13 August 2022

Job Opportunity at KCB Bank Tanzania, Banc Assurance Officer

  SageWAP.com       13 August 2022

Job Opportunity at KCB Bank Tanzania, Banc Assurance Officer

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.

Banc Assurance Officer Job Vacancy at KCB Bank Tanzania

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

Deadline: 2022-08-25 00:00:00

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