04 Bancassurance Specialists- Business Development (CIB) at DFCU Bank Uganda, Kampala

Business Administration
Kampala, Uganda
February 13, 2026
Full Time
Urgent
Application ends: February 20, 2026
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Job Description

Bancassurance Specialist- Business Development (CIB) (4 Positions)

Reporting to the Head- Bancassurance, the role holder will be responsible for drive General Insurance revenue growth within CIB by identifying and converting all insurance business opportunities, supporting sector RMs in client engagements, and developing sector-based insurance solutions that deliver customer value while achieving set income targets.

 

KEY ACCOUNTABILITIES:

  • Drive General Insurance sales across all CIB sectors through joint client engagements, presentations, and customer conversions.
  • Build and manage weekly sector-based pipelines and conduct portfolio reviews to identify new, cross-sell, and upsell insurance opportunities.
  • Ensure bancassurance is involved early and centrally in all CIB insurance negotiations and placements.
  • Champion the bank’s bancassurance model within CIB.
  • Ensure bancassurance participation in all CIB client engagements is systematic, not selective.
  • Drive CIB sector-level insurance strategies that go beyond collateral cover to include broader risk solutions.
  • Develop and implement sector-specific insurance CVPs aligned to client needs, risk profiles, and CIB strategy.
  • Own and deliver set monthly, quarterly, and annual insurance income targets across all CIB sectors.
  • Train and support sector RMs on insurance products mapping.
  • Implement the approved insurance domain strategy, and provide performance, pipeline, and portfolio reporting.
  • Resolve execution bottlenecks and align stakeholders around shared objectives. Identify, evaluate, and qualify insurance-related bids and tenders for commercial viability, compliance, and strategic fit.
  • Proactively source, manage timely bid submissions, track outcomes, and ensure successful placement, policy issuance, and client onboarding.
  • Source, evaluate, appoint, and coordinate suitable bid insurance partners based on coverage requirements, pricing, underwriting capacity, and delivery capability.
  • Negotiate premiums, terms, limits, and benefits to deliver competitive and commercially viable insurance solutions.

 

KNOWLEDGE, SKILLS, AND EXPERIENCE REQUIRED:

  • A Bachelor’s Degree in Actuarial/Business/Marketing related field.
  • Diploma in Insurance or (CIU)Certificate in Insurance.
  • 8-10 years of professional work experience in a competitive environment.
  • Technical knowledge: Understanding of actuarial business, risk assessment, or related studies is an added advantage.
  • Sales & business acumen: Proven ability in sales, conversion, and business development; results-driven mindset.
  • Analytical & detail-oriented: Ability to review complex bid documents, ensure compliance, and maintain accurate bid records.
  • Negotiation & relationship skills: Strong negotiation capabilities with insurers and ability to build and maintain strategic partnerships.
  • Organizational skills: Ability to manage multiple bids, deadlines, renewals, and pipeline tracking efficiently.
  • Communication skills: Strong verbal and written communication for liaison with internal teams, insurers, and clients.
  • Proactive & target-oriented: Self-motivated, accountable for achieving monthly, quarterly, and annual targets.
  • Good understanding of bank processes and procedures.
  • Strong networking and relationship management skills.
  • Ability to identify business opportunities from market intelligence and make value-adding recommendations.
  • Excellent Communication and interpersonal skills.
  • A team player with ability to lead and work under minimum supervision.
  • Business acumen
  • Mature disposition in the handling of external stakeholders.

 

INVITATION

If you believe you meet the requirements as noted above, please use the link below to apply;

careers.dfcugroup.com

Once there, click on “Career Opportunities” to get started. (We recommend using Google Chrome for the best experience.)

Deadline: Friday 20th February 2026

Only short-listed candidates will be contacted.

Please note that all recruitment terms and conditions as stated in the HR Policies and Procedures Manual shall apply.

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