Principal Insurance Officer Job at Tanzania Agricultural Development Bank – Career Opportunity in Tanzania

Job Category: Management
Job Type: Full-Time
Deadline of this Job:  01 September 2020
Duty Station:  Dar Es Salaam
Posted: 21-08-2020
Job Description

Vacancy title:
Principal Insurance Officer

[ Type: FULL TIME , Industry: Banking , Category: Management ]

Jobs at:

Tanzania Agricultural Development Bank

Deadline of this Job:
01 September 2020  

Duty Station:
Within Tanzania , Dar es Salaam , East Africa

Date Posted: Friday, August 21, 2020 , Base Salary: Not Disclosed

The TADB is hereby inviting applications from suitably qualified candidate to fill the following vacancies:
Resource Mobilization Manager

Principal Insurance Officer

Nature and Scope
: Reporting to the Business Development Manager, the Principal Insurance Officer will be responsible for delivery of Bancassurance business performance through effective business development, excellent customer service and execution of operational Bancassurance services to the Banks’customers. .

Key responsibilities
; • Drive sustainable growth of the portfolio in order to achieve the set business target.
• Effectively create new client relationships and partnerships whilst ensuring retention of existing business relationships through high standards of customer service.
• Execution of day to day Insurance operations entailing cross-selling of insurance products, posting of risk details, claims administration and documentation as well as follow up on renewals.
• Maintain accurate records and reports on insurance transactions.
• Champion the delivery of consistent, seamless and trusted customer service to ensure customer retention and loyalty.
• Ensure customer enquiries are resolved promptly as per laid down policies and procedures.
• Collection of premium on all insurance business transacted at the assigned Branch as per laid down procedures.
• Champion Insurance products training across the Bank by working closely with zones to sensitize customers on insurance products. Develop and implement Insurance Sales activation programs in conjuction with Zonal Offices. • Ensure compliance to the Bank’s policies, procedures and regulatory requirements.
• Carry out any other duties assigned by your Line Manager/Supervisor.

Job Skills: Not Specified

Qualifications, Knowledge, Experience
: • Graduate qualification in Insurance, Banking, Finance or related field. Professional accreditation in Bancassurance will be an added advantage.
• Minimum of 5 years relevant experience, of which three must be in a senior level in reputable company or financial institution.
• Strong client focus ability and external orientation with the ability to understand client needs and stay abreast of macro-economic trends.
• High strategic, consultative and solution orientation with the ability to assess client needs at a relationship level and to package the banks products in response.
• Strong working knowledge of processes and practices pertaining to Agriculture financing deals.
• Excellent communication and presentation skills including a strong command of PowerPoint and public speaking.
• Exceptional relationship management skills including strong ability to manage and effectively influence multiple stakeholders.
• Good interpersonal skills with great emphasis on teamwork. Able to work effectively in across the country.
• High level of responsiveness and ability to operate with a high degree of urgency and work in a pressurized environment Strong drive for results, able to plan, track and follow through to capture solutions and revenues.
• Knowledge of the banking industry and its related laws, regulations, policies and procedures is essential.
• Carry out any other duties assigned by your Line Manager/Supervisor.

Job Education Requirements: Not Specified

Tanzania Agricultural Development Bank Limited is an equal opportunity employer. The bank offers an attractive remuneration package, career development opportunities and an excellent working environment.

Work Hours: 8


Job application procedure
Job applicants are required to apply for these employment opportunities through this email, [email protected]   Please note: applicants are required to attach the following to their respective application.
• Application letter showing how they meet the requirements of the position; • An up-to-date Curriculum Vitae;
• Contacts stating name in full, physical address, telephone numbers and e-mail addresses of the candidate;
• Certified copies of relevant certificates
• Names and full contacts of three (3) referees.

Closing date: Applications should reach the undersigned not later than 4.00 pm on Friday, 1 st September 2020.
For further information, please visit the Bank’s website: Website:  

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