Alliance Life Assurance Limited
Location: Dar es Salaam
Department: Retail
Reports to: Unit Sales Manager (Retail)
Alliance Life Assurance Ltd, established in 2010, is the first locally owned private Life Insurance Company in Tanzania. Over the years, it has grown to become a leader in life insurance and financial services in East Africa, offering insurance solutions to both corporate clients and individuals. Known for innovation, excellent customer service, and strong risk management, Alliance Life is a trusted name in the industry.
They are now seeking experienced Retail Financial Advisors (RFAs) to join their team. As an RFA, you’ll focus on selling life insurance products and supporting the retail distribution network to meet sales targets and contribute to business growth. This position is based in Dar es Salaam, reporting to the Unit Sales Manager (Retail).
Essential Duties and Responsibilities
As a Retail Financial Advisor, your key responsibilities will include:
- Achieving Sales Targets: Consistently meet and exceed sales goals.
- Attending Meetings: Participate in insurance-related meetings within your distribution network.
- Following Up on Leads: Work with leads provided by the distribution channel to close deals.
- Conducting Product Awareness: Educate potential clients about life insurance products through all distribution channels.
- Promotional Events: Attend campaigns and events to boost brand visibility and sales.
- Planning Sales Activities: Create daily and weekly sales plans, reporting them to your supervisor.
- Sending Proposals & Following Up: Ensure timely follow-ups on quotations, premiums, and renewals in line with ALAL standards.
- Sales Reconciliation: Perform monthly checks to make sure sales figures are correct.
- Building Client Relationships: Cultivate and maintain strong relationships with both new and existing clients.
- Supporting Bancassurance Channels: Follow up on shared lists of prospects and assist in closing deals.
- Reporting: Provide daily reports to Unit Sales Managers (USMs) and Bank Branch Managers on leads and prospects.
- Compliance: Follow all company policies and procedures.
- Other Duties: Handle any additional tasks assigned by management.
Qualifications and Experience Required
To be considered for this role, you need:
- A Bachelor’s Degree, Diploma, or Certificate in Insurance and Risk Management, Economics, Banking and Finance, Marketing, or a related field.
- Minimum 2 years’ experience in life insurance sales (highly preferred).
- Strong marketing and negotiation skills.
- Excellent relationship management skills.
- Self-motivation and the ability to work independently.
- Strong report writing and interpersonal skills.
- Excellent time management and organizational abilities.
- Ability to stay calm under pressure and meet deadlines.
- High level of integrity and professionalism, including a well-groomed appearance.
- Proficiency in Microsoft Office and basic computer skills.
- Fluent in both English and Swahili with strong communication, negotiation, and persuasion skills.
General Information
Alliance Life Assurance Ltd (ALAL) is an equal-opportunity employer and provides reasonable accommodations for qualified disabled applicants and employees. For questions regarding the physical demands of the position, please contact Human Resources.
How to Apply
If you’re interested and meet the qualifications, fill out the application form using the link below. Only shortlisted candidates will be contacted.
Application Deadline: 10th November 2023
