Senior Bancassurance Specialist

Job Title: Senior Bancassurance Specialist

Location: United Arab Emirates (Remote)

Employment Type: Full-Time

Work Arrangement: 100% Remote — Work From Home

Level: Senior

About the Role

We are seeking an experienced Senior Bancassurance Specialist to support and strengthen insurance distribution partnerships between banks and insurance providers. This role focuses on bancassurance operations, partner relationship coordination, product performance monitoring, sales analysis, process improvement, and compliance oversight. The successful candidate will work remotely with banking partners, insurers, underwriting teams, and internal stakeholders to improve distribution effectiveness, support business growth, and maintain high standards of customer service and regulatory compliance.

Key Responsibilities

• Coordinate day-to-day bancassurance activities across banking partners, insurance providers, and internal business units.
• Support the development and implementation of bancassurance strategies aligned with business objectives and partner requirements.
• Monitor insurance product distribution performance across bank branches, digital channels, relationship management teams, and other approved sales channels.
• Analyse premium volumes, policy issuance, conversion rates, renewal performance, persistency, and revenue contribution.
• Prepare performance dashboards, sales reports, business reviews, and management presentations.
• Maintain effective working relationships with bank representatives, insurance partners, product teams, and operational stakeholders.
• Coordinate product launches, promotional campaigns, sales initiatives, and distribution support activities.
• Review bancassurance workflows, application processing, policy issuance, premium collection, renewals, and servicing procedures.
• Identify operational bottlenecks and recommend improvements to turnaround times, service quality, and partner experience.
• Support the preparation and review of product information, sales guides, training materials, and partner communications.
• Coordinate training and knowledge-sharing sessions for bank personnel on insurance products, processes, documentation, and customer servicing requirements.
• Monitor sales quality indicators and identify unusual trends, persistency concerns, or potential conduct risks.
• Review partner-related operational issues, customer complaints, and service escalations, coordinating resolution with relevant teams.
• Support the monitoring of compliance with insurance distribution requirements, customer disclosure standards, data protection obligations, and internal policies.
• Maintain accurate records of partner agreements, performance reviews, operational procedures, and business correspondence.
• Collaborate with finance teams on premium reconciliation, commission reporting, partner statements, and distribution-related financial queries.
• Assist with business planning, partner performance assessments, and opportunities to expand bancassurance distribution.
• Provide remote advisory and operational support while ensuring regulated sales activities, customer suitability assessments, formal product recommendations, and required approvals are handled by appropriately licensed and authorised personnel.

Qualifications and Experience

• Bachelor's degree in Business Administration, Finance, Banking, Insurance, or a related discipline.
• Significant experience in bancassurance, insurance distribution, banking partnerships, or insurance business development.
• Strong understanding of bancassurance operating models, insurance products, distribution channels, and partner relationship management.
• Experience working with life insurance, general insurance, protection products, savings products, or other bank-distributed insurance solutions.
• Knowledge of insurance sales performance metrics, premium reporting, commission structures, and renewal management.
• Experience preparing business performance reports, dashboards, and partner presentations.
• Familiarity with banking systems, insurance administration platforms, CRM tools, and Microsoft Office applications.
• Strong analytical skills, including the ability to interpret sales trends and identify opportunities for business improvement.
• Understanding of insurance distribution regulations, customer protection principles, disclosure requirements, and compliance controls in the UAE.
• Excellent stakeholder management, negotiation, and communication skills.
• Ability to coordinate multiple partners and business priorities in a remote working environment.
• Strong organisational skills, commercial awareness, and attention to detail.
• Relevant insurance, banking, or financial services qualifications are an advantage.

What We Offer

• A fully remote working arrangement based in the UAE.
• Competitive compensation aligned with experience and professional expertise.
• Opportunities to work with banking and insurance distribution partners.
• Exposure to strategic business development, product distribution, and operational improvement initiatives.
• Opportunities for professional development and career progression within financial services.

How to Apply

Interested candidates should submit an up-to-date CV highlighting their experience in bancassurance, insurance distribution, banking partnerships, sales performance management, and relevant regulatory knowledge.

Application Subject: Application – Senior Bancassurance Specialist (UAE Remote)

• Candidates should confirm applicable employment arrangements, residency requirements, and work authorization before accepting an offer.