27 Nov 2024

Group Head of Bancassurance at Old Mutual Kenya

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Job Description

Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment. We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.

Group Head of Bancassurance

KEY TASKS AND RESPONSIBILITIES

  • Devise and Implement Channel sales and service strategy ensuring alignment with overall company objectives and market demands.
  • Building and maintaining strong relationship with partners at executive level, ensuring smooth collaboration
  • Achieve set revenue and profitability targets for Bancassurance and alternative channels.
  • Actively establish and maintain positive relationships with banks and other partners by providing exceptional service and solutions
  • Ensure excellent customer experience, working in collaboration with the Business units and internal departments.
  • Report channel performance to difference governance and business Committees
  • Develop suitable solutions for the partners including co-creating innovative solutions with our partners
  • Grow business that is transacted on the digital channels through our partners
  • Provide technical guidance to partners staff and ensure continuous training.
  • Ensure effective risk management and compliance with regulatory requirements and company policies.
  • Maintain a high performance team.  Lead, mentor, and manage the team to achieve targets.
  • Conduct in-depth research and analysis to understand the partner needs, preferences and trends in the industry.
  • Collaborate across departments and business units to ensure that the partners’ needs are being met.
  • Build relationships between Old Mutual Branches and partner branches across the country

SKILLS ,KNOWLEDGE,QUALIFICATIONS & EXPERIENCE

  • At least 10 years of experience in insurance distribution, banking, insurance, account management or a related field.  5 years of which should be at senior management level
  • Proven leadership experience in managing distribution channels and partner relationships.  Experience in insurance e-commerce and profit and loss responsibilities are added advantages.
  • Bachelor’s degree in business, finance, marketing or related fields.  A post graduate degree is an added advantage
  • Excellent analytical skills and can analyse data and market trends to identify business opportunities and make informed decisions.
  • Ability to build and maintain positive relationships with partners, demonstrate empathy and manage conflicts effectively.
  • Possess a sense of customer service and are a team-oriented individual.
  • Strong interpersonal, problem-solving and negotiation skills.
  • Excellent communication skills, both written and verbal.
  • Strong organisational and planning skills.
  • Willingness to travel when required.
  • Expertise in Life Insurance is an added advantage


Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 4 December. 2024





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