Manager General Insurance Job vacancies at Exim Bank, March 2025
Contributes to the creation and execution of sales and underwriting for insurance coverage, aligned with bancassurance goals. Delivers efficient and effective insurance services, ensuring that all client life-related issues are handled within the specified timeframes.
Provides expert advice and support to the team, focusing on business retention, to meet the business budget targets and ensure sustainable, profitable operations.
Roles & Responsibilities
- Handle Corporate (CIB) and Retail portfolio with the new and renewal target.
- Maintaining, Generating and managing existing and new businesses by contacting potential clients to establish rapport and arrange meetings.
- Negotiating Insurance terms with Insurers and coordinating the re-insurance arrangements by developing quotes and proposals for clients.
- Designing and developing General Insurance products to be sold in the insurance market.
- Serving Clients General Insurance needs including negotiation and placement of covers.
- Enhancing a health relationship between Bancassurance and Exim Bank Relationship Managers and Branches.
- Validate all proposals/inquiries/quotations received directly or through the selling outlets for compliance.
- Prepare various analytical business reports and advising the Head Bancassurance on the way forward.
- Develop sales strategy for all the general products and execution.
- Underwriting and claim procedures on all general insurance products.
- Supervise all the insurance specific personnel in all the branches.
- Being proactive to identify general insurance product issues and resolve them timely.
- Manage relationships with customers, branches and other stakeholders.
- Co-ordinate training on general insurance products.
- Manage all risks related to general insurance products.
SKILLS:
- At least 5 years’ work experience in the Insurance Industry with a key focus on Operations, Underwriting and Claims.
- Excellent knowledge of insurance products and processes, regulatory requirements as well as ability to drive business performance and revenues
- Good interpersonal and management skills
- Good understanding of customer segmentation and needs as well as an in-depth knowledge of distribution channel strategies
- Demonstrated capacity to lead, coach and supervise team members effectively
- Visible excellent communication (written and verbal) and negotiation skills
- Demonstrated
QUALITIES
- Technical Skills
- Strong analytical and risk assessment skills
- Visionary Leadership
- Spirit
- Market Awareness
- Customer Focus
- Continuous Innovation
- Ownership & Commitment
- Team Spirit
QUALIFICATIONS
- Professional certificates (Bachelor ‘s degree or its equivalent in insurance, bank, risk management, law, actuarial science, finance, Business Administration or related field from recognized institution).
- Professional certificates (Minimum certificate in insurance/CoP).
- Sworn Declaration of good character and solvency.
- Attested declaration on solvency and non- conviction in criminal offences.
- ACII will be added advantage.