Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description- Drives the organization business development strategies, enhances its current portfolio, and explores new business opportunities.
- Develops and drives the sales strategy around growing the insurance broker subsidiary in line with and supports group’s broader strategy
- Ensure effective cross sell of insurance products and services across all major product lines.
- Maximize the insurance revenue opportunities in conjunction with the various business segments across Stanbic IBTC group
- Has a good understanding of the strategic business drivers, opportunities, challenges, needs, competition, and threats inherent in the insurance environment
- Ensure effective supervision of Business development managers to deliver their set targets for the organization
- Training and Mentoring of Business Development Managers on product and insurance industry knowledge to deliver on their set key performance indicators
- Achieve monthly and yearly Insurance brokerage income target
- Achieve monthly and yearly insurance policy target
- Achieve monthly and yearly new customer acquisition for both personal and business lines
- Drive development and adoption of other channels through which customer can purchase and carry out interactions on their policies
- Has insights into market trends, developments and benchmarks within the financial sector and its implications on the insurance brokerage business
- Grow SIIBL wallet share of customer’s insurance portfolio by harnessing and upselling insurance products.
- Bsc Marketing related field.
- Professional certification in relevant field can be an added advantage.
Experience:
- 8-10 years experience in developing, designing and enabling segment value propositions. Strong understanding of digital, open banking and platform integrations.
- 8-10 years experience in all facets of consumer banking, including heading up a segment. Knowledge and experience of Affluent consumers, their needs and their markets gained from an extended period of industry experience and a proven track record in organisations of comparable size and complexity. Experience in managing an income statement and balance sheet.
Behavioural Competencies:
- Developing Strategies
- Embracing Change
- Empowering Individuals
- Establishing Rapport
- Generating Ideas
- Making Decisions
- Producing Output
- Pursuing Goals
- Showing Composure
- Taking Action
- Understanding People
- Valuing Individuals
Technical Competencies:
- Business Development
- Customer Understanding ( Consumer Banking)
- Economic Capital Management
- Risk Reporting
- Risk Response Strategy
- Risk/ Reward Thinking
- Write Effective Communications
Skills Required
- Bachelor of Science degree in Marketing or a related field
- Professional certification in a relevant field
- 8–10 years of experience developing, designing, and enabling segment value propositions
- Strong understanding of digital, open banking, and platform integrations
- 8–10 years of experience across consumer banking, including heading a segment
- Experience serving affluent consumers and understanding their needs and markets
- Proven track record in organizations of comparable size and complexity
- Experience managing an income statement and balance sheet
Standard Bank Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Standard Bank Group and has not been reviewed or approved by Standard Bank Group.
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Leave & Time Off Breadth — Leave options span vacation, study, parental, compassionate/family responsibility, sick/short‑term incapacity, sabbatical, recognition and optional unpaid leave, subject to country practices. This breadth provides flexibility to manage family, study, health, and rest needs.
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Healthcare Strength — Core protection includes medical cover and death/incapacity insurance, with many markets offering permanent health insurance and optional life/funeral or gap‑cover add‑ons. Wellness and counselling programs further strengthen day‑to‑day health support.
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Fair & Transparent Compensation — Formal remuneration materials emphasize equal pay for work of equal value, structured market alignment, and pay‑equity analyses alongside clawback/forfeiture provisions. This governance signals predictable, fairness‑oriented pay practices.
Standard Bank Group Insights
What We Do
As a brand with a legacy of 161 years in Africa, we have a deep understanding and belief in the boundless opportunities that this continent presents. Our vision extends beyond mere geography; it encompasses a profound recognition of the potential for growth that resonates within our people, customers, entrepreneurs, and all who share our unwavering commitment and passion for investing in Africa. With a presence in 20 countries across sub-Saharan Africa, we have cultivated a diverse community of the most skilled, innovative, and creative minds in the industry. Our purpose is to drive Africa's growth, acting as a catalyst for inclusive and sustainable economic development in the regions we serve. We strive to improve the lives of our fellow Africans by conducting business in an ethical and responsible manner. As a trusted partner, we consistently set higher standards and aspire to become better with each endeavour. We are more than just a banking institution; we are a driving force behind Africa's growth. Join us on this transformative journey. Together, we have the collective power to propel Africa into the future, making tangible progress for all who proudly call Africa home.
