Senior Bancassurance Officer Jobs at Diamond Trust Bank
Diamond Trust Bank (DTB) Recruitment – March 2026
Bank with us. Bank on us. We Are Hiring!
Diamond Trust Bank is recruiting for two Senior Bancassurance Officer positions to strengthen its bancassurance team in Tanzania.
1. Senior Bancassurance Officer (Insurance Premium Financing)
Job Purpose Responsible for structuring, originating, executing, and managing insurance premium financing (IPF) solutions for corporate, individual, and SME clients. You’ll work closely with Corporate Relationship Managers, Credit, Risk, and Insurance Partners to grow fee income, deepen relationships, and increase insurance penetration through financing solutions.
Key Duties and Responsibilities
Business Development & Revenue Growth
- Identify eligible corporate and SME clients for insurance premium financing together with Relationship Managers.
- Structure competitive IPF proposals that match client cash-flow cycles and comply with bank credit policies.
Credit and Risk Management
- Collaborate with the Credit Department to carry out proper risk assessment of financed premiums.
- Ensure financing meets collateral, guarantee, or security requirements where needed.
Operations and Partnerships
- Coordinate with insurers and brokers to confirm policy issuance before releasing financing.
Portfolio Monitoring and Reporting
- Maintain an up-to-date IPF portfolio tracker (exposure, sector concentration, repayment status).
Requirements
- Bachelor’s degree in Business Administration, Insurance and Risk Management, Banking, Risk, Finance, or related field.
- Professional insurance qualification (CII) is an added advantage.
- 2–4 years’ experience in bancassurance or corporate insurance sales.
Personal Attributes
- Self-driven, proactive, and results-oriented.
- Strong interpersonal skills and team player.
- Confident engaging with senior corporate executives.
2. Senior Bancassurance Officer (Corporate)
Job Purpose Integrate insurance solutions into the corporate banking segment by working closely with Corporate Relationship Managers to deliver comprehensive insurance products that protect both corporate clients and their businesses.
Key Duties and Responsibilities
Business Development & Revenue Growth
- Identify, acquire, and manage corporate clients to increase uptake of insurance products.
- Develop and execute sales strategies to meet annual premium and commission targets.
Client Relationship Management
- Deliver end-to-end client support with excellent service standards.
- Carry out regular relationship reviews with key corporate accounts.
- Ensure timely renewal of all corporate insurance policies.
Operational Excellence
- Handle accurate documentation, policy issuance, endorsements, and timely invoicing.
- Follow up on premium payments and ensure correct booking per bancassurance procedures.
Reporting and Performance Monitoring
- Prepare weekly, monthly, and quarterly sales performance reports.
- Track results against budget and flag any shortfalls early.
Requirements
- Bachelor’s degree in Business Administration, Insurance and Risk Management, Banking, Risk, Finance, or related field.
- Professional insurance qualification (CII) is an added advantage.
- 2–4 years’ experience in bancassurance or corporate insurance sales.
Personal Attributes
- Self-driven, proactive, and results-oriented.
- Strong interpersonal skills and team player.
- Confident engaging with senior corporate executives.