BANCASSURANCE OFFICER
Deadline: Wednesday, May 8, 2019 – 23:59
About us
At Co-op Bank, we are an equal opportunity employer who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment. The “Kingdom Bank” is the place for those looking to new horizons. We thrive on a successful universal banking model as well as ride on a unique Co-operative model providing innovative financial solutions for distinctive customer experience. Guided by our values, we seek to bolster our market position in the region, by leveraging on our wide range of innovative financial solutions with a focus on delivering excellent customer experience by a highly motivated and talented team.
About the Person
You are dynamic, creative, self-driven and highly motivated experienced professional with a good Knowledge of the principles and practices of bancassurance, keen, aware of market patterns and with a genuine interest of the Insurance Industry. If this sounds like you, seize this opportunity, break new ground and move into new horizons!
About the Role
Reporting to the Branch Manager, the Bancassurance Officer will be charged with the responsibility of establishing and driving Bancassurance as a key business line. In addition, the role holder will spearhead the growth of bancassurance business across the Bank channels through supporting delivery channels, develop operating standards and grow revenues for this line of business.
THE ROLE
- Drive growth in Bancassurance business across and outside the bank channels.
- Prospect and market various insurance products to prospective clients and advice customers on the adequacy of cover .Oversee the operational aspects of Bancassurance business at the branch i.e. underwriting, claims, finance and customer service as well as preparation of quotations, negotiating terms for customers and closing sales.
- Ensure that booked insurance portfolio is renewed on time and that the premium is settled as per guidelines.
- Carry out market research and provide customer feedback to our head office Bancassurance team for the development of new products and enhancement of existing ones to suite the various market segments.
- Ensure that all queries on technical insurance issues from customers and branch staff are addressed promptly while providing technical guidance.
- Ensure compliance with all regulatory and internal procedures in regard to bancassurance business.