Bancassurance Officer Jobs Vacancy at DCB Commercial Bank January 2022


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Job Title: Bancassurance Officer

Job Level: Officer

Reports To: Bancassurance Manager 


Financial Responsibility: N/A

Leadership Responsibilities: N/A

Purpose of Role: Responsible to support the Bancassurance business in delivery of its sales and business development strategy.  

Duties &Accountabilities 

• 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 Bancassurance unit.

• Grow and process Insurance Premium Financing business

• Reconciliation of Bancassurance accounts

• Responsible for retention of business and support of the Bank’s sales teams and relationship managers to grow business.

• Ensure continuous engagement with teams dealing with sales 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.

Qualifications and Experience/skills Required:

• Degree in Insurance, Business Administration or related fields

• Professional qualification is an added advantage.

• Should have at least 2-year experience.

• Good communication, presentation & report writing skills

Barriers to Success in Role: 

• Lack of insurance product knowledge

Mode Of application:

Human Resource Manager,

DCB House,

P.O Box 19798, 

Dar Es Salaam. 

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