Job Title: Business Development Officer – Bancassurance
Organisation: Britam
Duty Station: Kampala, Uganda
About Organisation:
Britam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the East African region and offers a wide range of financial products and services in Insurance, Asset Management, Banking and Property. The product range includes life, health and general insurance, pensions, unit trusts, investment planning, wealth management, off-shore investments, retirement planning, discretionary portfolio management, property development and private equity.
Job Summary: The role holder will be responsible for analyzing the bancassurance channel and identifying and implementing opportunities to increase efficiency and profitability to ensure the consistent growth of the Bancassurance Channel and support the smooth running of all channel operations.
Key Duties and Responsibilities:
- Effectively work with your supervisor in the analysis of the performance of the Bancassurance Channel and propose and implement initiatives for the growth of the channel.
- Prepare accurate and competitive quotations for bancassurance business.
- Follow up renewals to ensure business retention is optimised and the prescribed retention ratio is achieved.
- Effective relationship management to drive sustained business relationships with the banks.
- Drive the achievement of the sales revenue targets of the different Bancassurance Agents.
- Conduct checks on the productivity of the Bancassurance Agents and ensure adherence to company and regulatory requirements with support from the Bancassurance channel lead.
- Support the smooth running of the Bancassurance operations as guided by the Bancassurance lead.
- Support on training initiatives of the Bancassurance agents.
- Prepare timely reports for the channel as and when need arises.
- Deliver on performance requirements as defined in the department’s strategy map and Personal Scorecard.
- Perform any other duties as assigned
Key Performance Measures
- Execution of departmental strategy
Bancassurance Revenue Growth
- 100% Compliance
- Timely reports
Working Relationships
External Relationships:
Bancassurance Agents
Qualifications, Skills and Experience:
- Bachelor’s degree in a business related field
- Demonstrated proficiency in computer/software packages e.g. Microsoft Word, Excel, and PowerPoint etc.
- 3 years’ experience in a similar position
- Experience working with diverse teams
- Experience working in the financial services sector with focus on business development is an added advantage
How to Apply:
All suitably qualified and Interested applicants should apply online at the link below.
NB: Only shortlisted candidates will be contacted.
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Level of Education: bachelor degree
Work Hours: 8
Experience in Months: 36