About US:
Orient bank is a leading Private sector commercial bank in Uganda since 1993. Its steady growth over the last 20 years can be attributed to its professional management and prudent Lending and investment policy. The confidence in Orient Bank of the Ugandan business community in particular and the public in general, is reflected in its large deposit base. In November 2002 Orient Bank made another first in this economy by successfully out competing other Banks in taking over TransAfrica Bank Ltd., (TABL).
Job Summary: The Principal Officer Bancassurance will take lead in 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.
Key Duties and Responsibilities:
· Formulate the bancassurance strategy and advise management on its execution and monitor progress on implementation
· Sell bancassurance products
· Grow revenues from the bancassurance business
· Manage relations with partner insurance companies and other stakeholders
· Represent the Bank at conferences, business meetings and industry events
· Ensure that the Bank is in compliance with The Insurance (Bancassurance) Regulations, 2017
· 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
Qualifications, Skills and Experience:
· 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 four years working experience in insurance in the areas of underwriting, claims, finance or regulation
· Ability to identify business opportunities from market intelligence
· Ability to analyze business opportunities and make value-adding recommendations
· Logical thinking with creative problem-solving ability
· Keen attention to detail
· Excellent communication and negotiation skills
· A leader and able to build credibility and trust
· Excellent organizational, planning and time management skills
· Strong networking and relationship management skills
· Good team player and enthusiastic.
How to Apply:
All suitably qualified and interested candidates are encouraged to deliver their applications and updated CVs to the Orient Bank Head Office on No. 14 Kampala Road, Attn: Head of Human Resources
Deadline: 30th November 2017