Job purpose

The role holder will be responsible for analyzing the bancassurance channel and identifying and implementing opportunities to increase efficiency and profitability to ensure the consistent growth of the Bancassurance Channel and support the smooth running of all channel operations.

Key Responsibilities

Effectively work with your supervisor in the analysis of the performance of the Bancassurance Channel and propose and implement initiatives for the growth of the channel.

Prepare accurate and competitive quotations for bancassurance business.

Follow up renewals to ensure business retention is optimised and the prescribed retention ratio is achieved.

Effective relationship management to drive sustained business relationships with the banks.

Drive the achievement of the sales revenue targets of the different Bancassurance Agents.

Conduct checks on the productivity of the Bancassurance Agents and ensure adherence to company and regulatory requirements with support from the Bancassurance channel lead.

Support the smooth running of the Bancassurance operations as guided by the Bancassurance lead.

Support on training initiatives of the Bancassurance agents.

Prepare timely reports for the channel as and when need arises.

Deliver on performance requirements as defined in the department’s strategy map and Personal Scorecard.

Perform any other duties as assigned

Key Performance Measures

Execution of departmental strategy

Bancassurance Revenue Growth

100% Compliance

Timely reports

Working Relationships

External Relationships:

Bancassurance Agents

Knowledge, experience and qualifications required

• Bachelor’s degree in a business related field
• Demonstrated proficiency in computer/software packages e.g. Microsoft Word, Excel, and PowerPoint etc.
• 2-3 years’ experience in a similar position
• Experience working with diverse teams
• Experience working in the financial services sector with focus on business development is an added advantage