Bancassurance Sales Coordinator
Kampala * Full-time
Opportunity Bank
Category: Banking
Total Positions:
Location: Kampala
Full-time
Salary: Attractive
Posted 9 months ago
KEY DUTIES AND RESPONSIBILITIES
• Drive sales performance to meet set targets for insurance products.
• Lead and coordinate sales initiatives and promotional campaigns across designated branches.
• Provide accurate and clear explanations of insurance products, including benefits, terms, and costs.
• Ensure the smooth acquisition and onboarding of new insurance clients.
• Track and support lodged claims, including compiling and submitting necessary documentation.
• Address and resolve customer complaints promptly and professionally.
• Collect and verify all required documentation during policy application and ensure timely communication of application outcomes.
• Monitor upcoming renewals and follow up on lapsed policies.
• Reconcile premiums and commissions accurately.
• Register and update insurance data in relevant Bancassurance systems.
• Support policyholders and beneficiaries in fulfilling claims settlement requirements.
• Ensure full compliance with local insurance regulations and internal bank procedures.
• Supervise and guide the performance of Sales Executives within assigned branches.
• Ensure compliance with Bank of Uganda (BoU) regulations, internal policies, risk frameworks, and budgetary controls.
• Safeguard client confidentiality and avoid unauthorized disclosure of customer information.
• Refrain from forming unauthorized partnerships or referring potential clients to third parties outside of approved insurers.
• Never solicit or accept a share of proceeds from any insurance claims.
• Conduct due diligence in premium collection, including following up on renewals and ensuring timely remittance to the bank account.
Recommended for you
QUALIFICATIONS / SKILLS
• Bachelor’s degree with a minimum of 4 years’ experience in insurance (underwriting, claims, finance, or regulatory roles), or
• Certificate of Proficiency (COP) from a recognized Insurance Institute and at least 3 years of experience in insurance operations.
• Professional development certifications in insurance or related fields are an added advantage.
• Demonstrated financial literacy and a clean record with no past or current criminal convictions.
• Preference will be given to candidates currently recognized as Specified Persons by the Insurance Regulatory Authority (IRA).
• Key Competencies & Skills:
• Strong written and verbal communication
• Analytical and problem-solving abilities
• Excellent interpersonal and relationship management skills
• Conflict resolution capabilities
• Sound understanding of regulatory compliance
• Technology-driven and digitally savvy
• Proven experience in sales, marketing, and distribution strategies
• Staff supervision and performance management
• Effective partner and underwriter engagement
• Experience in premium collection and reconciliation
HOW TO APPLY
Equal Opportunity Employer:
Opportunity Bank is an equal opportunity employer. We welcome and encourage applications from all qualified candidates regardless of gender, age, disability, religion, marital status, or ethnicity.
Interested candidates should submit a signed application letter, updated CV, and relevant academic documents as one consolidated PDF file. Clearly state the job title in the subject line and send your application to: recruitment@opportunitybank.co.ug
Deadline: Monday, 6th October 2025, by 5:00 PM.
Deadline: Expired
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