About the role

Regional Business Head Bancassurance

Job Summary:

The Regional Head of Bancassurance plays a pivotal role in driving the growth and success of our bancassurance partnerships across the region. This strategic position is responsible for developing innovative solutions that integrate insurance products within the banking framework, ultimately enhancing customer value and contributing to the organization's overall profitability.

Key Responsibilities:

Develop and implement strategic plans to achieve bancassurance sales targets and market penetration goals.
Lead, mentor, and manage the bancassurance sales team to foster a high-performance culture focused on results.
Establish strong relationships with key banking clients to promote collaboration and maximize cross-selling opportunities.
Analyze market trends and customer needs to tailor products and services that align with bank offerings.
Monitor and evaluate performance against set targets, providing insights and adjustments as necessary to improve outcomes.
Collaborate with the marketing team to design and execute promotional campaigns that boost bancassurance visibility.
Ensure compliance with regulatory guidelines and internal policies to maintain the integrity of all financial operations.

Requirements:

Bachelor's degree in Finance, Business Administration, or a related field; MBA preferred.
Minimum of 7 years of experience in bancassurance or a related financial services sector, with at least 3 years in a leadership role.
Strong understanding of insurance products and banking operations, with a proven track record of sales achievement.
Exceptional leadership and interpersonal skills, with the ability to motivate and inspire teams.
Excellent analytical and strategic thinking abilities, with a focus on data-driven decision-making.
Strong communication skills, both verbal and written, to engage with diverse stakeholders effectively.
Proficiency in industry-standard software and CRM tools for sales tracking and performance management.

Preferred Qualifications:

Certification from a recognized insurance or financial planning body (e.g., ACII, CPCU) is highly desirable.
Experience in developing and executing training programs for sales teams in the financial services sector.
Established network within the banking and insurance industries, enhancing business development opportunities.
Previous experience in managing multi-channel distribution strategies.

Benefits:

Competitive salary commensurate with experience and performance-based bonuses.
Comprehensive health, dental, and retirement plans to support your well-being.
Opportunities for professional development and ongoing training programs.
Flexible working arrangements to promote work-life balance.
Generous paid time off policy, including vacation, sick leave, and holidays.
Access to financial wellness programs and employee assistance services.
Dynamic and inclusive workplace culture focused on innovation and collaboration.

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