Background

With 75 years of experience, our focus is on helping the most vulnerable children overcome poverty and experience fullness of life. We help children of all backgrounds, even in the most dangerous places, inspired by our Christian faith.

Come join our 33,000+ staff working in nearly 100 countries and share the joy of transforming vulnerable children’s life stories!

Key Responsibilities:

• Takes responsibility as an insurance intermediary for both life and non-life business placement and underwriting end to end process of all the risks placed through the Bank.
• Takes responsibility as an insurance intermediary for both life and non-life incurred and reported claims with the end-to-end claims processes.
• Makes proactive and clear communications to relevant stakeholders.
• Complies with VFT Bancassurance Policy, Manual and all availed Bank manuals that directly or indirectly support the Bancassurance function.
• Initiates and manages all Bancassurance transactional reconciliations to give an accurate financial position of the Unit to the Bank at all times.
• Prepares and shares timely and accurate periodic reports
• Creates and manages accurate record keeping files that are accessible to relevant stakeholders at all times.
• Arranges competitive placement of insurance covers through insurers on the Bank’s Bancassurance panel.
• Records all policy details in the Bancassurance tracker and update the Bank shared folder.
• Monitors, follows-up and updates the underwriting register on outstanding and paid premiums, commissions and admin fees which inform the Bank’s contribution to the insurance industry through the quarterly returns to TIRA.
• Records all claims reported in the Bancassurance claims register and follow-up on the pending claims with insurers.
• Responds to all inquiries as may be required in guidance of the Bancassurance Policy and Manual.

• Takes responsibility as an insurance intermediary for both life and non-life business placement and underwriting end to end process of all the risks placed through the Bank.
• Takes responsibility as an insurance intermediary for both life and non-life incurred and reported claims with the end-to-end claims processes.
• Makes proactive and clear communications to relevant stakeholders.
• Complies with VFT Bancassurance Policy, Manual and all availed Bank manuals that directly or indirectly support the Bancassurance function.
• Initiates and manages all Bancassurance transactional reconciliations to give an accurate financial position of the Unit to the Bank at all times.
• Prepares and shares timely and accurate periodic reports
• Creates and manages accurate record keeping files that are accessible to relevant stakeholders at all times.
• Arranges competitive placement of insurance covers through insurers on the Bank’s Bancassurance panel.
• Records all policy details in the Bancassurance tracker and update the Bank shared folder.
• Monitors, follows-up and updates the underwriting register on outstanding and paid premiums, commissions and admin fees which inform the Bank’s contribution to the insurance industry through the quarterly returns to TIRA.
• Records all claims reported in the Bancassurance claims register and follow-up on the pending claims with insurers.
• Responds to all inquiries as may be required in guidance of the Bancassurance Policy and Manual.