VisionFund Rwanda (VFR) is one of the largest deposit-taking Microfinance Institutions (MFIs) in Rwanda with a mission to provide financial and non-financial services to underprivileged rural communities. VFR is a subsidiary of VisionFund International and began in 1997 as a World Vision microfinance program, and in 2004 became a Central Bank regulated MFI in Rwanda.We provide microfinance products to empower the clients we serve, primarily vulnerable women with children and youth in rural areas. Our products provide financial services to strengthen Village Savings and Loans Associations (VSLAs) and groups. Our average loan size is US $235. Strategically, we are one of the biggest partners with World Vision Rwanda and Care International in Rwanda.Our savings products include educational savings accounts for children and we are developing financial products targeting youth. VisionFund Rwanda’s eight branches serve the entire country. Ninety percent of our field officers’ work is spent in rural areas meeting potential clients and groups. The introduction of digital solutions allows our loan officers to provide better access to financial services for our most remote clients.

Website: https://www.visionfund.org/where-we-work/africa/rwanda

June 10th 2024

Job Opportunity 

Bank assurance Officer

‘’Make a difference to thousands in the land of a thousand hills’’ 

VisionFund Rwanda (VFR), is Rwanda’s largest microfinance Institution. VFR is committed to the development of Rwanda through providing affordable financial services (savings and loans) to the less privileged throughout its 4 zones in Rwanda.

VFR is the institution where you can develop your expertise working with the best people worldwide in a dynamic, team focused high performance environment. If you are looking for interesting but challenging work where you can make a difference in the world, then VFR has the will to make it so. 

VisionFund Rwanda (VFR) has zero tolerance to abuse and sexual exploitation of children and adults beneficiaries. We expect all our employees/affiliates to commit to protecting children and adult beneficiaries from harm and abide by our safeguarding policy. 

Bank assurance Officer

Directly reporting to: Central Hub Manager.

Major Responsibilities:

The Bank assurance Officer is the execution of day-to-day-insurance operations, which entails cross-selling of insurance products, ensuring posting of premiums transactions, claims administration and documentation as well as follow up on renewals.

Tasks:

  • Drive sustainable growth of the assigned portfolio in order to achieve the set business targets.
  • Lead the development of a Strategy for Bank assurance, advice Management on execution of implementation progress,
  • Effectively create new client relationships and partnerships whilst ensuring retention of existing business relationships through high standards of customer service.
  • Execution of day to day insurance operations which entails cross-selling of insurance products, ensuring posting of risk premium transactions, claims administration and documentation as well as follow up on renewals.
  • Champion the delivery of consistent, seamless and trusted customer service to ensure customer retention and loyalty.
  • Maintain accurate records and reports on insurance transactions.
  • Collection of premium on all insurance business transacted as per laid down procedures.
  • Ensure customer enquiries are addressed promptly as per laid down policies and procedures.
  • Champion insurance products training at the Branch by working closely with Branch management to sensitize customers on insurance products.
  • Champion Insurance Sales activation programs in conjunction with the branches
  • Ensure compliance to the Bank’s policies, procedures and regulatory requirements.
  • Coordinating the reporting requirements to the Central Bank as per the regulatory requirements

Qualification and Experience

  • University Degree in Insurance or other related field with a sound experience in financial transactions,
  • 2 Years of working experience

How to apply

Should you wish to apply for this position, please go to the following link Careers (myworkdayjobs.com)

All applicants must apply using our online application system, CVs received via email or standard post will not be considered.

If you feel to fit in the position described above, please send us your application (Application letter, detailed CV and copy of your degree) via email at recruitment@vfcrwanda.rw  by or before 20th June 2024.

Only shortlisted candidates will be contacted.