+254 (0)720 765 496 MON - FRIDAY 7 AM TO 4:30 PM
Make a selection EMPLOYER JOB SEEKER

Current Jobs

Home / Overview

HEAD OF BANCASSURANCE – BANKING SECTOR (JOB REF: MN 7595)

Published: August 10, 2018
Location
Nairobi, Kenya
Category
Job Holder Reports to
Head of Business Growth
Minimum Education(e.g O-level, University Degree)
A degree in a business related field i.e. Bachelor of Commerce, Business Studies, Economics or Insurance
Minimum Experience(in years)
At least 5 years of Insurance sales experience with proven track record for delivery of superior results

Description

JOB PURPOSE

Reporting to the Head of Business Growth, will be responsible for business development & growth of the Bancassurance portfolio by working closely with Senior Management and Leadership Team, Branch Management teams, Credit and other stakeholders in the Bank.

JOB PROFILE

  • Develop strategy to integrate Insurance business in banks as per the Business plan to grow customer numbers and gross written premium
  • Provide overall leadership of the Agency activities
  • Ensure compliance with the regulators
  • Develop relationship with various underwriters/partners to develop innovative Bancassurance products for banks' customers as per the customer value proposition
  • Provide leadership in product awareness training
  • Ensure efficiency of the insurance processes by developing and signing SLA’s with service providers
  • Drive global Bancassurance Sales performance in liaison with business segment heads
  • Gather market intelligence on Bancassurance trend and keep management informed
  • Drive efficiency and profitability of Bancassurance operations
  • Keep the Board and management updated on Bancassurance strategic initiatives and performance
  • Any other duties that may be assigned by the supervisor

Other Key Responsibilities:

a) New Product Development

  • Liaise with Insurance partners and Internal stakeholders to review and /or develop Insurance products

b) Staff functions

  • Training all the staff in insurance products and sales techniques
  • Drive performance management for insurance sales and back office teams

c) Bankwide AML KYC & CFT Responsibilities

  • Communicating and reinforcing the AML-CTF compliance culture established by the Board
  • Implementing and enforcing the board-approved AML, KYC & CFT policy within the Department, Unit or Branch

PERSON PROFILE

  • A degree in a business related field i.e. Bachelor of Commerce, Business Studies, Economics or Insurance
  • Masters in a business related field will be an added advantage.
  • At least 5 years of Insurance sales experience with proven track record for delivery of superior results. Bancassurance experience is desirable.
  • A detailed knowledge of Life and General Insurance products
  • A good knowledge of banking products and services to facilitate cross-selling.
  • Sales management; Motivational and inspirational skills; Leadership Skills; Interpersonal skills; Negotiation skills; Presentation skills; Good communication skills; and Report writing skills are required

APPLICATION INSTRUCTIONS

  • Email a copy of your CV and Cover Letter to recruit@manpowerservicesgroup.com
  • Ensure you indicate your current or past monthly salary in your cover letter
  • NOTE: Please DO NOT apply using the apply online button. Apply to the email address mentioned above ONLY!
CLOSING DATE: 17TH AUGUST 2018

 

Apply
Drop files here browse files ...






CLIENTS WE HAVE RECRUITED FOR


MANPOWER SERVICES

Incorporated in 1990 with Manpower Services (K) Ltd as the first operating company. Manpower Services (U) Ltd followed and lastly Manpower Services (T) Ltd. The Group Managing Director sits in Nairobi. Each country is headed by a Country General Manager or Country Manager reporting to the Group Managing Director.

Are you sure you want to delete this file?
/