Position: Senior Bancassurance Officer (x1)
Expected appointment date: Immediately
Division: Non Medical Insurance
Department: Business Development Location: Dar es Salaam
Overall purpose of the job:
Manage and grow relationships with Banks through distribution of insurance products so as to grow Strategis Insurance business.
Description of Core Duties and Responsibilities:
- Identify and create partnerships with Banks in order to sell insurance products through these channels.
- Grow and defend Strategis’s bancassurance market share position and partnerships.
Direct, guide, manage and offer support to Partner Banks through business and operational teams to ensure growth targets are achieved.
- Explore opportunities to develop new markets/ segments/products in line with Company sales strategy from time to time.
- Manage quality of various partnering bank business, productivity, retention and overall sales performance by monitoring the sales strategies to determine focus of sales efforts.
- Drive distribution objectives- products/target segment/reach/penetration/cross sell/up sell and participate in formulating and implementing any marketing activities/strategies and promotions.
- Drive the achievement of annual, quarterly and monthly production budgets and targets.
- Build product and local market knowledge, track competition activity and practices.
- Reporting on Bancassurance performance as prescribed by the Management.
Other Responsibilities:
- Perform any other sales duties e.g. and not limited to presentations, tenders for non-bancassurance opportunities as may be assigned from time to time.
Working Relationships:
Internal Relationships
- Responsible for any staff working under this position.
- Required to liaise and work closely with the other departments as may be necessary.
- Finance, Claims and Underwriting Departments.
External Relationships
- Strategis Insurance customers.
- Insurance sector players.
- Individual Policyholders.
- Premium Financiers.
Skills and Competencies:
- Assertiveness and self-drive and strong analytical skills.
- Excellent interpersonal, communication and negotiation skills.
- Excellent Selling and Marketing Skills.
- Good knowledge of Insurance Regulatory requirements.
- Excellent Computer and Presentation skills.
- Ability to work in a team environment, work under pressure and manage time effectively.
- Very Honest and with high integrity.
Other Competencies And Attributes:
- Develop ability to work without constant direct supervision.
- Maintain a positive attitude and contribute toward a quality work environment.
- Assist in all areas of Strategis Operations as requested by Management.
- Ability to deliver Good Customer Servic.
- Customer, market and competitor understanding.
- Ability to building good relationships with Banks.
Qualifications:
- Bachelor degree (Marketing option preferred). MBA is an added advantage.
- Professional qualification in Insurance (Certificate CII)/Diploma or Banking or equivalent is an added advantage.
- Knowledge in Insurance Banking Products is an advantage.
Work Experience:
- At least 3 years’ experience in insurance/banking/financial services 3 of which must be in management level.
Mode of Application:
All applications should have names of three official referees with their contact detail. Applications accompanied by professionally prepared CVs, copies of all supporting documents along with a recent passport size photograph should be submitted not later than 05 March 2024 to the following address.
Head of Human Resource and Administration
Strategis Insurance Tanzania Limited
- O. Box 7893 Dar es Salaam, Tanzania E-mail: [email protected]
Or delivered to:
Strategis Insurance Tanzania Limited
1st Floor, Masaki Ikon Building Plot no. 1520, Bains Avenue Masaki, Msasani
Peninsular
Note: Only shortlisted candidates will be contacted.
To apply for this job email your details to [email protected]