INSURANCE OFFICER – Azania Bank Ltd

Azania Bank Ltd is among the promising local Banks that has been able to harness its growth potential by enhancing its client base through enhanced customer outreach and innovative products and services. These developments have in turn been creating employment opportunities. As for now, there exist vacancies at Head Office and branches for Tanzanians who are interested in joining well motivated workforce. the job vacancies are as follows:-

10. INSURANCE OFFICER – 1 POSITION - HEAD OFFICE (DAR ES SALAAM)
Tasks and Responsibilities
• Prepare and submit appropriate insurance reports and insurance premium amounts collected for the month to the insurer at the end of every month.
• Reconcile the issued insurance cover notes from the insurer with the insurance premium payments submitted by the Bank.
• File the insurance cover notes from the insurer and perform custodianship duties
• Prepare and submit appropriate annual reports and annual premiums for the outstanding loan amounts annually at the beginning of the calendar year.
• Maintain files for reference in respect of all reports, submissions and correspondences between the insurer and the bank.
• Prepare monthly reports for the Management for control and monitoring giving details of payment of insurance submitted to the insurer for the month, cover notes collected from the insurer, amount outstanding in the insurance payable account, total amount of cash cover held for insurance in customers’ accounts, amount collected as bank commission account and any report on claims if any on the amount and status.
• Prepare appropriate documentation and follow up on claims from the Insurer.
• Advise the Management on matters related to insurance on credit facilities and mortgaged properties.

Qualifications, Work Experience and Competences:
• A Bachelor Degree or Advanced Diploma in Insurance with at least two years of work experience in Banking Sector in Insurance Operations. She/he also should be computer literate.
• High Standard of integrity, Attentive to detail, Good communication and Interpersonal skills and Customer driven attitude
Remuneration
Attractive remuneration packages await successful candidates to the above positions as per Azania Bank Limited Salaries and Incentive Schemes as reviewed from time to time.
General Information
Shortlisted candidates will be required to meet all costs associated with their attendance to the interviews. Please note also that successful candidates will be required to meet their relocation costs to duty stations.

Mode of Application
Azania Bank Limited is an equal Opportunity Employer. Applications must be attached with detailed resume, Copies of relevant certificates, names and addresses of at least two referees. Please provide telephone numbers and e-mail addresses of referees. The deadline for submission of applications is two weeks after the appearance of this advert.

Please note that only shortlisted candidates will be contacted.
Please apply in confidence to: MANAGING DIRECTOR,
AZANIA BANK LIMITED,
MAWASILIANO TOWERS,
SAM NUJOMA ROAD
P. O. BOX 32089
DAR ES SALAAM.
Tel No.: 2412025/26/27,
Fax No.: 2412028