Vacancy title:
Principal Officer Bancassurance

Jobs at:
Orient Bank

Deadline of this Job:
30th November 2017

Duty Station:
Kampala, Uganda

Job details:
Job Title: Principal Officer Bancassurance
Reporting to: Head of Retail & SME Banking
Location: Kampala

Job Summary
Lead all aspects of the bancassurance business including but not limited to business growth, revenue assurance, management of underwriter relationships, operations, service, trainings and ensuring profitability in line with the Bank’s aspirations.

Key Duties and Responsibilities:

• Develop the bancassurance strategy and advise management on its execution and monitor progress on implementation
• Sell bancassurance products
• Grow revenues from the bancassurance business
• Manage relations with partner insurance companies and other stakeholders
• Represent the Bank at conferences, business meetings and industry events
• Ensure that the Bank is in compliance with The insurance (Bancassurance) Regulations, 2017
• 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

Experience & Qualifications required

• A bachelor’s degree in business or any related field
• 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 four years working experience in insurance in the areas of underwriting, claims, finance or regulation

Competencies (Knowledge, Skills & Abilities)

• Ability to identify business opportunities from market intelligence
•  Ability to analyze business opportunities and make value-adding recommendations
•  Logical thinking with creative problem—solving ability
•  Attention to detail
• Good communication and negotiation skills
• A leader and able to build credibility and trust
• Excellent organizational, planning and time management skills
• Strong networking and relationship management skills
•  A team player and enthusiastic.

Job application procedure
Interested candidates should deliver their application and CV to the Orient Bank Head Office on
No. 14 Kampala Road, Attn: Head of Human Resources before 30th November 2017.