Title: Bancassurance Officers
Are you looking for an employer who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment? The Co-operative Bank of Kenya, ‘‘The Kingdom Bank’’ is looking to fill the following position:Bancassurance Officers
Job Summary
The role holders will be responsible for the development and execution of sales and marketing programs in line with the Bancassurance strategy as well as generation of business from the Bank’s existing Corporate, Asset Finance and Personal banking portfolios.
Main Duties
The key responsibilities will among others include:
- Prospecting and marketing various insurance products to prospective clients
- Preparation of quotations, negotiating terms for customers and closing sales
- Advising customers on the adequacy of cover requested for in relation to policies available
- Oversee the operational aspects of Bancassurance business at the branch i.e. underwriting, claims, finance and customer service
- Ensuring all collaterals and assets that have has an Bank interest are properly and comprehensively insured and the Bank’s interest properly noted
- Ensuring that Bank, customers and staff insurable assets insured under the branch are renewed on time and premium is paid up
- Market research/customer feedback to our head office Bancassurance team for the development of new products and enhancement of existing ones to suite the various market segments
- Adherence to the set Bancassurance policies and procedures
- Training of customers and branch staff on insurance translating to business conversion
- Ensuring that all queries on technical insurance issues from customers and branch staff are addressed promptly while providing technical guidance
- Preparation of relevant production and financial reports
Job Specification
The incumbent will be required to possess the following qualifications and attributes/skills:
- University Degree, preferably in a business field
- Knowledge of the basic principles and practices of bancassurance
- Strong business acumen, strategic thinking capacity and strong analytical and presentation skills
- Ability to work effectively in a diversified set up and in a highly collaborative team environment
- Proven ability to respond quickly, independently and appropriately to competing priorities under tight deadlines, excellent analytical, interpersonal, communication and advocacy skills
- Knowledgeable in compiling data and preparing a variety of reports using computer applications in a proficient manner
- Ability to verify the accuracy of documents and information presented
Interested candidates meeting the above criteria should forward an application enclosing detailed Curriculum vitae accompanied by copies of certificates and indicating the current remuneration to the address shown here below by 18th October 2013.
NB: Only short listed candidates will be contacted.
We are an equal opportunity employer.
Please quote this reference on your application and on the envelope:
BO/3/HRD/2013
The Director –
Human Resources Division
The Co-operative Bank of Kenya Ltd
P.O. Box 48231-00100
Nairobi