Bancassurance Operations Manager job at Old Mutual Kenya
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598 Days Ago
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Vacancy title:
Bancassurance Operations Manager

[ Type: FULL TIME , Industry: Financial Services , Category: Management ]

Jobs at:

Old Mutual Kenya

Deadline of this Job:
Monday, April 10 2023 

Duty Station:
Within Kenya , Nairobi, East Africa

Summary
Date Posted:Monday, April 10 2023, Base Salary: Not Disclosed

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JOB DETAILS:

Job Description
1. Business Revenue Generation through Offering Specialist insurance classes (General Insurance, Retail Life Insurance, & Last expense)
2. Enhancing capacity to distribute such specialist classes for the existing banks channels and expansion to the general insuring public. This capacity entails formulating strategies for the intermediary business growth in these areas and to the existing bank customers from various business segments and regions. The role also requires one to build, nurture and manage a team in Claims and Underwriting to ensure growth of business, establishing, and managing business relationships and ensuring high customer service standards are maintained in line with the overall strategic plan.

KEY RESPONSIBILITIES

Business processes that are IT supported.

100% utilization of all Modules within the Core bancassurance system “Rensoft” Full tracking of all customer requests trough CRM for efficiency. Utilization of EDRMS for leads and opportunities generation.

Product knowledge creation insurance specialist classes
Full product knowledge of key product lines, underwriting guidelines and claim processing. Product creation and bundling capabilities.

Financial Business Development and Reporting

Generating Commission Revenue for Bancassurance products from bank and non-bank customers with Special attention to specialist insurance classes. Management report (Performance, Board, Regulatory, Product performance and any Other report)

People Management

Lead, counsel and motivate the Operations team. Ensure retention of the operation officers. Co-ordinate the relationship of the business development with the operations team.

Compliance

Ensure all instructions sent to underwriters are accompanied by risk notes. Ensure client furnish us with KYC documents before cover is placed in rensoft. Ensure compliance with approved SOPs(Standard Operations Procedures) Ensure the credit policies set are always met.
Policy Administration-Ensure quality control in all aspects of processing as stipulated in the procedures and product manual.

Education
First Degree with professional Insurance qualification
Membership to a professional body

Desirable
Relevant master’s degree

Knowledge and Skills
1. People management skills
2. Negotiation skills
3. Report writing
4. Analytical skills
5. Exposure to Rensoft, Tankey or AIMS Systems are necessary.
6. Computer Knowledge

Experience
At least 5 years Insurance experience with exposure in Underwriting and Claims Management

Personal Attributes

1. Confident
2. High Integrity & confidentiality
3. Due Diligence
4. Attention to Detail


Work Hours: 8


Experience in Months: 60

Level of Education:
Bachelor Degree

Job application procedure

Interested and Qualified, Click here to Apply


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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Management jobs in Kenya
Job Type: Full-time
Deadline of this Job: 17 March 2023
Duty Station: Nairobi
Posted: 03-04-2023
No of Jobs: 1
Start Publishing: 03-04-2023
Stop Publishing (Put date of 2030): 20-04-2066
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