Area Sales Manager Bancassurance

Job Summary

To build and develop a high-performing team through embedding performance development and coaching. Ensure that the team member receives coaching and feedback in order to develop and achieve their maximum potential, meet and exceed sales targets.

Job Description

SUPERVISION OF BANCASSURANCE OFFICERS (BSO)                     

 TIME SPLIT  40%

Act as enabler to the Bancassurance Officers (BSO) under supervision by providing them with the tools and information to optimize sales
Through delegation to the Bancassurance Officers (BSO), achieve set annual sales targets.  Monitor the performance of the Bancassurance Officers (BSO) on a daily, weekly, quarterly and annual basis and provide coaching and feedback on how to improve performance
Agree individual targets with the team members for products, assets, liabilities and campaigns.
Manage daily attendance levels within the team in compliance with the relevant HR policies, including the management and approval of leave within the team.
On a daily basis, monitor the movement of the Bancassurance Officers (BSO) to ensure that planned meetings or activities are being carried out in the field
Motivate staff and ensure they are recognized through the Absa Bank PLC recognition schemes
Identify training needs of the team and arrange for these needs to be met through on-the-job coaching and formal training
Communicate a summary of the training needs to the Regional Sales Managers at least annually.  Ensure that the planned learning interventions take place particularly for compulsory training
Sit for Bancassurance Officers (BSO) interviews based on shortlist provided by Regional Sales Managers, HR and Resource Coordinator. 
Induct new Bancassurance Officers (BSO) and ensure that they participate in formal induction as well as the compulsory compliance training courses
Sit for disciplinary hearings for misconduct or incapacity charges together with HR
Ensure that Bancassurance Officers (BSO) understand the compensation plans in place

SUPERVISION OF SALES ACTIVITIES                                                

TIME SPLIT 40 %

Supervise product promotion campaign aspects by distributing material to Bancassurance Officers (BSO).  Cascade key messages, including training for products to staff members, including training on new application forms
Monitor sales performance on a daily, weekly and monthly basis and provide results to the Regional Sales Managers

BUSINESS EXPANSION                                                                              

TIME SPLIT 10 %

Work with Regional Sales Managers to unlock sales in companies through sales activations and financial trainings
Work with the sales teams and Regional Sales Managers to bring leads on new company sign ups

OPERATIONAL RIGOUR, COMPLIANCE AND CONTROLS                          

TIME SPLIT 10 %

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Absa Policies and Policy Standards. Understand and manage risks and risk events (incidents) relevant to the role.”
Ensure accuracy of each new account application, loan document, Barclaycard application and all other customer documents. Bancassurance Officers (BSO) are held personally accountable for accuracy and quality of these and supporting documents that they complete and submit.
Achieve operational rigour excellence in all aspects of procedures and processes personally undertaken to ensure green audit.
Comply with general Absa operational risk & rigour requirements e.g. Health & Safety standards and security of premises, KYC and anti-money laundering regulations.
Effective leave management of LGs in the team to manage branch costs
Effective management of reporting of LGs and prompt notification of any unexplained absences
Effective exit management
Effective management of performance records and use of LG Management tools to monitor performance and sales activities
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Absa Policies and Policy Standards. Understand and manage risks and risk events (incidents) relevant to the role.”

CONTRIBUTE TO THE DEVELOPMENT OF THE TEAM                          

 TIME SPLIT 5%

Share knowledge and experience with other Sales Managers in the team.
Provider cover for other Sales Managers in case of excessive workload or absence.
Share knowledge and experience and best practice with team members, Bancassurance Officers (BSO) and the broader business
Deputize for the Regional Sales Manager when required.

PERSONAL DEVELOPMENT                                                                      

TIME SPLIT 5%

Agree annual performance objectives with the Regional Sales Manager, including specific sales targets.
 Pursue continued improvement in personal development by participating in development programs and training.

Education and experience required

Insurance Qualification- Minimum Certificate of insurance
Competitor product sales experience
Insurance sales experience minimum 3years
Knowledge of the Bank’s products, services and policies including standard tariffs.
A good understanding of overall Retail goals & objectives, including the outlet’s objectives growth of sales, cost control and income contribution.
A thorough understanding of the sales process and the use of LG Management Tools
A working knowledge of the procedure manuals
A good working knowledge and understanding of relevant of legislation e.g KYC , Anti-Money laundering, banking code, service standards, health & safety standards etc.
A thorough knowledge of the bank’s internal departments, systems & procedures as well as risk & rigour requirements.
Preferred
A sound working knowledge of competitor products and services

Knowledge and Skills

Excellent planning & organization skills
Very strong communication & questioning skills
Good numeric & analytical skills
Networking
Good selling/influencing skills
Presentation skills
Listening skill

Competency

Competency definition/descriptor

We drive high performance to achieve Sustainability results
We play to win and are accountable for results.
We innovate, we are decisive, and we act quickly.
We learn from our failures; we are bold enough to change course.

We are obsessed with the customer

We are curious, we anticipate the customer’s needs.
We each take ownership of delivering the “One Absa” customer experience.
We outperform by going beyond customer expectations.

Our people are our strength

We integrate diverse perspectives to invent the future.
We collaborate with courage, honesty and powerful energy.
We trust, value and grow our people to achieve their full potential.

We have an African

heartbeat

We deliver a uniquely Absa experience, across Africa.
We co-create across Africa to deliver better solutions.
We actively engage our communities to bring people’s possibilities to life.

Technical Competencies

Business product and process awareness
Communication
People management & Team working
Interpersonal & networking skills

Apply via :

absa.wd3.myworkdayjobs.com