Bancassurance Relationship Manager job at Jubilee Insurance
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497 Days Ago
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Vacancy title:
Bancassurance Relationship Manager

[ Type: FULL TIME , Industry: Insurance , Category: Sales & Retail ]

Jobs at:

Jubilee Insurance

Deadline of this Job:
12 December 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Friday, December 09, 2022 , Base Salary: Not Disclosed

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JOB DETAILS:

Job Ref. No. JHIL053

Role Purpose
The job holder will be responsible for building, maintaining and growing Bancassurance relationships and increase revenue by delivering a world class customer service in a very pro-active manner. He/she must meet the 95% retention target, increase portfolio profitability – not exceeding 65% (net claims ratio) - and grow the portfolio through upselling of benefits, proper loading, and claims control.

Main Responsibilities
• Proactively manage allocated bancassurance retail portfolio by retaining (95% retention target), maintaining, increasing premium & lives volume through organic growth and by selling additional benefits and enhancements.
• Provide a dedicated and comprehensive service to Bancassurance intermediaries/clients, always acting as the primary point of contact between Client/Bank and JHIL and deliver the highest level of customer care to meet and exceed expectations.
• Organization and timely attendance of regular client/bank meetings. Take minutes and include required actions with TATs for circulation to all attendees and Team Leader. Ensure all required action as agreed is acted upon correctly and within TAT’s.
• Identify service gaps and address the same
• Gathering of market intelligence on all renewals including tender business and working with BSO’s support to ensure no business is lost due to pricing.
• Ensure clients are provided with correct quotes for new and existing business in a timely manner, revisions are prompt and in accordance with specified requirements and JHIL renewal and risk strategy. Follow the renewal process and secure renewals of assigned schemes within TAT’s
• Any other duties that may be assigned by the management.

Key Competencies
• Relationship Management skills
• Customer Focus & market awareness
• Excellent communication, analytical and presentation skills.
• Excellent interpersonal, and negotiation skills with the ability to network
• Excellent data skills, Report writing and Presentational skills
• Ability to priorities & deliver within set timelines
• Excellent Sales and Client relationship skills.
• Demonstrate sound knowledge of Banking industry and an understanding of banking business and operations.
• Excellent underwriting and product development knowledge
• Great Attention to details
Qualifications
• University Degree from an institution recognized by the Commission for Higher Education
• AIIK Diploma / BCOM (Insurance), BSC (Actuarial Science)/ CII Diploma or any insurance related qualification is an added advantage.
• Experience in handling SME/Corporate Clients
• Experience in the Health underwriting, sales of health Insurance products preferably within an insurance intermediary or Insurance Company.

Relevant Experience
• 5 years’ experience in the insurance industry preferably in client servicing.


Work Hours: 8


Experience in Months: 60

Level of Education:
Bachelor Degree

Job application procedure

If you are qualified and seeking an exciting new challenge, please apply via Recruitment@jubileekenya.com  quoting the Job Reference Number and Position by 12 th December 2022


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Job Info
Job Category: Sales jobs in Kenya
Job Type: Full-time
Deadline of this Job: 12 December 2022  
Duty Station: Nairobi
Posted: 09-12-2022
No of Jobs: 1
Start Publishing: 09-12-2022
Stop Publishing (Put date of 2030): 09-12-2066
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