Summary
Date Posted: Friday, March 10, 2023 , Base Salary: Not Disclosed

JOB DETAILS:
Insurance Specialist, Banc Assurance

Key Areas of Responsibility
• Identify insurance business opportunities, within the bank branch for long term and short term.
• Negotiate and close business deals within the guidelines provided.
• Drive achievement of the annual, quarterly and monthly production budget targets. Ensure the business generated are within the guidelines provided relating to quality.
• Seek accurate and competitive quotations for all the products lines and ensure they are delivered promptly to bank’s prospective clients.
• Build up detailed knowledge about the company’s products and keep abreast of market conditions and developments.
• Conduct continuous product training for assigned bancassurance RMs & officers.
• Manage and maintain existing bancassurance client relationships to identify opportunities for cross-selling, areas of growth and new business acquisition.
• Exploit synergy within the bank distribution channels.
• Liaise with internal departments to ensure customer instructions are executed within the set timelines to enhance levels of customer satisfaction, increase sales opportunities and thereby maximize revenue for the organization.
• Actively monitor customer preference and enhance business retention by offering solutions and services that meet or predict the existing clients’ future needs.
• Ensure credit control policy is adhered to in respect to business on boarded
• Prepare timely, accurate, informative reports on performance of the distribution channel.

Minimum Qualifications:
• Bachelor’s degree in Marketing, Insurance, Economics, Actuarial Science, or other business-related discipline.
• Progress towards Diploma in Insurance (ACII or AIIK), (at least 3 papers or
• equivalent).
• 2 years’ experience in insurance industry.

Core Competencies
• Sales and marketing skills.
• Insurance product knowledge.
• Stakeholder management skills.
• Understanding of insurance operations and concepts.
• Knowledge of insurance regulatory requirements.
• Knowledge of underwriting processes, procedures and concepts.
• Knowledge of banc assurance operations.
• Delivering results and meeting customer expectations.
• Following instructions and procedures.
• Analytical skills.
• People skills.

Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

Job application procedure
Use the link(s) below to apply on company website.
• Insurance Specialist, Banc Assurance 
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