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Stanbic Bank
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Kampala • Uganda
Closed for applications
Profession (Mid-level)
Accounting, finance, banking, insurance,Administrative, clerical,Business, strategic management,Construction,Customer support, client care,Design, arts,Electrical engineering,Energy, power,Engineering, architecture,Food, nutrition,Government, community development, public services,Human resources,Information technology, software development, data,Legal,Manufacturing, operations, quality,Mechanical engineering,Media, communications, languages,Medical, health,Project, program management,Sales, marketing, promotion,Security,Skilled, manual labor,Teaching, training,Transportation, logistics, driving,
Industry (Accounting, finance, banking, insurance, Mid-level)
Seniority (Accounting, finance, banking, insurance)
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Old Mutual
Banking + 2 more
Description
Education
- Bachelor’s Degree
- Diploma in Insurance is an added advantage
- Bank and Insurance sales & Marketing is an added advantage
Experience:
3-5 years’ work experience in Sales & Marketing with at least 2 years as a supervisor.
Responsibilities
- Oversee Bancassurance Strategy, budgets and Direction.
- Deliver premium growth, profitability, and market share targets through bank partnerships.
- Identify new bancassurance opportunities (new bank partnerships, product innovation, customer segments).
- Drive cross-selling and up-selling initiatives within bank customer bases.
- Build and maintain strong relationships with bank partners at executive, regional, and branch levels.
- Act as the primary liaison between Old Mutual and partner banks.
- Negotiate and manage Service Level Agreements (SLAs) and partnership contracts.
- Ensure alignment of bank and Old Mutuals objectives for mutual growth.
- Provides advice on potential products and services to ensure that the company responds to business opportunities adequately and on a timely basis
- Sets up clear targets for sales and confronting poor performance when identified to ensure maximum productivity as well as motivating staff
- Build a successful Bancassurance team to enhance performance including conducting coaching
- Train and coach bank staff on insurance products, sales techniques, and compliance.
- Collaborate with underwriting and product teams to design tailored general and medical insurance products for bank customers.
- Conducts joint-field work with Branch Relationship Managers, if necessary, to support their endeavours in bringing in business
- Ensure seamless onboarding, policy issuance, and claims processes for bancassurance customers.
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