Diamond Trust Bank (DTB) Recruitment – March 2026

Bank with us. Bank on us. We Are Hiring!

Diamond Trust Bank is recruiting for two Senior Bancassurance Officer positions to strengthen its bancassurance team in Tanzania.

1. Senior Bancassurance Officer (Insurance Premium Financing)

Job Purpose

Responsible for structuring, originating, executing, and managing insurance premium financing (IPF) solutions for corporate, individual, and SME clients. You’ll work closely with Corporate Relationship Managers, Credit, Risk, and Insurance Partners to grow fee income, deepen relationships, and increase insurance penetration through financing solutions.

Key Duties and Responsibilities

Business Development & Revenue Growth

• Identify eligible corporate and SME clients for insurance premium financing together with Relationship Managers.
• Structure competitive IPF proposals that match client cash-flow cycles and comply with bank credit policies.

Credit and Risk Management

• Collaborate with the Credit Department to carry out proper risk assessment of financed premiums.
• Ensure financing meets collateral, guarantee, or security requirements where needed.

Operations and Partnerships

• Coordinate with insurers and brokers to confirm policy issuance before releasing financing.

Portfolio Monitoring and Reporting

• Maintain an up-to-date IPF portfolio tracker (exposure, sector concentration, repayment status).

Requirements

• Bachelor’s degree in Business Administration, Insurance and Risk Management, Banking, Risk, Finance, or related field.
• Professional insurance qualification (CII) is an added advantage.
• 2–4 years’ experience in bancassurance or corporate insurance sales.

Personal Attributes

• Self-driven, proactive, and results-oriented.
• Strong interpersonal skills and team player.
• Confident engaging with senior corporate executives.

• Identify eligible corporate and SME clients for insurance premium financing together with Relationship Managers.
• Structure competitive IPF proposals that match client cash-flow cycles and comply with bank credit policies.
• Collaborate with the Credit Department to carry out proper risk assessment of financed premiums.
• Ensure financing meets collateral, guarantee, or security requirements where needed.
• Coordinate with insurers and brokers to confirm policy issuance before releasing financing.
• Maintain an up-to-date IPF portfolio tracker (exposure, sector concentration, repayment status).
• Identify, acquire, and manage corporate clients to increase uptake of insurance products.
• Develop and execute sales strategies to meet annual premium and commission targets.
• Deliver end-to-end client support with excellent service standards.
• Carry out regular relationship reviews with key corporate accounts.
• Ensure timely renewal of all corporate insurance policies.
• Handle accurate documentation, policy issuance, endorsements, and timely invoicing.
• Follow up on premium payments and ensure correct booking per bancassurance procedures.
• Prepare weekly, monthly, and quarterly sales performance reports.
• Track results against budget and flag any shortfalls early.

• Strong interpersonal skills
• Team player
• Confident engaging with senior corporate executives

• Bachelor’s degree in Business Administration, Insurance and Risk Management, Banking, Risk, Finance, or related field.
• Professional insurance qualification (CII) is an added advantage.