Job Ref. No. HRJIC602
Position: Chief Distribution Officer
Jubilee is the numberone insurer in East Africa with over 450,000 clients. Jubilee Insurance has a network of offices in Kenya, Uganda, Tanzania, Burundi and Mauritius. It is the only ISO certified insurance group listed on the three East Africa stock exchanges –
The Nairobi Securities Exchange (NSE), Dar es Salaam Stock Exchange and Uganda Securities Exchange.Its regional offices are highly rated on leadership, quality and risk management and have been awarded an AA- in Kenyaand Uganda, and an A+ in Tanzania. For more information, visit www.JubileeInsurance.com.
We currently have an exciting career opportunity for a Chief Distribution Officer, Jubilee Life Insurance Uganda. The position holder will report to the Chief Executive Officer.
Role Purpose
Primarily responsible for driving future commercial sales success while delivering on current expectations. Responsible for strategic sales leadership and revenue delivery for the company across all lines of business and channels, including internal sales staff. Included in this role is responsibility for directing and managing market competitiveness, pricing, sales processes, commission rates, Agency and Bancassurance recruitments, distribution, and channel strategies. This goal is achieved by providing leadership toward the achievement of maximum profitability and growth in line with the company’s vision and values.
Main Responsibilities
1. Create and execute sales department strategies to meet all requirements while achieving JLICU’s revenue and profit goals. Invest time in learning and evaluating new processes and technologies that will impact the business. Creatively create JLICU’s vibrant, expanding sales future.
2. Lead company sales professionals and external distribution partners (Banks, Insurance Agents and other partners) to achieve sales and profit objectives.
3. Collaborate closely with ownership to ensure consistent alignment.
4. Integrate JLICU marketing and product initiatives to produce optimal commercial success.
5. Tightly integrate Customer Experience team with sales.
6. Identify strategic business opportunities
7. Cultivate awareness of company realities.
Key Competencies
1. Market Intelligence and Business Development skills
2. Market operation
3. Industry research to identify trend setter ideas.
4. Change Management
5. Business planning and implementation.
6. Good negotiation skills.
7. Time management skills.
8. Excellent communication and interpersonal skills.
Qualifications
1. Bachelor’s degree in a business field
2. Basic understanding of the concepts of insurance.
Desired:
3. Must be a Ugandan National
Relevant Experience
At least 10 years in sales and distribution, at least 10 years in sales leadership, preferably in the financial industry and preferably with some experience working in a Banks and Life Insurance company under retail business.
If you are qualified and seeking an exciting new challenge, please apply via RecruitmentLife@jubileeUganda.com quoting the Job Reference Number and Position by 12th December 2021.
Only shortlisted candidates will be contacted.
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