Bancassurance Officer
Statewide Insurance Company (SWICO)
About Statewide Insurance Company (SWICO)
WICO is a leading company committed to advancing technological solutions that cater to the evolving needs of its customers. With a strong reputation for innovation and reliability, SWICO has gained recognition for its exceptional services in providing sustainable and efficient solutions across various industries. The company values its employees and fosters a work culture that emphasizes collaboration, creativity, and professional growth, offering a range of job opportunities and flexible work arrangements to ensure work-life balance.
Since its inception, SWICO has evolved into a dynamic player in the market, continuously adapting to the changing landscape of the industry. The company's business model is centered around technological advancements, with a focus on delivering cutting-edge solutions that meet global standards. SWICO operates on a global scale, with an expanding reach, providing value to clients across continents. The company prides itself on its core values of integrity, customer-centricity, and sustainability, which guide its operations and interactions. SWICO is deeply committed to corporate social responsibility, contributing to various initiatives aimed at improving communities and promoting environmental sustainability.
Job Description
The Bancassurance Officer will be responsible for assisting in managing SWICO bancassurance sales, processes, and providing customer service and after-sales service.
Department: Marketing, Research and Development
Reports To: Manager Marketing and Distribution
Directly Supervises: None
Responsibilities
Drive sales in line with the bancassurance targets.
Drive profitability of bancassurance sales from new and existing clients.
Attend to bancassurance customer needs and policy renewals in a timely manner.
Ensure that insurance reconciliations are done on a monthly basis and submitted to the Finance team.
Ensure that Bancassurance branding materials are adequate and appropriately displayed.
Work with marketing to drive programs and events to extend the relationships to new prospects.
Ensure all regulatory requirements on bancassurance are met (e.g., renewals, compliance with the Insurance Act).
Ensure that all security held by the Bank on lending facilities is adequately insured.
Work with other departments to ensure staff dealing with bancassurance are adequately trained.
Provide training support to ensure full understanding of the bancassurance process and procedures.
Provide general support to the sales and marketing team as and when required.
Be the first point of contact with all third parties relating to bancassurance.
Work with Branch officers to ensure that branch staff manage customer queries and complaints on bancassurance in a timely manner.
Provide support to outlets and other functions on bancassurance issues.
Interact regularly with internal service providers (staff) to ensure fast and efficient service to customers with respect to bancassurance.
Manage all aspects of bancassurance policy claims.
Requirements
Bachelor’s Degree in Marketing, Insurance, or a Business-related field.
Certificate of Proficiency in Insurance.
A minimum of 3 years’ experience in banking, insurance, or risk management from a reputable organization.
Exposure to governance, control, and risk management.
Knowledge of insurance business (claims management & underwriting), products, and processes.
Good understanding of insurance processes.
Good communication skills.
Good negotiation skills.
Excellent interpersonal skills.
High level of integrity.
Self-driven.
Results Oriented.
Creative and innovative.
How to Apply
Interested candidates should share their CVs via recruitment@swico.co.ug
Deadline for submission: 5:00pm on Friday, 20th February 2026.
Only shortlisted candidates will be contacted for interviews.
Please submit your application materials to the following email address: