Senior Specialist Corporate – Bancassurance at CRDB Bank Plc

CRDB JOB OPPORTUNITIES JULY 2024
We are a collection of individuals who believe in excellence. We are
always on the look out for fresh talent and we hiring people who have
the drive to succeed and the will to implement the discipline required
to succeed. We focus on nurturing our team and providing our team with
an environment that is conductive to creative thought.

Senior Specialist Corporate – Bancassurance
Department DEPARTMENT OF RETAIL BANKING
Location Tanzania Head Office
Number of openings 1
Job Purpose
Responsible
to grow and manage Corporate Bancassurance portfolio and to identified
business opportunities for all lines of business within a unit ;
responsible for retention thus achieving the delivery of the Business
Budget as well as ensuring sustainable, profitable business operations.

Principle Responsibilities

• Responsible in overseeing the daily insurance sales in the respective business unit.
• Ensures compliance with organizational policies, procedures and quality standards including TIRA.
• Works
  in close coordination with different stakeholders to develop corporate
  business strategy and articulate action plans to drive the focus of
  business towards archiving the company objectives.
• Undertakes internal and external training initiatives to expand the technical skills of Underwriters across the Banks.
• Responsible
  in ensuring all renewals are done on time and ensure maximum client
  retention while generating more leads and support in closing of the
  same.
• To drive and support Zonal and Branch managements in terms of renewals and business acquisitions for Corporate Portfolio.
• Validate all proposals/inquiries/quotation received directly or through the Branches for compliance.
• Provides
  underwriting technical guidance on matters related to defining scope of
  cover, development of policy terms, premium finance, tenor of coverage
  etc. to Zone and branches in ensuring the achievement of the targets.
• Analyse sales data on sales results and develop plans to address performance gaps.
• Responsible for proposing and implementing cost effective solutions for the efficient and effective operations of the Bank
• Find new customers and persuade existing ones to buy extra services/products (Cross and upselling).
• Submission
  accurate, quality and timely business reports and use these to compile
  departmental reports for review by senior management and the Bank
  management in terms of Daily, Weekly and Monthly.
• Gathering information from clients, assessing their insurance needs and risk profile;
• Building
  and maintaining ongoing relationships with clients including scheduling
  and attending meetings and understanding the nature of clients’
  businesses or lives;
• Researching insurance companies’ policies
  and negotiating with underwriters to find the most suitable insurance
  for clients at the best price;
• Arranging specialized types of
  insurance cover in complex cases; this may involve preparing reports for
  insurance underwriters and surveyors and negotiating with insurers;

OTHER RESPONSIBILITIES:

• To
  participate in driving the different Insurance marketing
  initiatives/campaigns. This will include ad hoc activities/promotions
  for the branches and media.
• To steer the development of new products with the other departments.
• Oversee the process of bidding the tenders and after sale services to corporate clients.

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Qualifications Required

• Bachelor’s
  degree in insurance/risk management/ business administration any
  related Business subjects from accredited higher learning institution.
• Presence of Certificate in Proficiency in Insurance (COP)/ Certificate in Insurance (CII)
• 5 years’ experience within the Insurance Industry with the 4 years’ sales experience.
• Ability to cross sale all lines of Insurance Business (General, Life, Medical and Agriculture)
• Self-starter & Resilient
• Expertise in medical and general Insurance business
• Excellent planning & organization skills with ability to Multitask .
• Excellent Interpersonal & communication skills both written and verbal.

CRDB
Bank is dedicated to upholding Sustainability and ESG practices and
encourage applicants who share this commitment. The Bank also promotes
an inclusive workplace, hence applications from women and individual
with disabilities are encouraged.

It is important to note that
CRDB Bank does not charge any fees for the application or recruitment
process, and any requests for payment should be disregarded as they do
not represent the bank’s practices.
Only Shortlisted Candidates will be Contacted.
Deadline 2024-07-03
Employment Terms PERMANENT