Wednesday , February 28 2024

SAPO Vacancies – Bancassurance Head

Website South African Post Office

Job Description:

Drive long-term and short-term insurance business across Postbank working with all stakeholders to plan, manage, lead and direct the business focus on the distribution of insurance products to achieve business, revenue and profit targets whilst implementing global standards

Job Responsibilities:

  • Identify insurance product needs for all customer segments with all channels, product managers and segment managers together and develop appropriate product and service propositions / offerings with Insurance Partner/s
  • Manage relationship with existing and potential bank partners
  • Develop business plans, marketing strategy, process workflow and campaigns with bank partners
  • Develop an efficient Bancassurance operations support
  • Active management of overall Insurance P&L to deliver customer, business, revenue and profit targets for the business by driving insurance products activities across all channels
  • Monthly reporting of insurance financials including, but not limited to, commission reconciliation, financial projections, P&L monitoring, marketing allowance activities, etc
  • Increase in penetration of Insurance products across client segments
  • Monitor and manage performance of bank and own Bancassurance team

Job Requirements:

  • Strong and demonstrable track record of successful implementation of product variants and innovative customer offerings
  • Ability to implement change initiatives by taking ownership and working with all stakeholders
  • Strong inter-personal skills and coordination ability, which encourages and promotes enthusiasm and team spirit and he ability to lead teams of people, flexing style when and where possible to be seen as a thought-leader as well as producer
  • Demonstrated ability in implementing business plans related to sales, distribution and service
  • Strong communication and negotiation skills with the ability to influence outcomes

Qualification & Experience:

  • BSc (Hon) in Actuarial Science NQF Level 8, BSc (Hon) Mathematics, completed CFA, or equivalent qualification in Finance, Statistics, Investment Management and Actuarial Science.
  • A master degree in the field of Science, Mathematics, Statistics, Financial Management, Investment Management will be an added advantage.

Job Details:

Company: South African Post Office

Vacancy Type: Full Time

Job Location: Pretoria, Gauteng, SA

Application Deadline: N/A

Apply Here