Business Development Manager – Bancassurance at Madison Group Limited

What we are looking for;

The primary responsibility of the role is to support the Bancassurance business growth strategy through Banks and Deposit Taking Micro-Institutions.
The job holder will be based at the Company’s Head Office at Madison House, Nairobi.

The Role

Key Responsibilities

• Drive growth in Bancassurance business across the Country through partnerships with Banks and Deposit taking Micro Institutions.
• Establish, grow and build the Bancassurance channel through robust relationships with banks and Deposit taking Institutions.
• Identify bancassurance business opportunities, negotiate and close business deals within the company’s quality business guidelines to increase the market share.
• Offer leadership and drive achievement of the annual, quarterly and monthly production budget targets.
• Manage quality of business, productivity and overall sales performance.
• Co-ordinate marketing activities for Banks and Deposit Taking Institutions.
• Establish and build new relationship with potential Banks, Deposit Taking Micro Institutions.
• Co-ordinate the training of Banks and Deposit Taking Micro-Institutions.
• Provide market feed to ensure quality service and underwriting standards are maintained.
• Regularly conduct market survey aimed at collecting market intelligence on products and customer satisfaction.
• Handle all queries and issues from Banks, Deposit taking Micro Institutions.

Minimum Requirements

Experience, Academic/Professional Qualifications

• A holder of a University Degree in Business, Finance or any other related field from a recognised University
• Certificate of Proficiency (COP)
• Professional Qualification in any Insurance related field is an added advantage
• At least 5 years’ experience in banc assurance especially in business development or Managerial role.
• Exposure to Bancassurance processes and procedures will be an added advantage