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Co-operative Bank
Banking + 2 more
Description
Minimum qualifications:
- Bachelor’s degree in business administration, Finance, Insurance, Marketing, or a related field.
- A diploma in insurance should be an added advantage.
- Professional qualification in insurance (ACII, AIIK, or COP) is a MUST.
- At least two years’ experience in bancassurance, insurance sales, or financial services.
- Valid IRA certification/licensing will be an added advantage.
- Strong sales, marketing, and negotiation skills.
- Excellent communication and customer service skills.
- High level of integrity, professionalism, and attention to detail.
- Computer literacy and familiarity with core banking systems is desirable.
Responsibilities
- Market and sell insurance products to Sacco members in collaboration with partner insurance companies.
- Educate members and staff on available insurance products and benefits.
- Source new insurance business and grow the Sacco’s insurance portfolio.
- Handle insurance documentation, policy issuance, renewals, and endorsements.
- Assist members in claims processing and follow-up to ensure timely settlement.
- Maintain accurate records of insurance sales, premiums, and commissions.
- Ensure compliance with Insurance Regulatory Authority (IRA) guidelines and Sacco policies.
- Prepare periodic performance reports on bancassurance activities.
- Build and maintain strong relationships with insurance partners and Sacco members.
- Promote a culture of accountability, integrity, and continuous improvement within the Sacco.
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