Bancassurance Officer at World Vision

, , Tanzania -

Full Time

Start Date

Immediate

Expiry Date

15 Apr, 26

Salary

0.0

Posted On

15 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Insurance Intermediary, Underwriting, Claims Processing, Communication, Financial Reporting, Record Keeping, Insurance Placement, Policy Compliance, Reconciliation, Stakeholder Management, Bancassurance, Premium Monitoring, Claims Register Management, Inquiry Response, Risk Assessment, Data Management

Industry

Non-profit Organizations

Description

With 75 years of experience, our focus is on helping the most vulnerable children overcome poverty and experience fullness of life. We help children of all backgrounds, even in the most dangerous places, inspired by our Christian faith. Come join our 33,000+ staff working in nearly 100 countries and share the joy of transforming vulnerable children’s life stories! Key Responsibilities: Takes responsibility as an insurance intermediary for both life and non-life business placement and underwriting end to end process of all the risks placed through the Bank. Takes responsibility as an insurance intermediary for both life and non-life incurred and reported claims with the end-to-end claims processes. Makes proactive and clear communications to relevant stakeholders. Complies with VFT Bancassurance Policy, Manual and all availed Bank manuals that directly or indirectly support the Bancassurance function. Initiates and manages all Bancassurance transactional reconciliations to give an accurate financial position of the Unit to the Bank at all times. Prepares and shares timely and accurate periodic reports Creates and manages accurate record keeping files that are accessible to relevant stakeholders at all times. Arranges competitive placement of insurance covers through insurers on the Bank’s Bancassurance panel. Records all policy details in the Bancassurance tracker and update the Bank shared folder. Monitors, follows-up and updates the underwriting register on outstanding and paid premiums, commissions and admin fees which inform the Bank’s contribution to the insurance industry through the quarterly returns to TIRA. Records all claims reported in the Bancassurance claims register and follow-up on the pending claims with insurers. Responds to all inquiries as may be required in guidance of the Bancassurance Policy and Manual. Applicant Types Accepted: Local Applicants Only Our vision for every child, life in all its fullness. Our prayer for every heart, the will to make it so. As a global Christian relief, development and advocacy organisation, our focus is on helping the most vulnerable children overcome poverty and experience fullness of life. We help children of all backgrounds, even in the most dangerous places, inspired by our Christian faith. Learn more about our work at wvi.org. Our organisational culture reflects a "Partnership" of World Vision offices in 100 countries and 33,000+ staff working towards one vision: life in its fullness for every child. A career with World Vision is a God-given calling, and we believe that every staff member has been brought to World Vision for God’s purposes. Whether working from home, in an office, or with children and community members, we celebrate and embrace each staff member’s diverse background and talents – knowing that together, we can make a difference. Together, #WeAreWorldVision. Learn more about our culture. Our people are our greatest asset. Each staff member brings their unique experience and God-given talents to the organisation – and in return World Vision provides employees a competitive "Total Rewards" package tailored to the context in which they work. Learn more about benefits. Have questions about applying to a job with World Vision? See our Frequently Asked Questions.

Responsibilities

The Bancassurance Officer is responsible for managing the end-to-end process of insurance placement and claims for both life and non-life businesses. This includes proactive communication with stakeholders, compliance with policies, and accurate financial reporting.