A Business Development Officer Bancassurance is someone who helps grow insurance sales through banks.
In simple terms, you work with banks to sell insurance products, find new customers, and keep existing clients happy.
You’ll also work closely with:
- Bank managers
- Relationship officers
- Insurance teams
Your main goal? 👉 Grow profitable business and build strong partnerships.
Main Job Purpose
As a Business Development Officer Bancassurance, your job is to:
- Generate new insurance business through banks
- Maintain and grow relationships with bank partners
- Ensure customers renew their insurance policies
- Help the company meet sales and profit targets
You’ll report directly to the Sales Manager – Bancassurance.
Key Responsibilities of a Business Development Officer Bancassurance
Let’s break this down in a simple way 👇
1. Grow Business Through Bank Partnerships
You’ll work with banks to increase sales by:
- Creating strategies to grow new business
- Finding new opportunities within bank partners
- Tracking performance for each bank
👉 Think of it like helping the bank sell more insurance every month.
2. Ensure High Renewal Rates
Renewals are very important in insurance.
Your job is to:
- Follow up with clients before policies expire
- Make sure at least 90% of customers renew
- Track and improve retention rates
Read also: ERT Specialist Job at Geita Gold Mining Ltd (GGM) April 2026
3. Train Bank Staff
You’ll help bank teams understand insurance products by:
- Creating training schedules
- Teaching them about products and processes
- Making sure training is done properly
👉 The better trained they are, the more they sell.
4. Build Strong Relationships
This role is all about people.
You’ll need to:
- Visit bank partners regularly
- Support relationship managers
- Keep communication clear and professional
5. Work With Internal Teams
You won’t work alone.
You’ll coordinate with:
- Underwriting teams
- Claims department
- Operations teams
👉 This ensures smooth service for clients.
6. Analyze Data and Improve Performance
You’ll look at data to:
- Understand sales trends
- Identify opportunities
- Advise your manager on growth strategies
7. Handle Quotes and Tenders
You’ll also:
- Prepare insurance quotations
- Send them quickly to clients
- Manage tender documents and deadlines
8. Manage a Team
You’ll supervise:
- Bancassurance Relationship Executives
Your role is to:
- Guide them
- Track their performance
- Help them meet targets
Working Relationships
Internal
- Your team members
- Other departments (claims, underwriting, operations)
External
- Customers
- Banks
- Brokers
- Regulators (like TIRA)
- Service providers
👉 You’ll be connecting people from both inside and outside the company.
Qualifications and Experience Required
To become a Business Development Officer Bancassurance, you’ll need:
Education
- Bachelor’s degree in a business-related field
- Insurance-related studies are a plus
Professional Certification
- CII Certificate or similar qualification
Experience
- 3–4 years in sales (insurance preferred)
- Experience working with banks is a big advantage
Skills
- Good understanding of insurance
- Strong communication skills
- Relationship management skills
- Ability to analyze data
Job Location and Details
- Location: Dar es Salaam, Tanzania
- Company: Britam Insurance Tanzania Limited
- Job Type: Full-time
- Shift: Day job
- Application Deadline: 14 April 2026
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