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Insurance Specialist at Vodacom

Insurance Specialist at Vodacom

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Dar Es Salaam, Tanzania
Full-Time
3 years Experience

Job Description

What you’ll do

Role purpose:

  • Develop and Drive an on-ground Insurance distribution strategy to ensure Growth targets are met.
  • Collaborate with IT and other M-Pesa teams to support new product developments, product upgrades, configuration changes, change requests, and incidents.
  • Hold overall accountability for VodaBima Customers' Retention Strategy and churn management.
  • Develop and maintain positive relationships with Insurance partners.
  • Ensure timely payment of VodaBima Platform fees by Partners.
  • Oversee timely claims payment and improve customer satisfaction with VodaBima services.

Key Accountabilities:

  • Develop and Drive a strategy to achieve maximum penetration and adoption of VodaBima Products & Services.
  • Align with the Product development team on new developments and sort all issues requiring developments and enhancements.
  • Perform competitor analysis and develop tactical initiatives to address challenges.
  • Perform frequent consumer understanding activities and physical visits to learn the behavior and/or pain points of different customer segments and provide key insights for development.
  • Consistently monitor churn rate, subscriber base, usage, and propositions to ensure a healthy customer base.

Core competencies, knowledge, and experience:

  • Excellent analytical and logical reasoning skills translated from consumer insights
  • Excellent communication skills
  • Strong stakeholder management skills
  • Ability to anticipate customer, competitor, and market dynamics
  • Able to challenge the status quo

Must have technical/professional qualifications:

  • Bachelor's degree in risk management and insurance, Actuarial Science, or its equivalent.
  • She/he must have at least 3 years of working experience in the insurance business.
  • Understanding of insurance laws and regulations of the country.
  • Strong analytical skills and business acumen.
  • Build and maintain relationships with key stakeholders in the value chain.
  • Project management knowledge and experience would be advantageous.

Key performance indicators:

  • Overall VodaBima's Growth as per the company's target
  • Grow VodaBima Market and Value Share.
  • Accurate and timely delivery of the execution plans specified on the calendar
  • Quality of support and stakeholder alignment
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