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Principal Officer - Bancassurance job at Ugafode Microfinance Limited (MDI) | Apply Now
Are you looking for Banking/Admin jobs in Uganda 2024 today? then you might be interested in Principal Officer - Bancassurance job at Ugafode Microfinance Limited (MDI)
Kampala, Uganda
Full Time
About the Organisation
It has come to our attention that there is a fraudulent Facebook Page with the character of UGAFODE Microfinance Limited (MDI) where fake and inaccurate communication is being made, purportedly coming from UGAFODE Microfinance Limited (MDI).
UGAFODE Microfinance Limited (MDI) is a registered financial institution in Uganda and is adherent to the Central Bank’s regulations and guidelines and was founded in 1994 to provide quality microfinance services
Job Title
Principal Officer - Bancassurance job at Ugafode Microfinance Limited (MDI)
Ugafode Microfinance Limited (MDI)
Job Description
Job Title: Principal Officer - Bancassurance
Organisation: UGAFODE Microfinance Limited (MDI)
Duty Station: Kampala, Uganda
Ref: HR/STAFF/VAC – 10/12/2024/1
The Principal Officer- Bancassurance will lead all aspects of the Bancassurance Business including but not limited to Business Growth, Revenue Assurance; Management of underwriter relationships, Operations, Service; Trainings and ensuring Profitability in line with the Bank’s aspirations.
Duties, Roles and Responsibilities
Develop, execute, and monitor progress of the bancassurance strategy with possible reviews from time to time
Spearhead product development and innovation of bancassurance products in line with market expectations
Drive the sale of bancassurance products across all bank segments
Grow revenues from the bancassurance business
Manage relations with partner insurance companies and other stakeholders
Represent the Bank at bancassurance conferences, business meetings and industry events
Drive the compliance agenda whilst executing bancassurance duties in line with the Insurance (Bancassurance) Regulations
Prepare and submit to the Insurance Regulatory Authority and the Bank’s management, monthly and annual reports on the performance of the bancassurance business
Render the 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.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Education and Competencies
The applicant must hold a bachelor’s degree in business or any related field
Possession of a diploma in insurance from the Chartered Insurance Institute of the United Kingdom or a similar institute.
Marketing and Sales qualifications would be an advantage.
At least five years working experience in insurance in the areas of underwriting, claims, finance or regulation
Ability to identify business opportunities from market intelligence
Ability to analyse business opportunities and make value-adding recommendations
Logical thinking with creative problem-solving ability
Keen attention to detail
Strong networking and relationship management skills
Good team player and enthusiastic.
Excellent communication and negotiation skills
A leader and able to build credibility and trust
Excellent organizational, planning and time management skills
How to Apply
If you believe you meet the requirements as stated above, submit an application letter together with an up-to-date CV to our email: recruitment@ugafode.co.ug. Save the Documents as Your Full Name & indicate the job title you are applying for in the Email Subject Line. Your applications should be addressed to the Head of Human Resources
Deadline: 16th December 2024.
Note: Ladies are encouraged to apply