Insurance Careers – Principal Officer Bancassurance at Future Options Consulting Ltd (Bank)

Organisation: Future Options
Consulting Ltd (Bank)
Duty Station: Kampala,
Uganda
About Us:
Future Options Consulting Ltd is an online recruitment services which
now seeks to recruit on behalf of its valued client, a leading commercial bank
operating in Uganda.
Job Summary: The Principal
Officer Bancassurance will formulate and implement strategies and plans for
building a strong bancassurance portfolio in line with the business plan and
policies of the bank.
Key Duties and
Responsibilities:  
  • The incumbent will strategize, plan and
    drive growth and profitability of the insurance business segment.
  • Formulate and implement sales strategies
    and insurance sales activation programs across the multiple channels and
    the retail banking network of the bank.
  • Build 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



Qualifications, Skills and
Experience: 
  • The Principal Officer Bancassurance must
    hold 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.
  • A minimum of 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
How to Apply:
All 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 to the following address;
The Director, Future Options Consulting Ltd,
4th Floor, DTB Centre, Kampala Road.
E-mail to: reception@futureoptionsug.com
Deadline: 11th
September 2017
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