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Head Of Bancassurance

(Quality Assurance)

LOLC (CAMBODIA) PLC
Mean Chey | Phnom Penh
  1 ប្រកាស
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Real by the Company.
This Job has been Verified as
Real by the Company.
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Head Of Bancassurance

(Quality Assurance)

LOLC (CAMBODIA) PLC
អ្នកជ្រើសរើសត្រូវបានសកម្ម13 ម៉ោង កន្លងទៅ This Company is Actively
Hiring. Your CV will be Sent
Directly to the Company.
This Company is Actively
Hiring. Your CV will be Sent
Directly to the Company.
Cambodia - Phnom Penh
Verified This Job has been Verified as
Real by the Company.

កម្រិតបទពិសោធន៍

Director and Above

មុខងារការងារ

Quality Assurance

វិស័យការងារ

Banking/ Insurance/ Microfinance

កម្រិតអប់រំ

Bachelor Degree

ប្រភេទការងារ

Full Time

ការពិពណ៌នាការងារ

A Great Opportunity for ...

  • Coordinate the assessment, placement and renewal of LOLC Cambodia’s own insurance coverage, working with the relevant departments and approved insurers or brokers. Recommend coverage and insurer selection to the authorized approvers, subject to procurement procedures and delegated authority.
  • Recommend corporate insurance coverage, insurer selection and purchases to the authorized approvers. Commitments and purchases must comply with procurement procedures and delegated authority.
  • Conduct an annual review of LOLC Cambodia’s corporate insurance arrangements, and additional reviews following material changes in assets or operations, in consultation with Finance, Risk, HR, IT and other relevant departments. Assess the adequacy of sums insured, coverage limits, exclusions and deductibles; identify uninsured or underinsured exposures; and review outstanding corporate claims and their settlement progress. Submit findings and recommendations to authorized management, with named responsible persons and deadlines for agreed actions.
  • Develop and implement LOLC’s bancassurance strategy, annual business plan, product roadmap, budget, sales targets, and resource plan. 
  • Identify opportunities to increase insurance revenue, customer protection, and product penetration among LOLC clients and the wider public. 
  • Design distribution models across branches, direct sales, digital channels, referral networks, and strategic partners. 
  • Explore embedded insurance, SME insurance, agriculture insurance, health, personal accident, motor, property, travel and other affinity products where commercially and regulatorily appropriate.
  • Identify, assess, negotiate, and establish partnerships with reputable life, general, and microinsurance companies, insurance brokers, agents, intermediaries and other distribution partners,
  • Review and negotiate commissions structures, revenue sharing arrangements, partner remuneration, incentive scheme service standards, customer benefits, claims support, technology integration, marketing support, and performance targets with partners to ensure they are commercially sustainable, regulatorily compliant and aligned with customer interests. 
  • Lead the strategic partnership and joint business plans for credit life, life, and other suitable microinsurance products. 
  • Integrate credit life insurance into lending processes with clear disclosure of whether cover is compulsory or optional, who is insured, the insured events, benefits, exclusions, premiums and who receives any claim payment. Explain how claim proceeds are applied to the outstanding loan and how any remaining benefit is paid, where applicable under the policy. Obtain and document the required customer consent and check customer understanding.
  • Manage a diversified portfolio covering credit life, individual and group life, personal accident, health-related, motor, property and fire, agriculture-related, microinsurance, and other relevant products. 
  • Work with partners to offer simple, affordable, accessible, and customer-friendly products. 

 

  • Assess and document whether each distributed product meets the needs of its intended customers, provides affordable and appropriate protection, and delivers customer value. Use customer feedback, checks of customer understanding, claims experience and cancellation and renewal trends to recommend improvements to partner insurers.
  • Develop sales strategies and set targets by product, branch, channel, region, and customer segment. 
  • Develop referral and lead-generation mechanisms and direct-to-public sales within LOLC Cambodia’s authorized bancassurance scope. Design staff incentive programs that balance sales volume and commission income with sales quality, product suitability and customer outcomes. Include measures of customer understanding, substantiated mis-selling complaints and avoidable cancellations, with incentive adjustments subject to approved policies.”
  • Monitor sales performance and corrective actions; replicate successful practices across the network. 
  • Establish service standards and customer-friendly processes for enrollment, policy issuance, inquiries, renewals, cancellation, complaints, and claims. 
  • Develop policies, procedures, workflows, controls, and service standards covering policy administration, premium collection, reconciliation, renewals, claims support, and reporting. 
  • Coordinate the required Legal, Compliance and Risk reviews and ensure that all necessary internal and regulatory approvals are obtained before launching or materially changing bancassurance products, distribution arrangements or activities.
  • Establish and report customer value and service indicators alongside commercial performance, including: Claims paid relative to premiums, using partner insurer data and interpreting results byproduct, coverage period and maturity; Claim settlement times, rejection rates and reasons for rejection; Cancellation, renewal and complaints trends, including complaint resolution times; Customer understanding of benefits, exclusions, premiums and claims procedures, assessed through periodic customer checks; Evidence that products meet the needs of their intended customers.
  • Agree data-sharing and reporting arrangements with partner insurers, investigate adverse trends and track corrective actions with named responsible persons and deadlines.”
  • Build, lead, coach, and develop the bancassurance team, with clear structures, responsibilities, objectives, KPIs, and development plans. 

បើកទៅកាន់

Male/Female

លក្ខខណ្ឌការងារ

  • Bachelor’s degree in Insurance, Finance, Banking, Business Administration, Economics, Marketing, or a related field; a relevant master’s degree or professional qualification is an advantage. 
  • A minimum of eight years’ relevant experience, including at least five years directly in insurance or bancassurance, with demonstrated experience in insurer negotiations, partnership management, claims service oversight and distribution through a branch network.
  • At least three years in a senior management or functional leadership role, with responsibility for business performance, customer protection, operational controls and team development.”
  • Strong knowledge of life, general, credit life, and microinsurance, including distribution models, partner governance, product economics, policy administration, claims, and regulatory requirements. 
  • Proven experience in partnership negotiation, sales and distribution management, product development, project implementation, budgeting, and performance management. 
  • Strategic thinking, commercial acumen, customer focus, integrity, stakeholder management, negotiation, analytical ability, execution discipline, and team leadership.
  • Strong Khmer and good written and spoken English; proficiency in Microsoft Office and relevant reporting or digital platforms

អ្វីដែលយើងផ្ដល់

អត្ថប្រយោជន៍

‌Monthly salary
Khmer New Year Bonus (equal to one-month of base salary)
Pchum Ben Bonus (equal to one-month of base salary)
Year-end bonus

រំលេច

Medical allowance for staff and family members
Hospitalization allowance for staff and family members
Monthly staff saving scheme

ឱកាសការងារ

Receive training and development opportunity
Opportunity for promotion

ដាក់ពាក្យសម្រាប់ការងារនេះ

OR

កម្រិតបទពិសោធន៍

Director and Above

មុខងារការងារ

Quality Assurance

វិស័យការងារ

Banking/ Insurance/ Microfinance

កម្រិតអប់រំ

Bachelor Degree

ប្រភេទការងារ

Full Time

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