Our
client, Daraja Microfinance Bank is licensed by Central Bank of Kenya as
a community Microfinance Bank covering Dagoretti Division.
Daraja’s
target market is the Micro and Small Enterprises (MSEs), their owners and
employees with the underlying goal being to help both individuals and groups
achieve their financial goals.
They
are seeking to recruit a highly talented professional to fill in the following
position in their Nairobi office:
Principal
Officer
Reporting
to the Chief Executive Officer, this is a position responsible for providing
leadership of OlDaraja Insurance Agency that’s fully owned by Daraja MFB.
OlDaraja is the bancassurance arm of the bank.
Principal Accountabilities
- Develop
the bancassurance strategy, policies, processes and procedures;
- Negotiate
terms with underwriters;
- Source
and secure new businesses, building and managing a customer portfolio;
- Train
the bank’s staff and partners on marketing and selling the priority
insurance products;
- Recruit
and train a sales force;
- Work
with the bank’s Head of digital banking to ensure insurance products are
sold on the bank’s digital channels;
- Undertake
market research in order to identify and recommend competitive products
and services
- Ensure
excellent and timely client services with regard to processing policies,
claims and related transactions;
- Responsible
for the overall operations of the business, including compliance with the
relevant Law and regulations;
- Provide
reports on the state of the business to senior management and the Board;
- Increasing
profitability of existing product lines by encouraging clients to use
added value services wherever possible
- Ensuring
credibility with clients by maintaining detailed knowledge of current
market conditions and competitors’ products;
- Builds
company image by collaborating with customers, government, community
organizations, and employees; enforcing ethical business practices.
- Direct
and coordinate organization’s financial and budget activities to fund operations,
maximize investments, and increase efficiency.
- Review
financial statements, sales and activity reports, and other performance
data to measure productivity and goal achievement.
Qualifications,
Experience and Knowledge
- Degree
in commerce - Finance / Banking / Insurance option
- Diploma
in Insurance (AIIK or ACII)
- 5
years’ experience in the insurance industry with extensive knowledge of
marketing
- Knowledge
of the Insurance products and services and IRA regulations
Interested
candidates are requested to forward their updated CVs to
recruit@virtualhr.co.ke by 4th July 2016 stating their current and expected
remuneration, daytime telephone contacts and addresses of three referees.
Website: www.darajabank.co.ke