About the role

Regional Bancassurance Manager

Job Summary:

The Regional Bancassurance Manager oversees the integration and delivery of insurance products through bank channels, driving growth in revenue and market share. This role is pivotal in fostering strong partnerships with bank stakeholders, ensuring exceptional service delivery, and enhancing customer experiences within the bancassurance framework.

Key Responsibilities:

Develop and execute strategic plans to drive bancassurance sales across assigned regions, aligning with corporate objectives.
Manage relationships with key bank partners, ensuring effective communication and collaboration on product offerings.
Lead training initiatives for bank staff, educating them on the full suite of insurance products and enhancing their sales capabilities.
Monitor market trends and competitor activities to identify growth opportunities and potential risks.
Analyze sales performance metrics and prepare regular reports to track progress against strategic goals.
Implement marketing strategies and promotional campaigns to create awareness and stimulate demand for bancassurance products.
Ensure compliance with regulatory requirements and industry standards in all bancassurance operations.

Requirements:

Bachelor’s degree in Business Administration, Finance, or a related field; MBA preferred.
A minimum of 5 years' experience in bancassurance or financial services, with a proven track record of sales management.
Strong understanding of insurance products and financial markets.
Excellent communication, negotiation, and interpersonal skills.
Ability to lead and motivate cross-functional teams to achieve targets.
Proficient in data analysis and performance metrics management.
Strong customer focus with a passion for delivering exceptional service.

Preferred Qualifications:

Experience in managing a geographically dispersed sales team.
Advanced certifications in insurance or financial services (e.g., Chartered Life Underwriter, Certified Financial Planner).
Proven experience in developing and implementing training programs for sales staff.
Familiarity with digital banking and fintech innovations.

Benefits:

Competitive salary with performance-based bonuses.
Comprehensive health and wellness benefits, including dental and vision coverage.
Retirement savings plan with employer matching contributions.
Generous paid time off and holiday allowances.
Opportunities for professional development and further education sponsorship.
Flexible work arrangements to support work-life balance.
Employee discounts on various financial products and services.