JOB SUMMARY:
PURPOSE: To develop and maintain effective and sustainable medical insurance business promotion, marketing strategies and retention. To keep incomes at acceptable levels while ensuring high business retention.
KEY ACCOUNTABILITIES / FUNCTIONS
The Incumbent will report to the Head-Bancassurance and will be responsible for:• Identify business opportunities in medical insurance• Formulating in consultation with Business Development Manager medical insurance products and services• Handle new business quotations and follow up.• Liaise with underwriters to ensure renewal notices are dispatched promptly• Organize renewal/review meetings with insurers and clients.• Ensure renewal of existing covers/businesses.• Maintain close liaison with underwriters to enhance customer service and satisfaction• Conducting market intelligence to keep abreast of development in the insurance industry.• Conduct member education, sensitization and health talks for schemes in our books.• Advise clients on admission procedures.• Update members on insurer service providers.• Respond to day today inquiries on client queries.• Ensure premiums are paid at inception of cover.• Participate in training branch staff on medical insurance products.• Participate in marketing other Bancassurance products.
COMPETENCE REQUIREMENTS:
• Ability to network in the insurance industry• Ability to identify risks and offer solutions in products development• Excellent underwriting skills• Knowledgeable in underwriting risks• Ability to make logical, rational and sound judgment.
ACADEMIC QUALIFICATIONS
• University degree in Insurance, Marketing or Business related.• Master’s degree will be an added advantage.
PROFESSIONAL QUALIFICATIONS
• Diploma in insurance –ACII or IIK• Certificate of Proficiency in insurance- COP• At least three years’ experience in medical insurance underwriting.
