Director Insurance Products

SUMMARY:
We are seeking a dynamic and strategic leader to take on the role of Director of Insurance Products within a leading bank in East Africa. This role offers a unique opportunity to drive innovation, expand market reach, and optimize profitability in the bancassurance space.

POSITION INFO:
Director of Insurance Products
📍 Location: East Africa | Leading Bank

Key Responsibilities:

• ✅ Product Strategy & Development – Lead the design, development, and implementation of competitive insurance products tailored to customer needs.
• ✅ Market & Competitor Analysis – Analyze industry trends, regulatory changes, and customer insights to enhance product offerings.
• ✅ Partnership Management – Build and maintain strong relationships with insurers, reinsurers, and regulatory bodies.
• ✅ Compliance & Risk Management – Ensure that all products align with regulatory requirements, risk frameworks, and internal governance standards.
• ✅ Revenue & Profitability Growth – Develop pricing models and business strategies to optimize profitability and market penetration.
• ✅ Cross-functional Collaboration – Work closely with banking teams, sales, and digital innovation units to integrate insurance products seamlessly.
• ✅ Team Leadership – Lead and mentor a high-performing team, fostering a culture of excellence and innovation.

• ✔ Bachelor’s Degree in Business, Finance, Actuarial Science, or a related field (Master’s preferred).
• ✔ 10+ years in insurance product development, with experience in bancassurance, underwriting, or product management.
• ✔ Deep understanding of East African insurance and banking regulations.
• ✔ Proven track record in driving growth, innovation, and profitability in insurance products.
• ✔ Strong strategic thinking, stakeholder management, and negotiation skills.

• 🚀 Pioneering Role – Lead the transformation of insurance within the banking sector.
• 🤝 Impactful Work – Shape the future of financial protection for customers across East Africa.
• 🌍 Dynamic Environment – Collaborate with top industry professionals in a fast-paced, high-growth setting.