The Ugandan Jobline

Job Title:  Manager Bancassurance    

Organisation: Housing Finance Bank

Duty Station:  Kampala, Uganda

Reports to: Head Mortgage & Consumer Banking

About the Company:

Housing Finance Bank, is a Commercial Bank and the leading provider of housing finance solutions with a vision to be the preferred consumer and business bank with a focus on housing finance.

Job Purpose

To drive growth of insurance business as per set targets and in line with the bank’s strategy while managing risk in line with regulatory framework, policies and procedures.

Key Duties and Responsibilities:

• Establish and drive the Bancassurance strategy in line with overall bank’s objectives while ensuring that the Insurance Regulatory Authority (IRA) and Bank of Uganda (BOU) guidelines on Bancassurance are adhered to.
• Monitor overall performance of the branches as well as that of specified persons to ensure that the annual targets are achieved and implement strategies to achieve these targets.
• Ensure compliance to Bancassurance regulations through reporting and collections.
• Liaise with insurance companies to ensure service level agreements are adhered to with minimal delays in claims settlement and premium collections.
• Ensure continuous product reviews, craft and develop new products as well as enhance existing ones depending on the market and customer need changes as informed by market intelligence.
• Design and implement service experience and carry out training of specified persons and front office staff to ensure delivery of exceptional service to customers.
• Continuously monitor and review process flows and ensure availability and reliability of the systems for seamless agent transactions.
• Ensure renewal of Bancassurance licenses annually as well as initiate and ensure establishment of a tariff for insurance products.
• Creating awareness and improving staff knowledge and understanding of the market products.
• Ensure compliance with all statutory requirements in line with the industry regulations.
• Ensure all disputes from all parties are handled and closed in time to avoid reputational damage.

Qualifications, Skills and Experience:

Education & Training

• An honors degree in Business Administration, Commerce, Quantitative Economics and Business Statistics or any other related field from a recognized University.
• Diploma in Insurance or Insurance related qualification

Skills & Experience

• Four (4) years’ experience in insurance in areas of underwriting, claims, finance or regulation

Business Behaviours

• Strong networking and interpersonal skills
• Excellent relationship management skills and business closure techniques
• Proven people, leadership, and negotiation skills
• Strong risk analytical skills.

How to Apply:

All suitably qualified and interested candidates should submit their applications with a recent CV, copies of all academic transcripts, certificates and testimonials, daytime telephone contact, postal and email address and three competent referees to:
Chief Human Resources Officer,

Housing Finance Bank,

Investment House

Plot 4 Wampewo Avenue, Kololo

Please take note that all applications should be sent by email to Recruitment@housingfinance.co.ug

DO NOT HAND DELIVER YOUR APPLICATION.

Any form of canvassing will lead to automatic disqualification.

To be eligible to apply, you must have held your substantive position for at least two (2) years and have a consistent satisfactory performance with no disciplinary record over the immediate consecutive past one year

Guidelines for submitting Documents

Ensure that all your documents are scanned and submitted in 1 single batch using the following order:

• Application letter
• Curriculum Vitae (CV)
• Academic Documents and Certificates
• The maximum document size is 10 MB.
• Please indicate the name of the position you are applying for in the subject.

Deadline: 19th August 2024 by 5:00pm

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