneficial relationship with company and help in acquisition of clients with a promise of high standard service.
•    Develop and appraise the workflow automated process map to ensure that efficient and conform to standards.
•    Gathering and analysis of client’s behavior needs, for better product development and pitch.
•    Conformity to financial regulations as provided for by IRA.
•    Review performances of staffs/agents.

Job Requirements
•    A university degree from a recognized institution preferably specializing in Insurance, Actuarial Science or business management
•    Professional qualification in insurance or good progress in ACII or DIP.
•    At least 2 years’ experience in the sales of motor and non-motor insurance products preferably within an insurance intermediary or Insurance Company
•    Experience in Bancassurance will be an added advantage.

Personal Attributes/Skills
•    Good planning and organization skills
•    Excellent interpersonal, and negotiation skills with the ability to network and generate new business and cross sells
•    Good Communication skills and excellent Customer service skills
•    Proficiency in the use of Microsoft office software
•    Accuracy and attention to detail
•    Ability to work independently and deliver effective solutions within strict deadlines
•    Ability to develop working relationships with a wide range of people
•    High integrity levels and ability to treat all client information with utmost confidentiality.

Interested candidates should send a detailed CV and a cover letter, not later than 31st May,2022 quoting the job title “Bancassurance Officer” on the subject line. All job applications will be reviewed on a rolling basis. Applications which do not meet the above qualifications will not be considered.