Business Analyst-Bancassurance
Location | Kampala, Uganda |
Date Posted | March 14, 2020 |
Category |
Business Administration
Management |
Job Type |
Full-time
|
Currency | UGX |
Description
Job Summary
Reporting to the Head of Bancassurance, the Business Analyst-Bancassurance will, under guidance, be responsible for supporting the growth of the department from 4 FSCs to 40FSCs.Will also reduce pressure on the department and improve response and turnaround time for the department to adequately service the growing number of the bank partners
- Minimum Qualification: Bachelor
- Experience Level: Mid level
- Experience Length: 3 years
Job Description
Job Title: Reports to Head of Bancassurance
Organization Profile; one of the longest standing and most successful global insurers in the world with 169 years of providing financial security around the world, with over 24m clients, 23,500 employees and $690bn of assets under management.
Our client is listed on stock exchanges in London, Hong Kong, Singapore, and New York.
We provide protection and savings opportunities to our customers, social and economic benefits to the communities in which we operate, jobs and opportunities to our employees and financial benefits for our investors.
By offering security, pooling savings and making investments, we help to drive the cycle of growth.
Our strategy is designed to create sustainable economic value for our customers and our shareholders.
It is focused on a number of long-term opportunities:
• The significant protection gap in Asia;
• The transition of US baby boomers into retirement; and
• The UK ‘savings gap’ and aging population in need of returns and income.
• We continue to develop our new businesses in new markets in Africa, building on the success of our other regional models, particularly Asia. Currently, we have a footprint in 5 countries namely Ghana, Uganda, Kenya, Zambia and most recently Nigeria.
Job Scope:
Reporting to the Head of Bancassurance, the Business Analyst-Bancassurance will, under guidance, be responsible for supporting the growth of the department from 4 FSCs to 40FSCs.Will also reduce pressure on the department and improve response and turnaround time for the department to adequately service the growing number of the bank partners
As the ideal resource for this role, the successful candidate should be an ardent team player, with excellent data analysis and people skills. In addition, the role requires an individual with an analytical mindset, proactive and self-driven and with the ability to meet deadlines on short notice.
Principal Accountabilities: -
• Daily, Weekly and monthly submissions of sales trackers to inform MI
• Submission of weekly updates and KRAs
• Timely payment of FSCs and payment of incentives to bank staff and FSCs by the 10th working day of the next month
• Receipting Banca policies and policy document dispatch to banks
• Weekly premium reconciliations with finance, submission of debtors list to banks, submission of weekly failed DDs to banks, closing the un-allocated premiums gap
• Schedule and coordinate the Head of Bancassurance’s diary, meetings, hurdles and training for the week
• Ad-hoc reports and data analysis
Core Competences Required:
• Stakeholder relationship management skills
• Excellent understanding of numbers and Microsoft Excel
• Excellent communication and interpersonal skills
• Excellent organizational and report making skills
• Ability to prioritize tasks and activities
• Ability to successfully work in a high activity, fast-paced environment
• Quick response time to stakeholder inquiries
• University degree in a quantitative field such as Statistics, Mathematics, Actuarial Science, Quantitative Economics, or equivalent from a recognized University