BANCASSURANCE OFFICER (Letshego Botswana)

Closing Date: 
Monday, April 3, 2023
Location of the Job: 
Gaborone, Botswana
Reference Number: 
.

A job vacancy has arisen within the Letshego Botswana tenable in Gaborone for the above-mentioned position reporting to the Bancassurance Manager, the details of the role are outlined below:

Purpose of the Job:

The position of a Bancassurance officer consists of determining the demand for the insurance solutions offered by the Botswana subsidiary and its competitors and identify potential customers.

It also consist of negotiating pricing structures with strategic partners with an objective of growing the non- funded income for the business.  Market competitor analysis to drive competitive solution enhancement with an aim to position the company amongst the best in class and front of mind.

 

Key Accountabilities: 

  1. Implement country operational strategy for the insurance division in the company.
  2. Market research and competitor analysis updates on the insurance market
  3. Customizing and designing appropriate and relevant insurance solutions
  4. Negotiating appropriate pricing strategies for the core customer base by , balancing company objectives and customer needs
  5. Manage insurance related staff training needs and continuous development plans to ensure regulatory compliance. Work closely with the Marketing Team to formulate and coordinate insurance related marketing activations
  6. Managing active relationship with Branch Managers and branch sales  staff to have complete pulse on the insurance business and generating cross sell business opportunities
  7. Work closely with the Head of Finance to evaluate the financial aspects of solution development such as return-on-investment, profit and loss, research, budgets and expenditures
  8. Identify, develop and evaluate marketing strategy for Let’s Live solution based on group objectives, market characteristics, and country budget. Manage the Micro Insurance Administrator and Claims Supervisor.
  9. To identify the execution gaps in selling Insurance and work with the LFSB sales hierarchy to ensure filling of the gaps for a more efficient & effective sales execution
  10. Effectively manage the relationship between Letshego and its strategic partners ) i.e   Underwriters, Principal officers)

 

Knowledge and Experience Required of Job Holder:

  1. Degree in Marketing, Business Administration or related field.
  2. A COP – Insurance Long Term, qualification  ( short term is an added advantage)
  3. A minimum of 2 years’ experience in Sales or administration in an Insurance related company or financial institution. 
  4. Experience of Insurance sales and strategy Implementation
  5. Advanced analytical skills, with an ability to research and synthesize Insurance and broad ranges of Group Strategies.
  6. Attention to detail
  7. Proven team player with the ability to work in a fast-paced environment.
  8. Ability to build relationships with the internal and external stakeholders.
  9. Strong communication skills, both verbal and written
  10. Strong Planning & Organizing skills
  11. Highly computer literate in excel, word, power point etc.
  12. Good Presentation Skills.

 

Interested employees should forward their applications accompanied by Curriculum Vitae to the provided email address.

 

Closing date for applications:

03 April 2023

Apply to (email address):

 LFSBrecruitment@letshego.com

 

Standard Disclaimer:

Only shortlisted candidates will be contacted