Manager General Insurance at Exim Bank - March 2025

ABOUT US

The Exim Bank of Tanzania (EBT)
In 1997, once Tanzania's economy was liberalised, a group of businesses decided to start Exim Bank Tanzania (EBT). It didn't take the bank more than five months to turn a profit.

Growth in a Specific Area
Until its completely owned subsidiaries in Comoros, Djibouti, and Uganda went live in November 2019, EBT was the first indigenous Tanzanian bank to go global. The regional financial services organisation known as the Exim Bank (East Africa) Group was formed in April 2010 when the Bank of Tanzania authorised EBT to create subsidiaries in Djibouti and Zambia.

Imperial Bank (Uganda) Limited was renamed Exim Bank (Uganda) Limited when EBT bought 58.6% of the company in March 2016. United Bank Tanzania Limited was a Pakistani subsidiary that the bank expanded into in November 2019 after it acquired various businesses and assets.

New Advancements
The group's total assets reached TSh 2.4 trillion (US$1.03 billion) in July 2022 after Exim Bank Tanzania bought out First National Bank of Tanzania.

JOB TITLE: Manager General Insurance

Exim Bank

Job Description

Contributes to the goals of the bancassurance by helping to design and execute insurance cover sales and underwriting processes. Providing a proficient and reliable insurance service. This involves meeting all deadlines for the client's life-related matters. Delivering the business budget and guaranteeing sustainable and profitable operations are achieved through the provision of expert advice and assistance to the team, which includes business retention.

Roles & Responsibilities

• Manage the retail and corporate (CIB) portfolios in pursuit of renewal and new business.
  Contacting prospective clients to build rapport and schedule meetings is an important part of maintaining, generating, and managing current and new business.
  Working with insurers to negotiate terms and coordinate reinsurance arrangements through the development of client-facing bids and proposals.
  Crafting and creating marketable general insurance products.
  Assisting customers with their general insurance requirements, including policy placement and negotiation.
  Fostering a strong bond between the branches and relationship managers of Bancassurance and Exim Bank.
  Verify for compliance any and all proposals, enquiries, or quotes received either directly or via the sales channels.
  Create a number of analytical reports for the company's use, and provide guidance to the Head of Bancassurance as needed.
  Create a plan for selling all of the general products and see it through to completion.
  Underwriting and claim procedures on all general insurance products.
  Oversee the insurance-specific staff at each location.
  Recognising and promptly resolving concerns with general insurance products through proactive measures.
  Oversee interactions with clients, affiliates, and other interested parties.
  Manage education on a variety of insurance policies.
  Oversee all hazards associated with standard insurance policies.

SKILLS:

• Having worked in operations, underwriting, and claims for at least five years, I have a strong background in the insurance industry.
  Superb understanding of insurance products and procedures, rules and regulations, and revenue and performance maximisation strategies.
  Ability to effectively manage and interact with others
  Thorough familiarity with distribution channel methods and a solid grasp of consumer segmentation and their needs
  Proven ability to guide, instruct, and oversee team members
  Honesty and high moral values Displayed outstanding verbal and written communication abilities Skilled negotiator

QUALITIES

• Technical Skills
• Strong analytical and risk assessment skills
• Visionary Leadership
• Spirit
• Market Awareness
• Customer Focus
• Continuous Innovation
• Ownership & Commitment
• Team Spirit

QUALIFICATIONS

• Qualifications for professional practice often include a bachelor's degree or its international equivalent in a business-related discipline, law, risk management, insurance, banking, actuarial science, or finance.
  Certifications held by professionals (at least an insurance/cop certificate is required).
  Sworn Admittance of sound moral character and financial stability.
  Declaration of solvency and absence of criminal convictions attested.
  An additional benefit will be ACII.

How to Apply:

CLICK HERE TO APPLY