Position: Senior Banc Assurance Officer 

Job Summary: 

The purpose for this role is to have a dedicated resource with the appropriate skills and knowledge to  support the Bancassurance business in delivery of its sales and business development strategy.  

KEY RESPONSIBILITIES 

• Following up on outstanding premiums and yet to be renewed policies. 
• Compiling monthly Credit Life reports and to be sent to the Insurers. 
• Issuing Policies after receiving the right information. 
• Preparing of various reports of Banc Assurance unit. 
• Grow and process Insurance Premium Financing business 
• Reconciliation of Banc Assurance Accounts 
• Responsible for retention of business and support of the Bank’s sales teams and  relationship managers to grow business. 
• Ensure continuous engagement with the retail network (the bank) dealing with their  sales issues and embedding of insurance across the branches. 
• Identify product needs and generate new revenues and develop solutions in liaison  with various insurer partners or underwriters to meet current and future need of the  business and the customers. 
• Initiate partnership with insurance companies and other stakeholders for joint projects  and other business relationships 
• Ensure all regulatory requirements are met  

DAILY RESPONSIBILITIES 

• Daily tracking, management of the Insurance Premium Financing book.
• Ensure all regulatory requirements are met by ensuring compliance to the insurance  act, regulations and other guidelines 
• Recording of policies to keep track with legal and credit departments.

Requirements: 

• Bachelor degree in Insurance or its equivalent from any recognized institution
• Professional Qualifications: Sales background is an added advantage
• Banking experience added advantage  

How to apply 

Sent CV only (do not attach certificates) hr@yetumfplc.co.tz