Bancassurance Manager Job Vacancy at DCB Commercial Bank

Bancassurance Manager

Background

DCB  Commercial Bank PLC is  a fully-fledged retail and commercial bank in  Tanzania.  The bank offers banking services to Individuals, Microfinance, Small to Medium sized Businesses (MSME),  as well as large corporate    clients. DCB  Bank has a wide branch network of over 9 branches, over 700

DCB  Wakala Agents, and over 280 Umoja switch ATMs serving over 3 million customers across the country.

We invite suitably qualified candidates  to fill  the  positions of  Bancassurance  Manager. The

successful candidate will be responsible for the Insurance business development and growth within the bank to generate revenue in line with the bancassurance strategy.

Responsibilities:

▪  Drive the achievement of the set financial targets while delivering consistent, seamless and trusted customer service to ensure customer retention and loyalty.

▪  Work closely with the branches and business teams to ensure that set bancassurance targets are met.

▪  Review the bancassurance strategy and performance and take appropriate remedial action to assist all involved in the process to achieve desired performance.

▪  Provide leadership, direction and pace for bancassurance taking appropriate steps to make organization the preferred choice for insurance services.

▪  Ensure timely processing claims and renewal of insurance policies

▪  To identify cross selling opportunities for the bank’s products.

▪  Obtain underwriting approval by completing application for coverage

▪  Relationship management for all insurance partners both internally and externally for efficient service delivery.

▪  Provide requisite support to bancassurance teams whilst ensuring adherence to laid down processes, policies and procedures.

▪  Establish and sustain strong relations and network with all business units to identify insurance opportunities.

▪  Provide technical guidance and ensure continuous training of branches and business teams on all insurance products.

▪  Perform all duties of Principal Officer as defined in the regulations.

Qualifications and Experience

• Bachelor’s degree with a certification in Insurance
• Five years’ experience in selling of general insurance products sales and managing client relationships

• Excellent presentation skills  and must be efficient in using basic computer applications- Microsoft office suite.
• Good understanding of legislation related to bancassurance and channel delivery
• Comprehensive knowledge of insurance claims
• Results oriented, self-driven with a proven performance track record

How to Apply

If you believe you are the right candidate for  this position, kindly submit your application with a detailed CV, photocopies of academic certificate, and names of three referees with their contacts, quoting reference number DCB-RMB–10/2024  on the subject of  the email.  To be  considered, applications MUST  be submitted through recruitment@dcb.co.tz not later than 13th  November 2024. Hardcopy applications will not be accepted.