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Business Development Manager, Bancassurance job at CIC Africa Life Assurance (U) LTD | Apply Now
Kampala, Uganda
Full Time
Are you looking for Management jobs in Uganda 2025 today? then you might be interested in Business Development Manager, Bancassurance job at CIC Africa Life Assurance (U) LTD
About the Organisation
CIC Africa Life Assurance Ltd is a leading life insurance company in East Africa, with a mission to provide innovative and comprehensive life insurance solutions that meet the financial security needs of individuals, families, and businesses. Established as a subsidiary of the CIC Insurance Group, the company has earned a strong reputation for its customer-centric approach and commitment to delivering reliable and accessible insurance products. Known for fostering a positive and dynamic work culture, CIC Africa Life Assurance values employee growth, offering professional development opportunities and a supportive work environment that promotes work-life balance and career advancement.
The company provides job opportunities in various areas, including underwriting, claims, and customer service, with flexible work arrangements to cater to diverse employee needs. Since its founding, CIC Africa Life Assurance has grown its presence across East Africa, evolving with market demands and incorporating cutting-edge technology to enhance its service delivery and product offerings.
The company’s business model focuses on offering tailored life insurance plans that cater to the unique needs of its diverse client base, ensuring sustainable growth and long-term financial protection. With a solid presence in multiple countries, CIC Africa Life Assurance is guided by core values of integrity, professionalism, and innovation, ensuring the delivery of value-driven services. The company is also committed to corporate social responsibility, supporting various community development initiatives that promote financial literacy, health, and education. For more information, visit www.cicafrica.com.
CIC General Insurance Uganda Limited is a subsidiary company of CIC Insurance Group from Nairobi, Kenya that is owned 75% by co-operatives and 25% by individual shareholders. CIC General Insurance (U) is a joint venture of CIC Kenya and the Co-operative movement in Uganda. The company is fully incorporated and licensed to transact General Insurance business. In addition to the General policies available for institutions, corporate, individual and all categories of entities, the Company serves all Co-operative Societies in Uganda along the Co-operative Model.
Job Title
Business Development Manager, Bancassurance job at CIC Africa Life Assurance (U) LTD
CIC Africa Life Assurance (U) LTD
Job Description
Job Title: Business Development Manager, Bancassurance
Organisation: CIC Africa Life Assurance (U) LTD
Duty Station: Kampala, Uganda
To grow insurance revenue and achieve annual budget targets by developing assigned markets and channels, primarily focusing on the banking and microfinance institutions segment as a key source of profitable business. The role requires building and maintaining strong relationships and partnerships that drive sustainable business growth.
Duties, Roles and Responsibilities
Build strong, strategic partnerships and relationships within banks and microfinance institutions.
Support various intermediaries in revenue generation activities within the banking channel.
Plan, coordinate, and conduct consumer education sessions and internal staff training within the banks.
Drive acquisition of profitable business (both new and renewal) to meet set targets.
Identify and recommend tailored insurance solutions to meet the needs of bank clients.
Champion the delivery of excellent customer service across all partner banks.
Ensure timely invoicing and collection of premiums from bank-related business.
Coordinate with internal support departments to resolve client queries and complaints promptly.
Conduct regular market intelligence gathering and provide reports on industry trends, competitor activity, and product positioning.
Prepare and deliver quotations, proposals, and tender documentation in a timely and professional manner.
Recruit, train, motivate, and retain teams for continuous business growth.
Coach, mentor, and conduct performance appraisals for team members under supervision.
Actively participate in departmental planning and budgeting processes.
Represent the company in meetings, committees, and industry forums as required.
Promote and enhance the CIC brand image in the banking and financial services segment.
Develop and maintain strong working relationships with intermediaries and other key stakeholders.
Perform any other duties assigned by management in line with the role.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Education and Competencies
Bachelor’s Degree from a recognized institution
A master’s Degree in a business-related field is an added advantage.
Professional Qualifications:
Diploma in Insurance
Relevant professional certifications such as ACII, ACIM, or MCIM is an added advantage.
Key Competencies:
Strong business development and negotiation skills
Excellent interpersonal and relationship management skills
Strategic thinking and planning ability
Strong customer focus and problem-solving ability
Effective communication and presentation skills
Knowledge of bancassurance models and financial institutions’ operations
Ability to work under pressure and meet strict deadlines
How to Apply
Submit your application, CV, and copies of your professional and academic certificates as a single document to careers@ug.cicinsurancegroup.com
Deadline: 31st May 2025.
NB: Please note that only shortlisted candidates will be contacted.
