JOB ADVERTISEMENT
Job position: Bancassurance Senior Officer.
Introduction
Mayfair Insurance Company Rwanda Ltd is a General Insurance company providing various general insurance products in Rwanda since May 2017. It is regulated by the National Bank of Rwanda and since inception the company has been on an upward trend, experiencing phenomenal steady growth both on the turnover and profitability. The Company is part of the network of Mayfair Insurance companies across the region (Kenya, Tanzania, Zambia, Rwanda and Uganda and DRC).
The Head-office of Mayfair Insurance Company Rwanda Ltd is located in Kigali Heights, Ground Floor.
Reports to: Head of Business Development.
JOB PURPOSE
Reporting to the Head of Business Development, the Bancassurance Senior Officer role is overseeing and driving the development, implementation, and performance of the bancassurance strategy and will be responsible for the effective and efficient underwriting processes of bancassurance businesses and other alternative channels.
KEY RESPONSIBILITIES;
- Drive sustainable growth of the assigned portfolio in order to achieve the set business targets.
- Lead the development of a Strategy for Bancassurance, advise Management on the execution of implementation progress.
- Effectively create new client relationships and partnerships whilst ensuring the retention of existing business relationships through high standards of customer service.
- Build strong and lasting relationships with banks through marketing visits and collaborative relationship with bancassurance stakeholders.
- Collaborate with banks to develop joint marketing initiatives, proposing and implementing value propositions to grow revenues.
- Collaborate with internal teams and external partners to identify and implement new distribution channels opportunities associated with banking partners.
- Develop, implement and monitor Bancassurance distribution channels and strategies to drive business growth and enhance the company’s distribution channels’ effectiveness.
- Monitor and analyze sales performance across bancassurance and associated channels, identifying areas for improvement and implementing strategies to achieve sales targets. Ensuring adherence to the company’s underwriting policy and Compliance with Company’s policies and Regulatory framework.
OTHER DUTIES
- Perform any other duties as may be assigned from time to time by the Supervisors.
QUALIFICATIONS AND COMPETENCIES
The education and professional qualification are below;
- Bachelor’s degree in insurance, business or relevant fields.
- Possession of professional qualifications in insurance from a recognized professional body
Experience and Skills
- 3 years of experience in underwriting or business development. Bancassurance experience is desirable.
- Driving license category B would be desirable
- Ability to build positive relationships and partnerships with clients, brokers and key role-players.
- Ability to work under pressure and meet strict deadlines.
- Strong interpersonal and negotiation skills
Required documents
- Application letter addressed to the Managing Director of Mayfair Insurance Company Rwanda Ltd.
- Updated signed CV;
- Academic documents.
- Professional course progress report or certificate;
- Copy of national ID card/passport.
The application addressed to the Managing Director of Mayfair Insurance Company Rwanda Ltd shall be submitted at the head-office of Mayfair Insurance Company Rwanda Ltd located in the building Kigali Heights, Ground Floor, or email to info@mayfair.co.rw not later than 4th September, 2024 at 5h:00 PM (Local time).
Note:
- Only shortlisted candidates will be contacted for tests and/or interviews.
- The successful candidate will be required to bring more documents as per our internal policy requirements.
Done at Kigali, on 27th August, 2024.
IGOMA Jessica
Managing Director
