Bancassurance Relationship - Specialist job at KCB Bank

Job Description

Job Responsibilities;

• Vigilance on compliance to the Bank’s policies and procedures regarding Bancassurance services.
• Submit the monthly Insurance Regulatory complaints report to Bancassurance Manager.
• Compile Life Assurance production reports on a weekly basis to aid tracking of productivity and performance.
• Ensure that accurate and competitive quotations are prepared and delivered promptly to clients in the regions.
• Participate in placement of credit life and mortgage protection covers
• Register and ensure processing of all claims and advise clients on the required claims supporting documents
• Confirm that all issued policy documents meet the standards of the Bank
• To constantly check for fulfillment of the legal, statutory and regulatory requirements of Bank of Uganda and Insurance Regulatory Authority and other relevant bodies
• In put all policies in CQ
• To execute daily Bancassurance Operations which entails cross selling products, posting risk details, claims administration and documentations
• Compile relevant information for advising the Manager Bancassurance on strategy execution and monitor progress on implementation
• Follow up on Direct Debt set up, cancellation and all other customer-related Direct Debt operations.
• Act as BCP to Operations General.

Job Specifications and required skills:

• A bachelor’s degree from a recognized University.
• Certificate of Proficiency
• Relevant Sales, Marketing and insurance
• Excellent relationship management skills.
• Good analytical and interpretation skills
• Excellent written and verbal communication skills
• Good computer knowledge
• Customer focus

• Vigilance on compliance to the Bank’s policies and procedures regarding Bancassurance services.
• Submit the monthly Insurance Regulatory complaints report to Bancassurance Manager.
• Compile Life Assurance production reports on a weekly basis to aid tracking of productivity and performance.
• Ensure that accurate and competitive quotations are prepared and delivered promptly to clients in the regions.
• Participate in placement of credit life and mortgage protection covers
• Register and ensure processing of all claims and advise clients on the required claims supporting documents
• Confirm that all issued policy documents meet the standards of the Bank
• To constantly check for fulfillment of the legal, statutory and regulatory requirements of Bank of Uganda and Insurance Regulatory Authority and other relevant bodies
• In put all policies in CQ
• To execute daily Bancassurance Operations which entails cross selling products, posting risk details, claims administration and documentations
• Compile relevant information for advising the Manager Bancassurance on strategy execution and monitor progress on implementation
• Follow up on Direct Debt set up, cancellation and all other customer-related Direct Debt operations.
• Act as BCP to Operations General.

• Relevant Sales, Marketing and insurance
• Excellent relationship management skills.
• Good analytical and interpretation skills
• Excellent written and verbal communication skills
• Good computer knowledge
• Customer focus

• A bachelor’s degree from a recognized University.
• Certificate of Proficiency