Insurance Specialist, Banc Assurancejob at Stratostaff
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22 Days Ago
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Vacancy title:
Insurance Specialist, Banc Assurance

[ Type: FULL TIME , Industry: Consulting , Category: Finance, Insurance & Real Estate ]

Jobs at:


Deadline of this Job:
22 March 2023  

Duty Station:
Within Kenya , Nairobi , East Africa

Date Posted: Friday, March 10, 2023 , Base Salary: Not Disclosed

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Learn more about Stratostaff
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Insurance Specialist, Banc Assurance

Key Areas of Responsibility
• Identify insurance business opportunities, within the bank branch for long term and short term.
• Negotiate and close business deals within the guidelines provided.
• Drive achievement of the annual, quarterly and monthly production budget targets. Ensure the business generated are within the guidelines provided relating to quality.
• Seek accurate and competitive quotations for all the products lines and ensure they are delivered promptly to bank’s prospective clients.
• Build up detailed knowledge about the company’s products and keep abreast of market conditions and developments.
• Conduct continuous product training for assigned bancassurance RMs & officers.
• Manage and maintain existing bancassurance client relationships to identify opportunities for cross-selling, areas of growth and new business acquisition.
• Exploit synergy within the bank distribution channels.
• Liaise with internal departments to ensure customer instructions are executed within the set timelines to enhance levels of customer satisfaction, increase sales opportunities and thereby maximize revenue for the organization.
• Actively monitor customer preference and enhance business retention by offering solutions and services that meet or predict the existing clients’ future needs.
• Ensure credit control policy is adhered to in respect to business on boarded
• Prepare timely, accurate, informative reports on performance of the distribution channel.

Minimum Qualifications:
• Bachelor’s degree in Marketing, Insurance, Economics, Actuarial Science, or other business-related discipline.
• Progress towards Diploma in Insurance (ACII or AIIK), (at least 3 papers or
• equivalent).
• 2 years’ experience in insurance industry.

Core Competencies
• Sales and marketing skills.
• Insurance product knowledge.
• Stakeholder management skills.
• Understanding of insurance operations and concepts.
• Knowledge of insurance regulatory requirements.
• Knowledge of underwriting processes, procedures and concepts.
• Knowledge of banc assurance operations.
• Delivering results and meeting customer expectations.
• Following instructions and procedures.
• Analytical skills.
• People skills.

Work Hours: 8

Experience in Months: 24

Level of Education:
Bachelor Degree

Job application procedure
Use the link(s) below to apply on company website.
Insurance Specialist, Banc Assurance 

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 22 March 2023
Duty Station: Nairobi
Posted: 09-03-2023
No of Jobs: 1
Start Publishing: 09-03-2023
Stop Publishing (Put date of 2030): 09-03-2065
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