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Principal Officer- Bancassurance

kampala, Uganda * Fulltime
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UGAFODE Microfinance Limited (MDI)

Banking Total Positions: Location: kampala, Uganda Fulltime Salary: Not mentioned Posted 1 year ago
Duty Station: Kampala, Uganda Ref: HR/STAFF/VAC – 10/12/2024/1
KEY DUTIES AND RESPONSIBILITIES
• Develop, execute, and monitor progress of the bancassurance strategy with possible reviews from time to time • Spearhead product development and innovation of bancassurance products in line with market expectations • Drive the sale of bancassurance products across all bank segments • Grow revenues from the bancassurance business • Manage relations with partner insurance companies and other stakeholders • Represent the Bank at bancassurance conferences, business meetings and industry events • Drive the compliance agenda whilst executing bancassurance duties in line with the Insurance (Bancassurance) Regulations • Prepare and submit to the Insurance Regulatory Authority and the Bank’s management, monthly and annual reports on the performance of the bancassurance business • Render the necessary assistance to the policyholders or claimants or beneficiaries in complying with the requirements for settlement of claims by the insurer • Follow up and respond to any client complaints and enquiries or claims lodged.
QUALIFICATIONS / SKILLS
• The applicant must hold a bachelor’s degree in business or any related field • Possession of a diploma in insurance from the Chartered Insurance Institute of the United Kingdom or a similar institute. • Marketing and Sales qualifications would be an advantage. • At least five years working experience in insurance in the areas of underwriting, claims, finance or regulation • Ability to identify business opportunities from market intelligence • Ability to analyse business opportunities and make value-adding recommendations • Logical thinking with creative problem-solving ability • Keen attention to detail • Strong networking and relationship management skills • Good team player and enthusiastic. • Excellent communication and negotiation skills • A leader and able to build credibility and trust • Excellent organizational, planning and time management skills
HOW TO APPLY
If you believe you meet the requirements as stated above, submit an application letter together with an up-to-date CV to our email: recruitment@ugafode.co.ug. Save the Documents as Your Full Name & indicate the job title you are applying for in the Email Subject Line. Your applications should be addressed to the Head of Human Resources Deadline: 16th December 2024. Note: Ladies are encouraged to apply
Deadline: Expired
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