Banc Assurance Officer job at KCB Bank
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Vacancy title:
Banc Assurance Officer

[ Type: FULL TIME , Industry: Banking , Category: Finance, Insurance & Real Estate ]

Jobs at:

KCB Bank

Deadline of this Job:
25 August 2022  

Duty Station:
Within Tanzania , Dar es Salaam , East Africa

Summary
Date Posted: Saturday, August 13, 2022 , Base Salary: Not Disclosed

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JOB DETAILS:
Banc Assurance Officer

Job Summary:
Support the Bancassurance business in delivery of its sales and business development strategy.

Job Details
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.
• Ensure all regulatory requirements are met through rigorous compliance checks and adherence to SLAS and ensuring all audit items are maintained/closed within deadlines.

DAILY RESPONSIBILITIES:
• Daily tracking, management of the Insurance Premium Financing book.
• Stakeholder’s engagement to drive growth, and support closure on time.
• Ensure all regulatory requirements are met by ensuring compliance to the insurance act and SLA’s.
• Recording of policies to keep track with legal department.

MINIMUM POSITION QUALIFICATION AND REQUIREMENTS
• Bachelor’s Degree in insurance or COP
• Professional Qualification in Sales is an Added Advantage
• A minimum of 1 year experience


Work Hours: 8


Experience in Months: 12

Level of Education:
Bachelor Degree

Job application procedure
Interested and Qualified? click here to apply

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Job Info
Job Category: Banking/ Finance jobs in Tanzania
Job Type: Full-time
Deadline of this Job: 25 August 2022
Duty Station: Dar es Salaam
Posted: 12-08-2022
No of Jobs: 1
Start Publishing: 13-08-2022
Stop Publishing (Put date of 2030): 13-08-2066
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