Website Diamond Trust Bank (DTB)
Diamond Trust Bank (DTB)
Vacancy Overview: Senior Bancassurance Officer
Both positions require a strong background in insurance sales within a banking environment, focusing on the corporate and SME segments.
1. Core Comparison of Roles
| Feature | Insurance Premium Financing (IPF) | Corporate Bancassurance |
| Primary Focus | Structuring and managing financing solutions for insurance premiums. | Integrating general insurance products into the corporate banking segment. |
| Key Objective | Increase insurance penetration through credit/financing solutions. | Drive insurance product uptake and manage annual premium/commission targets. |
| Internal Partners | Credit Department, Risk, and Relationship Managers. | Corporate Relationship Managers and Operations teams. |
2. Shared Requirements & Attributes
Regardless of the specific desk, candidates must meet the following criteria:
-
Education: Bachelor’s degree in Business Administration, Insurance and Risk Management, Banking, Risk, or Finance.
-
Experience: Minimum 2–4 years in Bancassurance or Corporate Insurance sales.
-
Advantage: Professional insurance qualification (CII).
-
Key Skills: Proactive, results-oriented, and able to engage confidently with senior corporate executives.
3. Combined Key Responsibilities
Business Development
-
Identify and acquire corporate and SME clients to drive insurance uptake.
-
Develop sales strategies to meet annual targets for premiums and commissions.
-
Structure competitive financing proposals (IPF) aligned with client cash-flow cycles.
Risk & Relationship Management
-
Conduct regular relationship reviews and provide end-to-end client support.
-
Collaborate with the Credit Department for risk assessment of financed premiums.
-
Ensure timely renewal of all corporate insurance policies.
Operations & Reporting
-
Coordinate with insurers and brokers to confirm policy issuance and documentation.
-
Maintain portfolio trackers and prepare weekly, monthly, and quarterly sales reports.
-
Ensure accurate invoicing and booking in line with bancassurance procedures.
4. Application Information
-
How to Apply: Send your application letter and CV to recruitment2026@diamondtrust.co.tz.
-
Deadline: 10th March, 2026.
To apply for this job email your details to recruitment2026@diamondtrust.co.tz
