Assistant Manager – Insurance Premium Finance

Employer: Exim Bank Tanzania
Position: Assistant Manager – Insurance Premium Finance
Number of Positions: 1
Department: Retail
Location: Dar es Salaam
Reports To: Manager, Operations and Claims
Working Hours: Monday–Friday, 8:00 AM–5:00 PM, with additional hours as required

Job Purpose

The Assistant Manager will oversee the entire insurance premium financing process by developing and implementing strategies to optimize premium financing sales and operations, set business targets, manage risks, drive growth, ensure regulatory compliance, and deliver excellent customer service.

Key Responsibilities

Develop and implement strategies to grow the premium finance business.
Expand the client base, increase loan volumes and maximize revenue.
Identify new business opportunities, partnerships and markets.
Monitor industry trends and competitor activities.
Lead, coach and supervise the Insurance Premium Finance team.
Set clear goals and monitor team performance.
Conduct performance evaluations and provide coaching and training.
Build and maintain relationships with clients, insurance carriers, financial institutions and other stakeholders.
Address client inquiries and concerns professionally and promptly.
Identify opportunities to improve client relationships and customer experience.
Ensure efficient operation of premium finance processes and systems.
Streamline workflows and improve operational efficiency.
Implement best practices and standards.
Assess and manage credit, market and regulatory risks.
Ensure compliance with applicable laws, regulations and industry standards.
Implement policies, procedures and controls to mitigate risks.
Prepare regular reports and performance updates for senior management.
Communicate effectively with internal and external stakeholders.

Required Experience & Skills

At least 5 years’ work experience in the Credit or Insurance industry, particularly in Operations, Underwriting and Claims.
Excellent knowledge of credit and insurance products and processes.
Strong understanding of regulatory requirements.
Ability to drive business performance and revenue.
Good interpersonal and management skills.
Strong understanding of customer segmentation, customer needs and distribution-channel strategies.
Proven ability to lead, coach and supervise teams.
Excellent written and verbal communication and negotiation skills.
Demonstrated integrity and ethical standards.

Desired Qualities

Strong analytical and risk-assessment skills.
Visionary leadership.
Entrepreneurial spirit.
Market awareness.
Customer focus.
Continuous innovation.
Ownership and commitment.
Team spirit.

Qualifications

Bachelor’s degree or equivalent in Insurance, Banking, Risk Management, Accounting, Actuarial Science, Finance, Business Administration or a related field.
Minimum Certificate in Insurance/CoP.
Sworn declaration of good character and solvency.
Attested declaration on solvency and non-conviction in criminal offences.
ACII is an added advantage.

Other Responsibilities

Carry out work in accordance with the Bank’s procedures.
Perform assigned tasks with due diligence.
Eliminate waste in all forms.
Suggest and adopt new practices that improve efficiency.
Contribute to the continuous improvement of the Bank.

Application Details

Interested candidates should submit their:

Updated CV
Cover letter

Applications should be sent to:

Email: hrrecruit@eximbank.co.tz
Application Deadline: 25 August 2026

Note: Only shortlisted candidates will be contacted.

Exim Bank (T) Ltd is an equal-opportunity employer committed to fostering a diverse workplace and achieving a gender-balanced team. Women and individuals with disabilities are particularly encouraged to apply.

Enquiries: 0800 780 111
Website: www.eximbank.co.tz

To apply for this job email your details to hrrecruit@eximbank.co.tz

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