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About this job

Job Name: Business Development Manager Bancassurance
Details : 
Overall Job Purpose


The Business Development Manager – Insurance is responsible for assisting the Head of Retail in Insurance Business development and overall business oversight.  The role concentrates on driving sales and ensuring insurance penetration in the allocated branch grows, increasing productivity and monitoring performance.  This includes training, attending to complaints and queries and customer service duties.


Key Accountabilities/
Accountability: Business Direction

Co-ordinate all Bancassurance activities conducted within the branch network.
Support all Bank departments on insurance matters
Prepare management information as required
Develop new products in line with demand and business opportunities.
Provides guidance and training to bank staff on insurance matters
Manage end to end insurance process at Head office and in the branches
Comply with the insurance industry requirements as per the act or legislation.

Budget accountability:

Accountable for achieving annual income targets as cascaded from Head of Retail
Monitoring of progress towards achieving targets is done on a monthly basis.
Active involvement and accountability for making purchase/refund business decisions within set limits
Establish relationships with key clients or business influences in the local areas.

Accountability: Risk Management

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, renewals, informing and ensuring compliance to the insurance act, internal Exim policies and policy standards.
Ensuring staff dealing with insurance adequately trained
Ensuring claims process is followed and adhered to by both staff and branches.
Visits to outlets to ensure correct adherence to processes and procedures.
Timely communication of all changes relating to insurance activities or requirements
Responsible for all audit matters on insurance in the branches.
Understand and manage risks and risk events (incidents) relevant to the role.

Qualification and Experience

Degree in insurance or any other related field.
Certification will be added advantage
A minimum of 5 years’ experience supported by Banking experience.

Relevant Competencies

Deciding and Initiating Action
Achieving Personal Work Goals and Objectives
Delivering Results and Meeting Customer Expectations
Planning and organizing
Persuading and Influencing
Relating and networking

 
HOW TO APPLY

Please send your application to hrrecruit@eximbank.co.tz