Head Bancassurance

Mobilink Bank

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What is Head Bancassurance - MMBL?

The Head Bancassurance will lead the banccasurance business to drive the sale of insurance products through the bank's distribution chanels. This include formulating & exicuting strategies, building strong relationships with insurance partners, ensure team meets the targets & drive profitable growth within the Bancasurance sagment.

What Head Bancassurance - MMBL does?

Develop and execute an overall Business Plan covering all insurance activities across all the business based on business targets in alignment with Insurance Partners.
The incumbent shall be responsible to develop & deliver Banca strategy for retail customers across all businesses of the bank and launch new products through close working with insurance partners as well as internal stakeholders.
Liaise with internal and external stakeholders, business partners for front-end staff readiness, trainings & certifications.
Continually work to improve product delivery, including developing digital channels for bancassurance business.
Ensure compliance with key regulatory and bank level requirements.
Negotiate, finalize and build effective revenue streams for the Bank to generate income for attainment of business Targets.
Provide product knowledge and support to sales team, raising awareness and understanding of the proposition and product launches.
Keeping abreast of market competition, industry practices and best practices to constantly improve on overall business performance.
Initiate, execute and manage marketing programs and retention strategies in line with business objectives (premiums, commissions, product type, and number of policies)

What are we looking for and what does it require to be Head Bancassurance - MMBL?

Hold Bachelors degree Preferably Master s in business administration from HEC recognized university.
At least 7-10 years of experience. Exposure to financial institution / banking industry will be an additional advantage.
Demonstrated capacity to lead, coach and supervise team effectively.
Sound communication and interpersonal skills
Efficient in team management
Analytical skills
Negotiation skills
Ability to work under pressure
Time management
Proficient in MS Office

Job Details

Industry:

Banking/Financial Services

Total Positions:

1 Post

Job Type:

Full Time/Permanent

Job Location:

Islamabad, Pakistan

Gender:

No Preference

Apply Before:

Dec 01, 2024

Posting Date:

Nov 22, 2024

Mobilink Bank

Banking/Financial Services · 1001-1500 employees - Islamabad

Mobilink Bank is providing banking services to over 42 million registered users including 16+ million monthly active customers across Pakistan. With a hybrid model that combines traditional microfinance with mobile/digital banking technologies, the bank now operates with over 100 branches and 200,000 branchless banking agents and provides a USSD (GSM) based digital channel offering savings, micro enterprise (MSME) loans, small housing loans, remittances, collection (utility bills and loan installments), mobile wallets, insurance, G2P, B2B & B2P payments; thus, playing a leading role in the promotion of financial inclusion. MMBL is committed to fostering a positive and productive workplace, and our core values reflect this focus. These values include promoting innovation and entrepreneurship, encouraging teamwork and collaboration, and prioritizing a customer-centric approach in all aspects of our business.