Centenary Bank is inviting applications from suitably qualified, experienced and competent individuals for the position of Bancassurance Manager, tenable in Blantyre.
The Bancassurance Manager will report to the Head of Corporate Banking and lead the development, implementation and growth of the Bank’s bancassurance business. The role will also be responsible for driving insurance sales through the Bank’s distribution channels, managing relationships with insurance partners, and achieving revenue and customer acquisition targets.
Key responsibilities include:
- Develop and implement the Bank’s bancassurance strategy.
- Identify and pursue opportunities to increase insurance penetration and revenue.
- Conduct market research and competitor analysis.
- Drive bancassurance sales, revenue and profitability.
- Develop sales campaigns, business plans and forecasts.
- Monitor sales performance and KPIs.
- Support branch teams in insurance sales.
- Provide training and coaching to branch staff.
- Manage customer experience and insurance products.
- Ensure compliance with banking, insurance and regulatory requirements.
- Manage relationships with insurance partners and other stakeholders.
- Provide leadership and supervision to insurance operations and sales teams.
Qualifications and experience:
- Bachelor’s Degree in Banking, Finance, Business Administration, Insurance, Marketing or a related discipline.
- Professional Chartered Insurance qualification.
- Minimum of 5 years’ experience in banking, insurance or bancassurance, including at least 2 years in a supervisory or managerial role.
- Proven track record in sales management and business development.
- Strong understanding of insurance products, banking operations and regulatory requirements.
- Strong leadership and people-management skills.
- Excellent communication, negotiation and relationship-management skills.
- Proficiency in Microsoft Office and business reporting tools
