Senior Bancassurance Officer at Strategis Insurance Limited

Senior Bancassurance Officer at Strategis Insurance Limited

Senior Bancassurance Officer at Strategis Insurance Limited

Strategis Insurance Tanzania

Dar es Salaam

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

P.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]