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Head of Business Development – Business Banking, Corporate & Investment Banking
Absa Group. Develop and execute the insurance growth strategy for Business Banking and Corporate & Investment Banking .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in developing and executing insurance growth strategies for Business Banking and Corporate & Investment Banking, with a strong focus on revenue management, partnership negotiation, and compliance with customer-protection standards. Proven ability to lead high-performing teams and present strategic insights to executive governance forums.
Highest-signal resume keywords
Insurance Growth Strategy DevelopmentRevenue ManagementPartnership NegotiationFinancial Performance AnalysisTeam Leadership
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
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Hard Skills
Insurance Solutions DevelopmentBancassuranceBusiness DevelopmentDistribution ManagementExecutive Reporting
Soft Skills
NegotiationCoachingPresentation SkillsRelationship Management
Certifications & Qualifications
Bachelor’s DegreeMaster’s Degree or MBADiploma in InsuranceACII CertificationAdvanced Certification in Corporate Insurance
Industry Keywords
Business BankingCorporate & Investment BankingCustomer Protection StandardsRisk ManagementInsurance Strategy
About the role
Key responsibilities & impact- Develop and execute the insurance growth strategy for Business Banking and Corporate & Investment Banking
- Translate segment priorities into annual revenue, penetration, pipeline and partnership plans
- Identify priority industries, customer groups and risk themes requiring differentiated insurance solutions
- Own revenue, profitability, premium, customer-contribution and penetration outcomes for assigned segments
- Use portfolio and pipeline data to identify gaps, opportunities and corrective actions
- Drive forecasting, opportunity management and conversion across relationship-led channels
- Shape customer-led risk and insurance propositions for business and corporate clients
- Coordinate insurers and internal specialists to structure life, general and specialized solutions
- Ensure propositions are commercially viable, operationally deliverable and compliant with customer-protection standards
- Strengthen execution through Relationship Managers, branch, digital, embedded and alternative channels
- Lead negotiation and governance of high-impact internal and external partnership agreements
- Define partner accountabilities, commercial terms, service standards and performance measures
- Present performance, risks and strategic milestones to EXCO, Board and relevant governance forums
- Build alignment across segments, Product, Operations, Risk, Compliance, Finance and insurer partners
- Represent the business in relevant client, market and industry forums
- Recruit, coach and lead a high-performing team with clear targets and succession plans
Requirements
What you’ll need- Bachelor’s degree from a recognized institution in Insurance, Business, Commerce, Finance, Economics, Marketing or a related discipline
- At least 10 years’ relevant experience in insurance, bancassurance, banking or financial services
- At least 5 years in a senior commercial, segment or business-development leadership role
- Experience developing insurance solutions for Business Banking and Corporate & Investment Banking customers
- Experience negotiating partnerships, managing revenue portfolios and presenting to executive governance forums
- Knowledge of BB and CIB insurance strategy
- Knowledge of distribution management
- Knowledge of financial performance analysis
- Knowledge of partnership structuring
- Knowledge of executive reporting
- Where applicable, maintain registration and a valid practicing certificate as an insurance professional
- A master’s degree or MBA is an added advantage
- A diploma in insurance or a technical insurance qualification eg ACII
- Advanced certification in corporate insurance, risk management, relationship management or strategic sales is desirable
Benefits
Comp & perks- My Career Development Portal: leading-edge guidance, tools and support to unlock your potential
- Equal opportunity, affirmative action employer
- Preference for suitable candidates from designated groups whose appointments contribute toward equitable demographic representation and workforce diversity