Senior Bancassurance Officer job at Strategis Insurance Tanzania Limited

Vacancy title:
Senior Bancassurance Officer

[ Type: FULL TIME , Industry: Insurance , Category: Accounting & Finance ]

Jobs at:

Strategis Insurance Tanzania Limited

Deadline of this Job:
Friday, March 15 2024 

Duty Station:
Within Tanzania , Dar es Salaam, East Africa

Date Posted: Sunday, March 10 2024, Base Salary: Not Disclosed

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Learn more about Strategis Insurance Tanzania Limited
Strategis Insurance Tanzania Limited jobs in Tanzania

Position: Senior Bancassurance Officer (x1)
Expected appointment date: Immediately
Division: Non-Medical Insurance
Department: Business Development Location: Dar es Salaam

Overall purpose of the job:
Manage and grow relationships with Banks through distribution of insurance products so as to grow Strategis Insurance business.

Description of Core Duties and Responsibilities:
• Identify and create partnerships with Banks in order to sell insurance products through these channels.
• Grow and defend Strategis’s bancassurance market share position and partnerships.
• Direct, guide, manage and offer support to Partner Banks through business and operational teams to ensure growth targets are achieved.
• Explore opportunities to develop new markets/ segments/products in line with Company sales strategy from time to time.
• Manage quality of various partnering bank business, productivity, retention and overall sales performance by monitoring the sales strategies to determine focus of sales efforts.
• Drive distribution objectives- products/target segment/reach/penetration/cross sell/up sell and participate in formulating and implementing any marketing activities/strategies and promotions.
• Drive the achievement of annual, quarterly and monthly production budgets and targets.
• Build product and local market knowledge, track competition activity and practices.
• Reporting on Bancassurance performance as prescribed by the Management.

Other Responsibilities:
• Perform any other sales duties e.g. and not limited to presentations, tenders for non-bancassurance opportunities as may be assigned from time to time.

Working Relationships:
Internal Relationships
• Responsible for any staff working under this position.
• Required to liaise and work closely with the other departments as may be necessary.
• Finance, Claims and Underwriting Departments.

External Relationships
• Strategis Insurance customers.
• Insurance sector players.
• Individual Policyholders.
• Premium Financiers.

Skills and Competencies:
• Assertiveness and self-drive and strong analytical skills.
• Excellent interpersonal, communication and negotiation skills.
• Excellent Selling and Marketing Skills.
• Good knowledge of Insurance Regulatory requirements.
• Excellent Computer and Presentation skills.
• Ability to work in a team environment, work under pressure and manage time effectively.
• Very Honest and with high integrity.

Other Competencies And Attributes:
• Develop ability to work without constant direct supervision.
• Maintain a positive attitude and contribute toward a quality work environment.
• Assist in all areas of Strategis Operations as requested by Management.
• Ability to deliver Good Customer Servic.
• Customer, market and competitor understanding.
• Ability to building good relationships with Banks.

• Bachelor degree (Marketing option preferred). MBA is an added advantage.
• Professional qualification in Insurance (Certificate CII)/Diploma or Banking or equivalent is an added advantage.
• Knowledge in Insurance Banking Products is an advantage.

Work Experience:
• At least 3 years’ experience in insurance/banking/financial services 3 of which must be in management level.

Work Hours: 8

Experience in Months: 36

Level of Education:
Bachelor Degree

Job application procedure
All applications should have names of three official referees with their contact detail. Applications accompanied by professionally prepared CVs, copies of all supporting documents along with a recent passport size photograph should be submitted not later than 15 March 2024 to the following address.
Head of Human Resource and Administration
Strategis Insurance Tanzania Limited
P O. Box 7893 Dar es Salaam, Tanzania E-mail: 
Or delivered to:
Strategis Insurance Tanzania Limited
1st Floor, Masaki Ikon Building Plot no. 1520, Bains Avenue Masaki, Msasani

Note: Only shortlisted candidates will be contacted.
To apply for this job email your details to

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Job Info
Job Category: Accounting/ Finance jobs in Tanzania
Job Type: Full-time
Deadline of this Job: Friday, March 15 2024
Duty Station: Dar es Salaam
Posted: 10-03-2024
No of Jobs: 1
Start Publishing: 10-03-2024
Stop Publishing (Put date of 2030): 10-03-2077
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