Sacco Bancassurance Officer (Ref: Cbi/Bo/03/26)
Job Ad expires on March 18th, 2026
Our client, a Licensed Deposit Taking Sacco based in Meru County, seeks to recruit a suitably qualified person to fill the position of Sacco Bancassurance Officer
Job Purpose:
The Sacco Bancassurance Officer is responsible to provide a crucial role in bridging cooperative financial services with insurance solutions.
Roles & Responsibilities:
- Market and sell insurance products to Sacco members in collaboration with partner insurance companies.
- Educate members and staff on available insurance products and benefits.
- Source new insurance business and grow the Sacco’s insurance portfolio.
- Handle insurance documentation, policy issuance, renewals, and endorsements.
- Assist members in claims processing and follow-up to ensure timely settlement.
- Maintain accurate records of insurance sales, premiums, and commissions.
- Ensure compliance with Insurance Regulatory Authority (IRA) guidelines and Sacco policies.
- Prepare periodic performance reports on bancassurance activities.
- Build and maintain strong relationships with insurance partners and Sacco members.
- Promote a culture of accountability, integrity, and continuous improvement within the Sacco.
Minimum qualifications:
- Bachelor’s degree in business administration, Finance, Insurance, Marketing, or a related field.
- A diploma in insurance should be an added advantage.
- Professional qualification in insurance (ACII, AIIK, or COP) is a MUST.
- At least two years’ experience in bancassurance, insurance sales, or financial services.
- Valid IRA certification/licensing will be an added advantage.
- Strong sales, marketing, and negotiation skills.
- Excellent communication and customer service skills.
- High level of integrity, professionalism, and attention to detail.
- Computer literacy and familiarity with core banking systems is desirable.
Key Skills and Competencies:
- Proven ability to conduct risk-based audits and internal control reviews.
- High level of integrity, independence, and ethical conduct.
- Excellent analytical, report-writing, and presentation skills.
- Good understanding of ICT systems and automated SACCO environments.
- Strong interpersonal, relation management and communication skills.
- Result-oriented and self-motivated.
- Ability to work independently and under minimal supervision.
- Good analytical and reporting skills.
- Sound financial management and analytical skills.
- Proven people management and organizational leadership skills
How to Apply
Interested and qualified applicants are requested to click on the link below and fill out the online application form and submit it by 18th March 2026. Any applications received after the closing date shall not be accepted.
