Insurance Jobs – Manager Bancassurance at Finance Trust Bank (FTB)

Job Title:            Manager Bancassurance
Organization: Finance Trust
Bank (FTB)
Duty Station:  Kampala, Uganda
About US:
Finance Trust Bank is licensed as a Tier 1 Commercial Bank after taking
over the financial services business of Uganda Finance Trust Limited (MDI).
Finance Trust Bank is a fully-fledged commercial bank serving a clientele of
over 400,000 depositors and over 23,000’ borrowers, through a network of 36
branches countrywide. The bank offers a variety of Products and services
including; Savings, Current accounts, Loans, Money transfer services and Bills
payments to its target market which comprises of micro, small and medium
entrepreneurs, salary earners and youth.
Job Summary: The Manager
Bancassurance will oversee the Bancassurance unit and ensure smooth integration
into the general bank business while adding value to the business.
Key Duties and
Responsibilities:  
  • The jobholder will also evaluate each
    product offering in partnership with insurance companies in terms of
    pricing, product features, regulatory requirements, product related
    queries, customer needs, process flows, procedures and systems etc.
  • Grow the Bancassurance product line,
    develop and implement strategies to increase sales in line with the
    Business Development plan/budget.
  • The jobholder will understand and manage risks related
    to the product line by ensuring that all activities and duties are
    conducted within the compliance and regulatory requirements/framework of
    the Bank.
  • Create awareness of the Bancassurance
    offering within the bank through roadshows and training across all teams
    to create confidence amongst the teams to use and sell the product.
  • The incumbent will also identify training
    needs, develop and approve training material on Bancassurance products to
    address specific gaps on Bancassurance, ensure skill assessments and
    competency-based training
  • Keenly monitor and manage the performance
    and development of staff in the unit, and conduct mid-year and final
    performance appraisals.
  • Manage the development of system
    requirements, and changes to ensure that the business requirements are met
    and all developments are done in accordance with the overall product plan.
  • Develop system specifications for the
    product and relevant enhancements and conduct system testing of all
    enhancements related to the Bancassurance product line.



Qualifications, Skills and
Experience:
  • The ideal candidate for the Finance Trust
    Bank (FTB) Manager Bancassurance should preferably hold a Bachelor’s degree in a business
    related field preferably in Finance and accounting from a recognized
    University.
  • Possession
    of a Certificate in insurance with knowledge in the Insurance Act of
    Uganda 2011.
  • Hold
    a Diploma from the Chartered Insurance Institute from the UK or
    equivalent.
  • At
    least four years’ experience in insurance in the areas of underwriting
    claims, Finance and Regulation.
  • Broad
    knowledge and experience in the insurance services industry specifically
    insurance and retail banking
  • Broad
    working knowledge of both life insurance and short term insurance
  • Working
    knowledge of insurance legislation and regulations.
  • Broad
    understanding of Insurance and Banking operating systems.
  • Computer
    literacy skills i.e. excellent at Excel, word and power point.
  • Good
    financial, budgeting and accounting skills.
How to Apply:
All suitably qualified and interested candidates should send their applications
with photocopies of academic testimonials, a detailed CV with at least three
reference contacts to; Head, Human Resource, Finance Trust Bank, Plot 115 &
121, Katwe. P.O. Box 6972, Kampala, Uganda.
Deadline: 9th August
2017

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