Job Title: Principal Officer Bancassurance
Organisation: Orient Bank
Duty Station: Kampala,
Uganda
Uganda
Reports to: Head of Retail
& SME Banking
& SME Banking
About US:
Orient bank is a leading Private sector commercial bank in Uganda since
1993. Its steady growth over the last 20 years can be attributed to its
professional management and prudent Lending and investment policy. The confidence in Orient Bank of the Ugandan
business community in particular and the public in general, is reflected in its
large deposit base. In November 2002 Orient Bank made another first in this
economy by successfully out competing other Banks in taking over TransAfrica
Bank Ltd., (TABL).
1993. Its steady growth over the last 20 years can be attributed to its
professional management and prudent Lending and investment policy. The confidence in Orient Bank of the Ugandan
business community in particular and the public in general, is reflected in its
large deposit base. In November 2002 Orient Bank made another first in this
economy by successfully out competing other Banks in taking over TransAfrica
Bank Ltd., (TABL).
Job Summary: The Principal
Officer Bancassurance will take lead in all aspects of the bancassurance
business including but not limited to business growth, revenue assurance,
management of underwriter relationships, operations, service, trainings and
ensuring profitability in line with the Bank’s aspirations.
Officer Bancassurance will take lead in all aspects of the bancassurance
business including but not limited to business growth, revenue assurance,
management of underwriter relationships, operations, service, trainings and
ensuring profitability in line with the Bank’s aspirations.
Key Duties and Responsibilities:
·
Formulate the bancassurance strategy and advise
management on its execution and monitor progress on implementation
Formulate the bancassurance strategy and advise
management on its execution and monitor progress on implementation
·
Sell bancassurance products
Sell bancassurance products
·
Grow revenues from the bancassurance business
Grow revenues from the bancassurance business
·
Manage relations with partner insurance
companies and other stakeholders
Manage relations with partner insurance
companies and other stakeholders
·
Represent the Bank at conferences, business
meetings and industry events
Represent the Bank at conferences, business
meetings and industry events
·
Ensure that the Bank is in compliance with The
Insurance (Bancassurance) Regulations, 2017
Ensure that the Bank is in compliance with The
Insurance (Bancassurance) Regulations, 2017
·
Prepare and submit to the Insurance Regulatory
Authority and the Bank’s management, monthly and annual reports on the
performance of the bancassurance business
Prepare and submit to the Insurance Regulatory
Authority and the Bank’s management, monthly and annual reports on the
performance of the bancassurance business
·
Render the necessary assistance to the
policyholders or claimants or beneficiaries in complying with the requirements
for settlement of claims by the insurer
Render the necessary assistance to the
policyholders or claimants or beneficiaries in complying with the requirements
for settlement of claims by the insurer
·
Follow up and respond to any client complaints
and enquiries or claims lodged
Follow up and respond to any client complaints
and enquiries or claims lodged
Qualifications, Skills and
Experience:
Experience:
·
The applicant must hold a bachelor’s degree in
business or any related field
The applicant must hold a bachelor’s degree in
business or any related field
·
Possession of a diploma in insurance from the
Chartered Insurance Institute of the United Kingdom or a similar institute.
Possession of a diploma in insurance from the
Chartered Insurance Institute of the United Kingdom or a similar institute.
·
Marketing and Sales qualifications would be an
advantage.
Marketing and Sales qualifications would be an
advantage.
·
At least four years working experience in
insurance in the areas of underwriting, claims, finance or regulation
At least four years working experience in
insurance in the areas of underwriting, claims, finance or regulation
·
Ability to identify business opportunities from
market intelligence
Ability to identify business opportunities from
market intelligence
·
Ability to analyze business opportunities and
make value-adding recommendations
Ability to analyze business opportunities and
make value-adding recommendations
·
Logical thinking with creative problem-solving
ability
Logical thinking with creative problem-solving
ability
·
Keen attention to detail
Keen attention to detail
·
Excellent communication and negotiation skills
Excellent communication and negotiation skills
·
A leader and able to build credibility and trust
A leader and able to build credibility and trust
·
Excellent organizational, planning and time
management skills
Excellent organizational, planning and time
management skills
·
Strong networking and relationship management
skills
Strong networking and relationship management
skills
·
Good team player and enthusiastic.
Good team player and enthusiastic.
How to Apply:
All suitably qualified and interested candidates are encouraged to
deliver their applications and updated CVs to the Orient Bank Head Office on
No. 14 Kampala Road, Attn: Head of Human Resources
deliver their applications and updated CVs to the Orient Bank Head Office on
No. 14 Kampala Road, Attn: Head of Human Resources
Deadline: 30th November 2017
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