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  • Business Development Officer General Business - Nairobi - I&M Bank Uganda

    I&M Bank Uganda
    I&M Bank Uganda Nairobi

    2 months ago

    Description
    Job Purpose


    The job holder is responsible for growth of Bancassurance business across the bank branches and generate non- funded income through cross and upselling of policies.

    Key Responsibilities

    Prospect and market to new clients and customers.
    Prepare quotations, negotiate terms for customers and close on the sales
    Drive sustainable growth of the assigned branch and corporate insurance portfolio.
    Send renewal invites/notices, calling clients to renew in order to achieve 90% retention.

    Make client visits and review scope of cover ensuring valuation of vehicles, risk survey is done and reports shared with clients.

    Collect premiums as per laid down procedures and liaising with finance team for receipting
    Assist client fill forms, forward forms to insurer.
    Forward forms to asset finance and follow up for disbursement.
    Engage existing customers for additional business through cross sell and upsell.
    Train branch and DSE staff on existing and new products

    Execute day-to-day operations across the assigned branches which entail customer enquiries, underwriting, delivery of policy documents, claims documentation, KYC compliance etc.

    Develop good business relationship with BMs, branch staff, RMs in order to generate warm business leads.
    Ensure full compliance with all regulatory and internal procedures in relation to bancassurance business.
    Ensure all collaterals which have bank's interest are comprehensively insured and bank's interest properly noted.
    Any other official duty that may be allocated from time to time.

    Job Dimensions


    Financial Responsibility:
    N/A

    Job Specifications

    Academic Qualifications

    Bachelor's Degree in a Social Science or related field

    Professional Qualifications / Membership To Professional Bodies/ Publication

    Relevant professional qualification – COP, IIK, DIP or CII
    Member of a relevant professional body

    Work Experience Required

    At least Three (3) years relevant experience in a similar organisation.

    Competencies

    Strong leadership skills
    Executive disposition
    Demonstrate high levels of integrity.
    Excellent Negotiation Skills
    Excellent communication and interpersonal skills


    If you believe you meet the above requirements log onto our website and click on careers and apply for the position.

    Your application should reach us as soon as possible but not later than 1st November 2025.
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