4 jobs found

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 Duties:•    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.

JOB PURPOSE Provide a readily available, service-focused, knowledgeable and experienced point of contact for new and existing personal market customers. Ensure that the customers’ banking needs are identified and fulfilled efficiently and cost-effectively, while managing the risks associated with new accounts, mandates and specimen signatures. Maintain a high level of integrity and ethical standards. KEY RESPONSIBILITES Customer service Identify customer needs effectively and open new accounts accordingly. Ensure that customers are assisted efficiently within the time frames laid down for particular transaction types – refer to 5 Star processes and high 5 process. Cross-sell products effectively. Ensure that customers are fully informed of their rights and obligations to the bank in accordance with the Code of Banking Practice. Credit Implement all the required steps and controls when opening accounts to minimize the risks associated with new business. Gather complete and accurate data for the opening of loan accounts and granting of facilities. Refer matters outside scoring criteria, with the appropriate information, to Accounts Support for further investigation. Business development Grow the Executive Banking new to bank customers, balance Sheet and Income statements in line with business strategic objectives Increase branch advances by responsible lending practices Sell the bank’s products proactively Legislative compliance Conduct a needs analysis to identify customer needs effectively when opening new accounts or giving product advice, in line with Financial Advisory and Intermediary Service Act license categories. Complete disclosure to the customers in terms of accreditation, service fees, and commission. Ensure proper record keeping in terms of Financial Advisory and Intermediary Services Act as well as the Financial Intelligence Center Act requirements. Compliance Responsible for the implementation and adoption within (indicate Department Branch, or Section as appropriate) of all Compliance, Anti-Money Laundering and Sanctions related requirements contained in policies, procedures and processes. This includes the consideration and approval of customers including those that require being subjected to Enhanced Due Diligence for on-boarding and continued business. QUALIFICATIONS 3 – 4 Years branch banking experience, with exposure to customer service Degree holder from a recognized University (min – 2nd class upper or equivalent).

Job Description IMPORTANT: Write a Perfect Cover Letter in minutes and start getting interviews! Get expert advice as you write.) Use These Examples Proven to Work. The BSO Bancassurance will source, manage, retain, and report on all Sales activity in the business territory assigned and focus on the distribution of Life Insurance products across all banking channel partners to achieve business Sales Targets. The post holder will report to the Business Development Manager-Bancassurance. Strategy and Planning Ensure Sales budget is met for the branch assigned Develop field Sales plans and activities in liaison with immediate supervisor Monitor Life insurance opportunities and offer customized solutions. Execute the Life business Plan covering all insurance products across all the business based on business targets in alignment with Insurance Partners. Have great grasp of all life insurance opportunities across all segments of Retail, Community and SME. Sales Development/Operational Workflow Active involvement in selling of Life Insurance Products to meet expected targets Ensuring Sales governance procedures are followed in acquisition of business. Offer market intelligence from Assigned branch on Sales activities Ensure that all Insurance business acquired is booked and to an excellent customer experience level. Ensure Sales persistency of over 80% of business booked through exceptional customer service Use of Digital tools in sourcing, managing, and retaining life insurance business Compliance Will be responsible for compliance to the agreed renumeration model for Sales teams and offer improvement feedback from the market 100% compliance to banks policies and procedures Functional Skills Excellent knowledge l insurance products and processes, regulatory requirements as well as ability to drive Sales performance and revenues. Demonstratable relationship management skills in dealing with varied teams to push insurance agenda and purpose. Good understanding of Insurance customer experience by understanding the claims journey as per SLA’s. Demonstrated capacity to work in a team set up and collaborate with colleagues for maximum business value Visible excellent communication (written and verbal) and negotiation skills Demonstrated integrity and ethical standards SkillsBusiness Agility EducationBachelor Of Commerce Insurance Science, Certificate In Insurance Closing Date 31 March 2022

The African Development Bank (AfDB) internship program objectives are to:   Provide students with an opportunity to acquire professional and practical experience at the African Development Bank. Provide the Bank with a pool of potential candidates for future recruitment purposes. However applicants should not expect the internship to lead to immediate employment with the AfDB. ADB Internship Program Eligibility Criteria To be eligible for internship, applicants must meet the following criteria: ADB Internship Program Applicants must:   Be students, aged between eighteen (18) to thirty (30) years, and currently enrolled in a master’s level degree program or its equivalent in a recognized public or private institution of higher learning. The candidate can apply for an internship within one year of having obtained such a degree. Provide a letter from their school confirming their enrollment. Be citizens of one of the Bank’s member countries. Be fluent in, at least, one of the Bank’s working languages (English or French). ADB Internship Program Application Procedure Internship applicants are requested to attach:   A comprehensive CV and a cover letter. Copy of the latest Degree or equivalent or A recommendation letter from the academic institution they are currently attending. A brief description of the program or the topic (thesis or dissertation) to be prepared during the internship (when applicable). Please note that only complete applications will be processed. Duration / Timing / Location of Internship Internships will initially be for a period of three months, renewable for up to six months (maximum). The timing for the program is as follows:   Winter - Session I: January through March. Application period from July to October. Summer - Session II: June through August. Application period from December to end of February. Internship Program: Terms and Conditions Interns will be provided with a monthly stipend of 550 UA (Units of Accounts - AfDB moving average exchange rate applicable in July 2012 is 1 UA= $1.55644 = 1.16317 Euro = 2.30733 TND). Eligible interns will be responsible for their airfare to and from the location of their internship, their visa if needed and will be required to have international medical and accident insurance coverage for the duration of their internship.