Jobs Career Advice Signup
X

Send this job to a friend

X

Did you notice an error or suspect this job is scam? Tell us.

  • Posted: Mar 9, 2017
    Deadline: Mar 17, 2017
    • @gmail.com
    • @yahoo.com
    • @outlook.com
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. This status was retained up to and until June 27th 2008 when the Bank's Special General Meeting...
    Read more about this company

     

    Bancassurance

    Reporting to the Branch Manager, the Bancassurance Officer will be charged with the responsibility of establishing and driving Bancassurance as a business line in Retail Banking Division.

    In addition, the role holder will spearhead the growth of bancassurance business across the Bank channels through supporting delivery channels, develop operating standards and grow revenues for this line of business.

    Bancassurance Officer Job Responsibilities

    • Drive growth in Bancassurance business across and outside the bank channels.
    • Prospect and market various insurance products to prospective clients and advice customers on the adequacy of cover requested for in relation to the policies available.
    • Oversee the operational aspects of Bancassurance business at the branch i.e. underwriting, claims, finance and customer service as well as preparation quotations, negotiating terms for customers and closing sales.
    • Ensure all collaterals and assets that have the Bank interest are properly and comprehensively insured and the Bank’s interest properly noted.
    • Ensure that the Bank, customers and staff insurable assets insured under the branch are renewed on time and that the premium is paid up.
    • Carry out market research and provide customer feedback to our head office Bancassurance team for the development of new products and enhancement of existing ones to suite the various market segments.
    • Ensure that all queries on technical insurance issues from customers and branch staff are addressed promptly while providing technical guidance.
    • Ensure compliance with all regulatory and internal procedures in regard to bancassurance business.

    Qualifications for the Bancassurance Officer Job

    • University Degree preferably in a business field from a recognized University with at least two years working experience in bancassurance/insurance industry.
    • Professional qualification in insurance or good progress in ACII or DIP.
    • 2 Years insurance marketing and/or underwriting experience.
    • Exposure to Insurance products in the bank set-up with knowledge of the Bank’s set standards, policies and the operating manual.
    • Excellent communicator with ability to work effectively in a diversified set up and in a highly collaborative team environment.
    • Proven ability to respond quickly, independently and appropriately to competing priorities under tight deadlines.
    • Personal organization and thoroughness coupled with the ability to work under minimum supervision with good Judgment and decision making skills.
    • Knowledgeable in compiling data and preparing a variety of reports as well as ability to verify the accuracy of documents and information presented.

    go to method of application »

    Business Development Officer

    Reporting to the Head-Bancassurance, the Business Development Officer will be responsible for leading the Bancassurance Officers to effectively deliver consistent performance and meet both premium & revenue goals.

    He/She will lead the team to consistently deliver exceptional customer experience, maximizing new business opportunities and deepening existing relationships.

    Business Development Officer Job Responsibilities

    • Assess and articulate bancassurance strategy across the bank and maximize the potential opportunities across all segments.
    • Carry out market research, development of new insurance solutions and enhancement of existing ones to suite the various market segments.
    • Drive new business & renewals to achieve set revenue targets through acquisition of new business and deepening of relationships with existing customers across all segments.
    • Monitoring and driving team performance targets in line with set targets.
    • Optimize Insurance P&L and balance sheet performance as well as other Key Performance Indicators.
    • Collaborate with RMs and Branch Managers to drive bancassurance business.
    • Coach own team to enable delivery of Bancassurance results and seek to embed a strong performance culture through inspiring, motivating and rigorous performance management discipline.
    • Exercise sound commercial judgment & resolve issues appropriately while ensuring compliance with external and internal regulations and policies covering Operational, Credit, Reputational and People Risk.

    Qualifications for the Business Development Officer Job

    • A Bachelor’s degree in a business related field and preferably with an Insurance specialization.
    • ACII Diploma or Equivalent professional qualifications in Insurance will be an added advantage.
    • At least 4 years relevant management experience in managing insurance sales teams.
    • Experience in product development, strategy formulation & execution and sales activation.
    • Very good understanding of Insurance Sales – both General and Life insurance products.
    • Demonstrated successful track record on delivery of results with the ability to work well in a team, as well as manage multiple priorities in quick time frames.
    • Excellent communication & interpersonal skills coupled with the ability to deal professionally, confidently and effectively with stakeholders at all levels, internally and externally and to establish new client relationships and generate new business.

    Method of Application

    If you are confident that you fit the role and person profile and you are keen to add value to your career then please forward your application enclosing detailed Curriculum Vitae to jobs@co-opbank.co.ke indicating the job reference number by 17th March, 2017.

    Reference number:

    Bancassurance - BO/1/RBB/2017

    Business Development Officer - BDOB/RB/2017

    We are an equal opportunity employer

    Build your CV for free. Download in different templates.

  • Apply Now
  • Send your application

    View All Vacancies at Co-operative Bank of Kenya Back To Home

Subscribe to Job Alert

 

Join our happy subscribers

 
 
Send your application through

GmailGmail YahoomailYahoomail