Key Accountabilities
Product Management
Deliver against the Bancassurance Plan through sales growth and revenue generation from Private Banking, Sadara, and Personal banking customers
Analyze and interpret customer and market data to develop a robust proposition that is scalable and adaptable to different customer segments.
Manage the current product range and take responsibility for the delivery of new products and services
Ensure effective delivery of product initiatives through strong project management, communications and stakeholder management
To recommend and implement plans for the new products including product development plans, annual income and budgets
Monitor industry, market, customer and regulatory trends identifying risks and opportunities and propose appropriate responses
Ensure all Certification and accreditation requirements are fulfilled and provide training support to all stakeholders
Ensure compliance with Qatar and CB regulations and ensure that appropriate controls and procedures are in place to protect and manage the business
Contribute to the implementation of the Retail wide Insurance product and sales strategy and ensure the delivery of underlying objectives.
Product Strategy
Contribute to the implementation of the Retail wide Bancassurance product and sales strategy and ensure the delivery of underlying objectives.
Budget and financials
Contribute to the preparation of the budget and monitor financial performance in order to ensure that the business is aware of anticipated costs/revenues and areas of unsatisfactory performance are identified and propose and implement activities to ensure business objectives are met
Other Accountabilities
Sales monitoring
Monitor sales performance regularly versus the budget of the telesales team and other distribution channels, in order to ensure meeting the set budgets
Ensure that all sales activities are conducted within the controls and quality standards set by CB guidelines and compliant with QCB regulations
Work with stakeholders to achieve insurance cross sell strategies across all segments
MIS and Reports
Prepare departmental MIS statements and reports if required outside of the Analytics team in a timely and accurately manner to meet CB and QCB reporting requirements, policies and standards
Provide and analyse periodic and / or ad hoc reports in order to provide insights and clarity of Insurance products current activities and performance
Training and Certification
Responsible for the custody of the Training and certification Log. The log should be updated regularly to ensure that all employees carrying out any of the insurance business activities is an accredited employee in accordance with the QCB provisions
Supervision of Subordinates
Organise and supervise the activities and work of the subordinates to ensure that all work within his area is carried out in an efficient manner, which is consistent with operating procedures and policies
Provide on-the-job training, coaching and constructive feedback to subordinates to support their overall development.
Continuous Improvement
Motivate cross-functional teams and contribute to the identification of opportunities for continuous improvement marketing communications, processes and practices taking into account ‘international leading practice’, improvement of cross sales, customer activity and experience
Align all customer journeys and processes to the banks digital transformation strategy
Policies, Systems, Processes and Procedures
Recommend improvements to functional procedure and direct the implementation of instructions and controls covering a specific area of activity so that all activities are conducted in compliance with risk, audit, and regulatory requirements while delivering a quality, cost-effective service.
Quality, Health, Safety, and Environment
Ensure compliance to all relevant quality, health, safety and environmental management procedures and controls within a defined area of activity to guarantee employee safety, compliance, delivery of high quality products/service and a responsible environmental attitude.
Related Assignments
Perform other related duties or assignments as directed.
Education
The Commercialbank of Qatar was established in 1975 as the first wholly owned private commercial bank in Qatar. Initially capitalized at QR 10 million it has grown and prospered over the years to become an important regional Bank with capital and reserves of over QR 2.90 billion and a total assets book of QR 19.0 billion as at 30.09.2005. It has been profitable in every year since its foundation and has paid dividends annually. The Bank offers a comprehensive range of Corporate, Retail and Investment services through a network of 23 branches, sales offices/pavilions, 78 ATM's, 26 Deposit Machines, Internet Home Banking and the largest EFTPOS network in the country. The Bank has played an active role in support of Government strategy for the industrial development of Qatar. It has participated in the finance of all major projects to this time. Commercialbank is a progressive and innovative organization dedicated to developing its people to their full potential. To attract and retain talented people with the right skills, we offer a competitive reward package, subject to qualifying conditions, which includes a comprehensive range of benefits to drive excellent performance.
Let our experts design a Professional CV for you.
