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