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Thursday, September 7, 2017

Principal Officer Bancasurrance Job at DFCU Bank - Career Opportunity in Uganda

Vacancy title:
Principal Officer Bancasurrance

Jobs at:

Deadline of this Job:
12th September 2017

Duty Station:
Kampala, Uganda

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Job details:
Reports to: Manager Pinnacle Banking

DFCU bank is a fast growing commercial bank offering a variety of innovative products and services. DFCU Limited was started by the Commonwealth Development Corporation (CDC) of the United Kingdom and the Government of Uganda through the Uganda Development Corporation (UDC) under the name of Development Finance Company of Uganda Limited. Later restructuring brought in DEG (of Germany) and International Finance Corporation (IFC) as equal partners with CDC and UDC, each having a 25% stake in the company. Its objective was to support long-term development projects whose financing needs and risk did not appeal to the then existing financial commercial lending institutions.
Job Summary: The Principal Officer Bancasurrance will oversee all aspects of Bancassurance business including but not limited to business growth, revenue assurance, and management of underwriter relationships, operations, service, training and ensure profitability in line with the bank aspirations.
Key Duties and Responsibilities:
  • The incumbent will grow revenues from bancassurance.
  • Build and manage relations with partner insurance companies and other stakeholders.
  • Represent the Bank at conferences, business meetings and industry events.
  • Guide management on strategy execution and monitor progress on implementation.
  • Prepare and submit monthly reports on progress of assigned activities.
  • Follow-up and respond on all lodged claims.

Qualifications, Skills and Experience:
  • The applicant for the DFCU Bank Principal Officer Bancasurrance job opportunity must hold a University degree in business and a diploma in insurance from the Chartered Insurance Institute of the United Kingdom or a similar institute.
  • At least four years of related experience in insurance in the areas of underwriting, claims, finance or regulation.
  • Possession of a Marketing and Sales qualification would be an advantage.
  • 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.
  •  Excellent communication and negotiation skills.
  • Commercial awareness.
  • Excellent organisational, planning and time management skills.
  • Excellent networking and relationship management skills.
  • Ability to work well with others.
Job application procedure
All candidates who so wish to join the banking sector in the aforementioned capacity are encouraged to send their applications with detailed CVs including present position and copies of relevant professional/academic certificates to: