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Business Development Manager - Bancassurance

Stanbic Bank Tanzania, Columbia, SC, United States


Job Description
We are seeking a results‑driven individual to grow and manage the Business Insurance proposition within the bank’s segment. The role focuses on driving revenue, building strategic partnerships with banking teams and insurance partners, and delivering tailored insurance solutions to meet client needs.

Qualifications

First Degree – Business, Commerce, Finance, Banking or related field

Certificate of Proficiency (Long‑Term and Short‑Term) – Insurance

Experience Required

Personal and Private Banking – 5‑7 years

The role requires proven experience in bancassurance/insurance sales or commercial business development and relationship management. A strong understanding of corporate client needs and financial products. Excellent relationship management, negotiation, and communication skills. Candidate must be results‑oriented with a track record of meeting or exceeding targets.

Key Responsibilities

Develop and execute strategies to grow bancassurance sales for commercial clients

Build and maintain strong relationships with Bank relationship managers and key stakeholders

Identify new business opportunities and expand existing client portfolios

Design and present customised insurance solutions to corporate clients

Monitor performance against targets and ensure consistent pipeline growth

Identify training needs and support bank staff on insurance products and sales approaches

Ensure compliance with regulatory and internal policies

Behavioural Competencies

Convincing People

Developing Expertise

Developing Strategies

Exploring Possibilities

Interacting with People

Making Decisions

Resolving Conflict

Empowering Individuals

Directing People

Taking Action

Team Working

Adopting Practical Approaches

Technical Competencies

Financial Acumen

Interpreting Financial Statements

Product Knowledge

Business Acumen

Written Communication

Strategic thinking and market awareness

Sales and business development expertise

Stakeholder management

Analytical and problem‑solving skills

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