Bancassurance Relationship Manager Jobs – Prudential Uganda

This job falls under:

Job Title: Bancassurance Relationship Manager

Organisation: Prudential Uganda

Duty Station: Uganda

About Organisation:

Prudential Assurance Uganda Limited is a wholly owned subsidiary of Prudential plc which provides life and health insurance and asset management, with a focus on Asia and Africa. The business helps people get the most out of life, by making healthcare affordable and accessible and by promoting financial inclusion.

Job Summary: Reporting to the Head of Bancassurance Partnerships, this role oversees the Bancassurance sales targets. They will drive the sales strategy to achieve growth overall productivity and profitability of the Bancassurance channel.

Key Duties and Responsibilities:

Business Development and Sales Growth

Identify new business opportunities within the bancassurance channel to drive growth and expand PAUL’s market share
Actively monitor sales performance and recommend strategies to address any shortfalls
Support FSCs and bankers in achieving sales targets.
Collaborate with the Head of Bancassurance to design and execute effective sales strategies and campaigns.
Provide feedback on the performance of bancassurance products and recommend enhancements based on market demands

Relationship Management

Build and maintain strong relationships with bank staff and leadership to foster loyalty and commitment to the partnership
Act as a primary contact for assigned bank partners addressing their needs and resolving any challenges promptly
Work closely with internal teams such as operations and marketing to ensure seamless support of bancassurance activities

Reporting & Compliance

Prepare and submit timely sales performance reports to their line manager.
Ensure all bancassurance activities comply with each partners policies and procedures

Team Leadership

Organize regular meetings and training sessions for FSCs to enhance engagement and performance.
Foster a culture of continuous learning and development within the sales team.

Qualifications, Skills and Experience: