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Tuesday, August 29, 2017

Principal Officer Bancassurance Job at Leading Commercial Bank - Career Opportunity in Uganda

Vacancy title:
Principal Officer Bancassurance

Jobs at:
Leading Commercial Bank

Deadline of this Job:
11th September 2017

Duty Station:
Kampala, Uganda

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Job details:
Our Client, a Leading Commercial Bank operating in Uganda wishes to recruit a competent individual for the position of a Principal Officer, Bancassurance.
Purpose of the job:
Develop and implement strategies and plans for building a strong bancassurance portfolio in line with the business plan and policies of the bank.
Key Responsibilities
  • Strategize, plan and drive growth and profitability of the insurance business segment.
  • Develop and implement sales strategies and insurance sales activation programs across the multiple channels and the retail banking network of the bank.
  • Create new client relationships and partnerships and nurture existing business relationships to generate revenue.
  • Evaluate product portfolio against the market demands and partner with insurance companies for development and launch of new products.
  • Ensure that the compliance requirements of the regulatory authorities, applicable laws and internal policies and procedures are adhered to.
  •  Execute day to day Insurance operations entailing selling and cross-selling of insurance products, updating risk details and claims administration.
  • Champion insurance products training at the bank by working closely with retail banking teams.
Key Requirements
  • A bachelor's degree in a relevant field; preferably in finance and accounting or Diploma in insurance from the Chartered insurance Institute of the United Kingdom or a similar institute
  • Certification of proficiency or CIU issued by Uganda Insurance Institute.
  • At least four years’ experience in insurance in areas of underwriting, claims, finance or regulations. and other insurance matters
  •  Extensive knowledge of financial services industry, specifically insurance and retail banking. For more details about on the key responsibilities and requirements on the above position, please Visit:
Job application procedure
Interested candidates are invited to send their applications enclosing curriculum vitae, copies of academic, professional certificates and contact addresses of three referees. Applications should be sent by post, courier, hand delivery or e-mail so as to reach not later than close of business on the 11th September 2017 to the following address;
The Director, Future Options Consulting Ltd,
4th Floor, DTB Center, Kampala Road,
P. 0. Box 34934, Kampala, Uganda
Tel: +256 414 231204/6, +256 393 256 028/9
Only shortlisted candidates will be contacted.