Sacco Bancassurance Officer

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.
  

• 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.