4 Specified Person, Bancassurance Job Vacancies – Tropical Bank Limited

Organisation: Tropical
Bank Limited
Duty Station: 
Kampala, Uganda
Reports to: Principal
Officer Bancassurance
About US:
Tropical Bank
Limited was established in 1973 under the name Libyan Arab Uganda Bank for
Foreign Trade and Development. Tropical Bank Limited is jointly owned by the
Governments of the Republic of Uganda 0.03% and the Libyan Foreign Bank (LFB)
99.97% of Paid-up Capital. The Bank provides professional and personalized
commercial banking services to various sectors of the economy including
financial support to Parastatals, Corporates, Small and Medium Enterprises,
Individuals, and Non-Governmental Organisations.
Job Summary:  The Specified Person, Bancassurance will
support the Principal Officer in execution of all aspects of the bancassurance
Business; business growth, revenue assurance and management of stakeholders
Key Duties and Responsibilities: 
Operational Bancassurance
  • Vigilance on compliance to the Bank’s policies and procedures in
    regard to Bancassurance services,
  • To constantly check for fulfillment of the legal, statutory and
    regulatory requirements of Bank of Uganda and Insurance Regulatory Authority
    and other relevant bodies,
  • To execute daily Bancassurance Operations which entails cross –
    selling of products; posting risk details, claims administration and
  • Compile information relevant for advising the Manager on strategy
    execution and monitor progress on implementation
relationships and partnerships;
  • Initiate and build new client relationships and partnerships whilst
    ensuring retention of existing business relationships through high
    standards of customer service,
  • Advice customers and respond to inquiries, resolve issues promptly
    as per laid down policies/procedures,
  • Represent the bank in marketing events, sales functions,
    conferences, business meetings and industry events.
Pursue business
  • Induce sustainable business growth aligned to respective portfolios
    (both quantity and quality) in order to achieve the set standards target,
  • Manage and ensure accuracy of records and reports of Bancassurance
  • Champion the delivery of good customer service to ensure customer
    retention and royalty.
  • Participate in the Insurance Sales Activation Programs.
Support the
monitoring of financial revenues;
  • Continuously track the collection of premiums on all Insurance
    businesses transacted.
  • Train staff members on management of insurance products and
    sensitize customers on insurance products.

Qualifications, Skills and Experience:
  • The applicant for the Tropical Bank Limited Specified Person,
    Bancassurance job placement must hold a diploma in any field of study, or
    its equivalent recognized under the relevant laws
  • A Certificate of Proficiency in Insurance
  • Holder of Professional indemnity and Fidelity insurance policies
    (added advantage)
  • Three years’ experience in Insurance.
  • Ability to identify business opportunities from market intelligence
  • Knowledge of underwriting, claims, finance or regulation
  • Experience in training and sales (added advantage)
  • Excellent communication skills
  • Good planning and organizational skills
  • Negotiation skills
  • Networking skills
  • Attention to detail
  • Problem solving skills
  • Creative and innovative thinking
How to Apply:
If your
qualifications and experience match those described above please send a
detailed application together with your CV, copies of your academic
certificates and transcripts and a cover  letter of not more than 2 pages
explaining why you consider yourself to be the best suited candidate.
Send to:
Head of Human
Tropical Bank
Plot 54 Lugogo
Bypass (Rotary Avenue)
P.O. Box 9485,
Deadline: 9th July 2018 by 5:00pm
For more of the
latest jobs, please visit http://www.theugandanjobline.com or
find us on our facebook page https://www.facebook.com/UgandanJobline

Leave a Reply

Your email address will not be published. Required fields are marked *