Insurance Jobs – Principal Officer Bancasurrance at DFCU Bank

Job Title:              Principal Officer Bancasurrance (Insurance
Organisation: DFCU Bank
Duty Station: Kampala,
Reports to: Manager Pinnacle
About US:
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
  • The
    incumbent will grow revenues from bancassurance.
  • Build
    and manage relations with partner insurance companies and other
  • 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
  • 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
  • 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
  • Logical
    thinking with creative problem-solving ability.
  • Keen
    attention to detail.
  • Excellent
    communication and negotiation skills.
  • Commercial
  • Excellent
    organisational, planning and time management skills.
  • Excellent
    networking and relationship management skills.
  • Ability
    to work well with others.
How to Apply:
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:
Deadline: 12th September 2017

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