Manager - Savings & Life Products, Banca Takaful

Abu Dhabi Islamic Bank PJSC; Dubai; On-site; AED 180,000 - 240,000; Full time

Job summary

Abu Dhabi Islamic Bank PJSC in Dubai seeks a Manager for Savings & Life Products to oversee Bancatakaful life and savings takaful offerings, driving product development and cross-sell initiatives with key external partners.

The role emphasizes market leadership, regulatory compliance, and revenue growth through digital channels while delivering best-in-class customer experience across segments.

Qualifications

• 10+ years of relevant experience in banking/insurance.
• Experience in Bancatakaful life and savings takaful products.
• Strong understanding of market dynamics and regulatory requirements.

Responsibilities

• Cascade the bank's strategy for life product distribution and cross-sell, translating plans into initiatives and budgeting.
• Manage relationships with external partners (service providers, takaful providers).
• Plan and manage marketing strategies, track profitability, and maximize revenues.
• Drive revenue via digital capabilities for takaful products.
• Analyze provider channel activity trends to identify improvements.
• Prepare dashboards and presentations for internal stakeholders.
• Share insights to refine product offerings and distribution strategies.
• Coordinate training and product briefings for staff and partners.
• Develop sales materials, FAQs, and product guides supporting sales.
• Expand takaful opportunities across channels in collaboration with segment teams.
• Monitor market outlook and competition.
• Design staff motivation and incentive schemes.
• Monitor partner performance and report to management.

Skills

Bancatakaful market

UAE banking practices

Presentation skills

Analytical thinking

Innovative mindset

Education

Bachelor’s degree in business with specialisation in Finance or Accounting

Job description

Manager - Savings & Life Products, Banca Takaful

United Arab Emirates

Job Description

Role : Manager - Savings & Life Products, Banca Takaful
Location : Dubai
Role Purpose:
To manage Bancatakaful Life and savings takaful business. This includes exploring and assisting in development of products across segments, managing relationships with external stakeholders and increase cross sell objective. The role requires ADIB to attain and maintain market leadership in terms of product innovation and providing best in class customer experience.

Key Accountabilities of the role

• Cascade the bank’s strategy as it pertains to life product distribution and cross-sell. This requires translation of the business plans to initiatives, budgeting, marketing and business development taking in consideration regulatory requirements.


• Manage relationships with external business partners (service providers, Takaful providers.)


• Plan and manage marketing strategies & track profitability and explore opportunities to maximize revenues.


• Drive building and delivering revenue via digital capabilities for Takaful.


• Analyze provider channel activity trends to identify areas for improvement or support.


• Assist in preparing dashboards and presentations for internal stakeholders.


• Share insights with the team to help refine product offerings and distribution strategies.


• Coordinate training sessions and product briefings for front-line staff and channel partners.


• Assist in preparing sales materials, FAQs, and product guides to support sales efforts.


• Explore and develop opportunities to expand the takaful business within different channels. Work closely with segment division and provide suitable products and solutions for each segment.


• Explore market outlook update and competition scanning.


• Design staff motivation schemes and incentive plans.


• Monitor monthly and quarterly partner performance across assigned channels and prepare reports for management review.


• All above responsibilities include but not limited to any additional tasks or responsibilities assigned by management.

Specialist Skills / Technical Knowledge Required for this role:

• Bachelor’s degree in business with specialisation in Finance or Accounting


• Understand Bancatakaful market / industry dynamics and key drivers of change in market conditions


• Good knowledge of UAE Banking Practices.


• Good presentation, planning, organization, interpersonal and communication skills.


• Analytical thinking and innovative approach.

10+ years relevant experience in the banking/ Insurance sector.

Job Info

• Job Identification 3978