Bancassurance Officer at Dfcu Bank
- Company: Dfcu Bank
- Location: Uganda
- State: Uganda
- Job type: Full-Time
- Job category: Banking Jobs in Uganda - dfcu Bank Jobs in Uganda
Job Description
dfcu Bank is a fast-growing Bank in Uganda offering a wide range of financial solutions to its chosen market segments. We are seeking to recruit a Bancassurance Officer in our Commercial Domain (CCO) to support our expansion strategy.
REPORTING TO: Principal Officer- Bancassurance
JOB PURPOSE: Reporting to the Principal Officer- Bancassurance, the role is responsible for growing the insurance business with focus on the Life insurance segment in close engagement with Principal Officer Bancassurance, the Branch Sales Team, Relationship Managers and the Insurance Operations team.
LOCATION: Kampala
KEY ACCOUNTABILITIES:
• Responsible for Bancassurance product sales through lead generation, prospecting, sales conversion, cross selling and retention of existing insurance sales.
• Monitor the Life Insurance portfolio, to manage attrition and receivables, documentation, and policy anniversaries.
Equip Bank staff with insurance knowldge through training, incentive campaigns, customer joint visits and presentations, to grow bancassurance sales portfolio.
• Offer guidance to the policyholders, claimants, beneficiaries, complainants in complying with the requirements for settlement of claims by the Insurer.
• Work with insurance partners to develop and track sales and incentive programs to drive sales behavior.
• Ensures compliance to the Bank’s policies, procedures and Regulatory guidelines and requirements.
QUALIFICATIONS, EXPERIENCE and COMPETENCIES REQUIRED:
• University Degree from a recognised university.
• A Certificate in Insurance.
• An Award in Bancassurance will be an added advantage.
• At least 3 years’ experience in life insurance sales.
• Non-Life insurance sales experience will be an added advantage.
• Good negotiation and influencing skills.
• Strong networking and relationship skills.
• Demonstrate confidence and a good sales acumen.
• Excellent interpersonal, verbal and communication skills.
• Demonstrate a high degree of accuracy and attention to detail.
• A go getter who is pro-active.
• Demonstrate excellent analytical skills.
• Demonstrate ability to meet tight deadlines.
• High level of integrity and ethical standards.