Position: Bank Assurance Officer
Position: Banc Assurance Officer
Reference Number: IRC10682
Job Summary:
The purpose for this role is to have a dedicated resource with the appropriate skills and knowledge to support the Bancassurance business in delivery of its sales and business development strategy. The role reports to the Banc Assurance Manager
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Job Details:
KEY RESPONSIBILITIES
- Following up on outstanding premiums and yet to be renewed policies.
- Compiling monthly Credit Life reports and to be sent to the Insurers.
- Issuing Policies after receiving the right information.
- Preparing of various reports of Banc Assurance unit.
- Grow and process Insurance Premium Financing business
- Reconciliation of Banc Assurance Accounts
- Responsible for retention of business and support of the Bank’s sales teams and relationship managers to grow business.
- Ensure continuous engagement with the retail network (the bank) dealing with their sales issues and embedding of insurance across the branches.
- Identify product needs and generate new revenues and develop solutions in liaison with various insurer partners or underwriters to meet current and future need of the business and the customers.
- Ensure all regulatory requirements are met through rigorous compliance checks and adherence to SLAS and ensuring all audit items are maintained/closed within deadlines.
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DAILY RESPONSIBILITIES
- Daily tracking, management of the Insurance Premium Financing book.
- Stakeholder’s engagement to drive growth, and support closure on time.
- Ensure all regulatory requirements are met by ensuring compliance to the insurance act and SLA’s.
- Recording of policies to keep track with legal department.
Requirements:
- Bachelor degree in Insurance or its equivalent from any recognized institution
- Professional Qualifications: Sales background is an added advantage
- At least 1 year banking experience
How to Apply:
Please visit our Recruitment Portal through the link below and submit your application.
Deadline: 2021-07-23 00:00:00
