The Ugandan Jobline

• The
  jobholder evaluates each product and its offering versus the
  demands of the market using insights obtained from working with the
  segments and partnering insurance companies and conducting customer
  surveys.
• Works
  in liaison with in-country Insurers including their head office and
  brokers to ensure that any changes and administrative requirements
  are implemented i.e. changes in pricing, products, regulatory etc.
• The
  incumbent drives sales by sending through a monthly Bancassurance sales
  report to the Retail sales teams
• Owns
  and initiates marketing programmes to ensure awareness of the
  products.
• Ensure
  compliance with all audit requirements of the bank and insurance agency –
  Prudential Guidelines, RCSA, BCP and other reporting requirements.
• Influences
  Insurers to change terms, conditions and rates on products to
  ensure consistency and comparative offerings.
• Devises
  and communicates corrective tactics to meet budget where applicable.
• Ensures
  that growth is maintained in the growth phase of the product through
  rewarding sales staff and constantly marketing the product.
• Ensures
  that persons who sell the products have been trained and accredited to do
  so.
• In
  charge of the recruitment, development and retention of relevant skills in
  order to meet the business needs.
• Ensures
  the implementation of the leadership promise and employee
  engagement programme.

• The
  ideal candidate for the Bancassurance Principal Officer job
  placement must hold a Bachelor’s
  degree in business related field; preferably in Finance and Accounting
  from a recognized university.
• Certificate
  in Insurance with knowledge in the Insurance Act of Uganda 2011.
• Diploma
  from the Chartered Insurance Institute.
• At least four years’ experience in Insurance in areas of underwriting, claims,
  finance or regulations
• Extensive
  knowledge of financial services industry specifically insurance and
  retail banking.
• Broad
  working knowledge of both Life Insurance and Short term insurance.
• Working
  knowledge of insurance Legislation and Regulations
• Broad
  knowledge and understanding of Insurance and Banking operating systems
• Strong
  Excel, Word and Power point
• Good
  financial, budgeting and accounting skills
• Bancassurance
  Competence
• Goal
  driven and results oriented:
• Excellent communication Skills
• Good
  interpersonal skills
• Proactive
  Initiator
• Human
  Resources Management skills
• Passionate
  on the job
• Accuracy
  and organisation

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