Head, Stanbic Bancassurance Intermediary Limited at Standard Bank Group

Job Description

The primary objective of this role is to lead the development and management of Stanbic Bancassurance Intermediary Limited. It entails driving business growth by expanding the customer base and generating income across multiple business lines. This includes ensuring effective account relationship management to enhance customer satisfaction, retention, and wallet share through the sale of diverse financial solutions offered by the subsidiary. It also covers design, implementation, and overseeing the sales strategy, operating model, and pipeline for the banking segments aligned with defined insurance products, risk parameters, and regulatory requirements to achieve set revenue targets while delivering an exceptional client experience throughout the insurance value chain. The role holder will provide strategic leadership for Bancassurance Business Development and Operations, with a strong focus on unlocking both captive and non-captive growth opportunities.

Qualifications

Type of Qualification: Degree
Field of Study: Business Commerce, Finance or any other related field
Professional Certifications: 

• Fellow/Associate of the Chartered Insurance Institute of London (FCII/ACII) Or
• Fellow/Associate of Insurance Institute of Kenya (FIIK/AIIK) Or
• Professional qualification from any other institution recognized by the Insurance Institute of Kenya (IIK)

Experience Required
Insurance
More than 10 years

• Experience in the Insurance Industry or related fields, of which at least 5 years should at a Senior Managerial capacity, having been accountable for the Sales and Distribution financial and budgetary requirements.
• Setting and overseeing the strategy and Sales target generation.

Additional Information

Behavioural Competencies:

• Developing Strategies
• Directing People
• Embracing Change
• Making Decisions
• Resolving Conflict
• Seizing Opportunities
• Upholding Standards

Technical Competencies:

• Insurance Principles
• Operational Contract Management
• Risk Perception & Assessment
• Strategic Planning and Reporting