Welcome to our website pickallnews.com, In This Article, are you looking for Jubilee Insurance Hiring Regional Bancassurance Sales Managers job opportunity. Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, General and Medical Insurance.
Jubilee Insurance
Jubilee has more than a million customers and is currently the top insurer in East Africa. There are offices for Jubilee Insurance spread throughout Kenya, Uganda, Tanzania, Burundi, and Mauritius. The Nairobi Securities Exchange (NSE), Dar es Salaam Stock Exchange, and Uganda Securities Exchange are the three East African stock markets where this ISO-certified insurance group is the sole one listed. Its regional offices have received an A+ in Tanzania and an AA- in Kenya and Uganda for their excellent risk management, leadership, and quality ratings.
We currently have an exciting career opportunity for a Regional Bancassurance Sales Managers within Jubilee Health Insurance Limited. The position holder will report to the Head of Bancassurance & Digital Channels and will be based at our branches within Central, Western and Coast Regions.
Open Positions and Description:
1. Regional Bancassurance Sales Managers – 1 POST
Role Purpose
The employees will be required to submit their monthly and annual revenue budgets for their particular regional bancassurance.
Main Responsibilities Operational
- Make sure the designated region grows sustainably in order to reach the predetermined revenue targets.
- Plan and oversee health insurance sales activation initiatives run by the Bancassurance Manager in collaboration with Bank, Regional, or Branch management.
- Using daily reports, keep an eye on the sales representatives of Bancassurance and make sure that all of their activities—such as prospecting, quoting, visiting branches, and providing training—align with the targeted revenue targets.
- Oversee efficient training programs for health insurance products, AML, and sales code of conduct. Maintain an attendance log.
- To support bancassurance sales representatives in the designated area in generating health insurance business that Jubilee Health Insurance will take and to make sure that these representatives consistently fulfill their individual targets for new business and renewal generation.
- Reach the predetermined persistency targets for the current health insurance portfolio by working in tandem with the operations team and bank partners to make sure that premiums are collected on time and that renewals occur on schedule.
- Outstanding relationship management with important bank partners, such as branch managers, assistant sales managers, regional sales managers, and bancassurance officers.
- Make sure that the product brochures, application forms, and marketing materials at the branches are adequate.
- Create and distribute daily reports on the performance of regional businesses based on matrices for key performance indicators.
- Promote the provision of reliable, easy-to-use, and consistent customer service to guarantee client loyalty and retention.
- Assure prompt resolution of complaints by working with the Bancassurance team and bank partners to coordinate within the agreed TAT.
- Assure adherence to the policies, procedures, and regulatory requirements of the designated Bank as well as Jubilee Health Insurance.
Key Competencies
- Marketing and Sales Proficiency
- strong interpersonal abilities to establish and preserve connections with consumers, agents, and bank partners.
- comprehensive knowledge of health insurance plans, including benefits, exclusions, and options for coverage.
- the capacity to instruct and assist bank employees and agents in the sale of health insurance products.
- Knowledge of regulations and compliance.
- Analytical Skills: Capability to find areas for development and improvement by analyzing market trends, performance indicators, and sales data.
- Strong leadership abilities to inspire and direct a group of agents and sales professionals toward meeting sales goals.
- Capacity to adjust to shifting client tastes, corporate priorities, and market conditions.
- Customer focus.
- abilities to solve problems.
- Ethical behavior, guaranteeing openness and justice in dealings with clients and associates.
Qualifications
- A degree from a university accredited by the Commission on Higher Education
- Any insurance-related qualification, such as an AIIK or CII diploma, is advantageous.
- Having prior Bancassurance experience will be beneficial.
Relevant Experience
- 3 years minimum Health insurance Sales Management at a supervisory level or above.
Read also: Jubilee Insurance Hiring Finance Intern
Application Process:
Deadline for application is 1th April, 2024;
If you are qualified and seeking an exciting new challenge, please apply via Recruitment@jubileekenya.com quoting the Job Reference Number, Position and Preferred Region (Central, Western, Coast)
On the day of the interview, only those who have been shortlisted will be notified.
NOTE: All applications must be submitted via the Jubilee Recruitment Portal at https://jubileeinsurance.com/ke/career-opportunities/, and not in any other way.
