The Bancassurance Relationship Manager is responsible for building and maintaining strong relationships with insurance partners, bancassurance agents in branches, identifying business opportunities, and collaborating with internal stakeholders to promote insurance products through the bank’s channels, driving sales growth and customer satisfaction.
Responsibilities:
- Develop and maintain strong relationships with insurance partners, bancassurance agents, ensure regular communication and feedback and resolve issues and conflicts in a timely manner
- Identify and pursue new business opportunities
- Develop and execute strategies to grow bancassurance business
- Collaborate with sales teams to promote insurance products
- Analyze sales performance and provide insights for improvement
- Develop and implement plans to achieve sales targets
- Make follow up through the insurance claim process, provide ongoing support for policy renewals, and address inquiries regarding insurance products
- Prepare and submit regular reports on monthly to insurance companies and quarterly basis to be submitted to ARCA in copy of BRB
- Prepare and submit regular reports on sales performance and business development to Bancassurance Manager
- Manage commission claims from insurance companies and collaborate on additional tasks to streamline and enhance bancassurance operations
- Meet and achieve bank sales targets for insurance products
- Stay up-to-date on insurance products and services; to provide accurate and effective recommendations
- Perform any other duties assigned by Bancassurance Manager
- Bachelor’s degree in finance, Banking and Insurance or Business Administration
- Previous experience in sales at least 3 years, in insurance or banking industry
- Market Awareness
- Strong understanding of insurance products
- Knowledge of banking products and services
- Sales and Marketing
- Proven experience in sales, preferably in insurance, banking, or financial services
- Strong interpersonal and relationship-building skills
- Strong sales and negotiation skill
- Ability to explain complex information clearly and concisely
- Sales-driven with a customer-focused approach
- Knowledge of industry regulations
- Excellent communication and interpersonal abilities in languages: Kirundi, French, English
- Customer-oriented with problem-solving capabilities
- Ability to work independently and as part of a team
To submit your application, please follow the link provided below. https://careers.crdbbank.co.tz/jobs