Branch Manager

Posted 1 month ago

NIC General is a wholly owned subsidiary of NIC Holdings Limited (NIC). NIC General was incorporated on 3rd March, 2014 and took over the general insurance businesses of NIC in compliance with the legal requirement for separation of insurance businesses under the Insurance (Amendment) Act.

NIC General Insurance is looking for experienced candidates to take up positions of Branch Managers.

            Job Title          :          Branch Manager

            Reports to       :          Branch Coordinator

            Purpose           :          Attend to clients, handle branch accounting work, follow up and bank collected

premiums, process claims and make periodical report in line with guiding policies

and procedures.

Duties and Responsibilities

  • Attend to and advise clients on the general insurance queries, complaints, and appeals and generate relevant correspondence to stake holders in line with the underwriting standards and guidelines.
  • Prepare endorsements and attend to correspondences concerning new, renewal and/or alterations of insurance policies in line with the underwriting standards and guidelines.
  • Prepare books of accounts and capture all business transactions (including settled claims and insurance policies) in the system in line with guiding policies and procedures.
  • Assist in the preparation of monthly, quarterly and yearly statistical reports for H/Q review in line with the reporting guidelines and standards.
  • Follow up payments of premium allowed on credit and prepare monthly outstanding claims in line with guiding policies and reporting standards.
  • Carry out inspection of risks and verification of claims in line with underwriting guidelines and procedures.
  • Prompt preparation of claim files and payment vouchers for approval in line with guiding policies and procedures.
  • Take custody of petty cash, process payments, make disbursements upon approval and make periodical accountability in line with accounting standards and guidelines.
  • Daily banking of collected funds on premiums, renewals etc. in line with the accounting procedures and guidelines.
  • Any other professional duties as may be required from time to time.

Requirements

  • A minimum of a Diploma in Marketing or a related field from a reputable University.
  • Certificate of proficiency in Insurance is an added advantage.
  • At least five (5) years of experience in Insurance
  • Demonstrate excellent oral and written communication
  • Excellent computer proficiency (MS Office – Word and Excel)
  • Ability to produce results under minimal supervision

 

We are an equal opportunity organization; both male and female candidates are encouraged to apply.

Job application procedure:

If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, kindly send your resume to the email address below indicating on the subject of your email the job title. For example: Ref: Application for Branch Manager.
Strictly apply through email: vacancy@nic.co.ug

The application should reach us by Sunday 15th September, 2024 at 5PM.

Please note that only short-listed candidates will be contacted.

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