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Insurance Sales Officer - Nairobi At Abc Bank (African Banking Corporation Limited)

Abc Bank (African Banking Corporation Limited)

Banking / Financial Services full time Nairobi Posted 1 day ago

ABC Bank is an indigenous Kenya bank with 33 years experience using the power of finance to support businesses and projects that benefit the people and the planet. We know that banking can be a powerful force for good: serving individuals and communities as well as building a more sustainable society. We are investing in our customer relationships to create a web of successful and satisfied individuals and businesses that are contributing sustainable communities that effectively play their role in the economy. We are constantly embracing new technologies to offer you a definitive banking experience as we empower you to ACHIEVE THE EXTRAORDINARY. ABC Bank has carved a special niche in providing focused financial services and solutions to a wide range of client base who include individuals, Small and Medium Enterprises, and Corporate organizations, Saccos, Learning Institutions, Religious Institutions and service providers for various economic sectors. We facilitate efficient service to our business clients through innovative, customized financial solutions, emphasizing our main strengths in asset finance, trade finance, and international and local remittance solutions, invoice discounting, overdrafts and term loans. We also have a variety of personal banking solutions that are flexible and focused on meeting the specific financial needs of our individual customers in every economic sector of East Africa. We also offer a wide range of local and international money transfer services in partnership with other reputable money transfer organizations such as MoneyGram, Western Union, TransFast, Instant Cash, Al-Dahaab, Ria, iRem (for India) among others. The ABC Bank Group Companies comprise of: ABC Bank ABC Capital Bank - Uganda ABC Capital Limited (Stock Brokerage) ABC Insurance Brokers LtdKey Responsibilities: Drive growth in insurance business across and outside ABC Bank group channelsNew Business and Cross Selling Execution of day-to-day insurance operations at the assigned Region level, which entails new business development and cross-selling of insurance products, claims administration and documentation Timely follow-up on renewals to ensure business retention that would otherwise lead to income leakage. Cross-selling other Group Products, i.e Liabilities, foreign exchanges, Account Opening, Trade Finance and Stock Trading Develop good working relationships with various departments in the group, working closely with Branch Managers, Relationship Managers, & Credit Analysts to generate insurance business and leads through their customers Ensure customer inquiries are resolved promptly as per laid-down policies and procedures Champion insurance product training at the regional branch level to sensitise both group staff and customers on insurance products Ensure compliance with all regulatory and internal procedures regarding insurance sales Ensure all collaterals and assets that have the financiers' interest are properly and comprehensively insured, and the financiers' interest is properly noted Ensure that debt level is managed proactively and maintained minimally and in line with the credit policy, which is 40:30:30 Minimum Qualifications, Knowledge, Experience & Key Competencies  University Degree in either Insurance, Marketing or a business-related field Certificate of Proficiency 2 years’ experience in insurance sales. Excellent communication skills, both written and verbal Sales and negotiating skills Team Player Customer service skills Proven planning, coordination and time management skills Analytical & problem-solving skills Focused on all aspects of business High level of integrity Innovative, strategic in thought and decisive Well-groomed and outgoing