## Title: Bancassurance Manager

About the Role

An exciting opportunity has arisen for a motivated professional to join our team as a Bancassurance Manager. You will be responsible for executing our Bancassurance strategy, driving sales growth, and managing strategic partnerships with banks and financial institutions.

Key Responsibilities

Strategy & Planning

Execute the Bancassurance strategy to align with overall business objectives
Identify potential partner banks and financial institutions
Continuously assess and improve Bancassurance processes to enhance efficiency and customer experience
Drive operational excellence by setting clear goals, monitoring performance, and implementing improvement initiatives
Analyze Bancassurance sales data to identify trends and opportunities for improvement
Conduct customer needs analysis to recommend suitable life insurance solutions

Partnerships & Operations

Establish and manage partnerships with banks and financial institutions to promote life insurance products
Cultivate and manage productive relationships with partner banks and financial institutions
Monitor market trends and competitor offerings in the Bancassurance sector
Manage allocated Bancassurance retail portfolio to meet retention targets and increase premium and lives volume

Sales & Revenue Generation

Drive life insurance sales through the Bancassurance channel
Set sales targets and develop sales plans
Promote life insurance products and services to bank clients
Leverage the bank's customer base to expand market reach

Training & Development

Coordinate with product development and training teams to equip bank staff with necessary knowledge and skills to effectively promote life insurance products

Reporting & Compliance

Prepare regular sales reports and track key performance indicators (KPIs)
Provide insights to senior management and utilize data-driven analysis to inform strategic decisions
Ensure compliance with insurance regulations and internal policies
Ensure a customer-centric approach in all Bancassurance interactions
Address customer feedback and concerns promptly

Manager – Bancassurance at Jubilee Insurance

Job description