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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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