The Ugandan Jobline

• Focal person to ensure compliance to internal policies and procedures
  in all Bancassurance services,
• To constantly guarantee that Bancassurance services operate in
  fulfillment of the legal, statutory and regulatory requirements
  (Bancassurance Regulation 2017 and any amendments) according to Insurance
  Regulatory Authority, Bank of Uganda and other relevant bodies,
• Prepare and avail for inspection and supervision purposes by the
  Regulators all required records for purposes of inspection and respond to
  emerging issues,
• Lead the development of a Strategy for Bancassurance, advise
  Management on execution and monitoring of implementation progress,
• To supervise the daily Bancassurance Operations which entails cross
  – selling of products; posting of risk details, claims administration and
  documentation,
• Supervise the Specified persons and Sales Officers.

• Develop and institutionalize criteria and processes; Due Diligence
  Tools, Key Fact Documents and other operational instruments for initiating
  and engaging Policy Holders,
• To create new client relationships and partnerships whilst ensuring
  retention of existing business relationships through high standards of
  customer service,
• Draft agreements and escalate for respective layers of approvals,
• Ensure customer inquiries are resolved promptly as per laid down
  policies and procedures,
• Manage correspondences with insurance companies, Uganda Insurance
  Association and other relevant stakeholders,
• Represent the Bank at conferences, business meetings and industry
  events.

• Drive sustainable growth of the assigned portfolio in order to
  achieve the set standards and targets,
• Monitor to ensure the maintenance of accurate records and reports on
  Bancassurance transactions,
• Champion the delivery of good customer service to ensure customer
  retention and royalty,
• Organize Bancassurance sales activation programs.
• Manage and monitor financial and revenue performance 
• Track the collection of premiums on all insurance business
  transacted,
• Champion trainings on ‘Management of Bancassurance Products’ as well
  as oversee the “Sensitization of Customers’ on Bancassurance products.

• Prepare and submit to the Insurance          Regulatory
  Authority and the Bank‘s management, the periodical (such as the monthly
  and annual reports on the performance of the Bancassurance Business)
• Render all 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.

• The applicant for the Tropical Bank Limited Principal Officer,
  Bancassurance job placement must hold a bachelor’s degree in a business or
  related field from one of the Public Universities or Uganda Martyrs University,
  Mountains of the Moon, Uganda Christian University and Islamic University
  of Uganda.
• A diploma in Insurance from the Chartered Insurance Institute of the
  United Kingdom or a similar Institute.
• Holder of Professional indemnity and Fidelity insurance policies
  (added advantage)
• Four years of 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)
• Leadership skills
• Communication skills
• Planning and organizational skills
• Negotiation skills
• Networking skills and relationship management
• Attention to detail
• Problem solving skills
• Creative and innovative thinking

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