CIC Insurance Group Deputy Group Chief Executive Officer and Head of Kenya Business Job Vacancy

CIC Insurance Group is the leading Cooperative Insurer in Africa and rapidly growing insurance and related financial services provider in Kenya with a wide local branch network and soon going regional. 

The Group offers a wide range of products including general Insurance, life assurance, medical insurance and asset management services. It is a pioneer and leader in Micro-insurance. 

The Group’s focus on innovation and excellence in service delivery has differentiated it in the market and earned it national recognition.

In order to execute and sustain its growth and expansion strategy, the Group is seeking to recruit a dynamic leader to join their winning team as Deputy Group Chief Executive Officer and Head of Kenya Business.

This is a new role occasioned by the Group’s expansion and for succession planning.
 

Reporting to the Group Chief Executive Officer, the successful candidate will assist the GCEO to provide strategic direction and leadership to ensure that the company vision, mission, strategic goals and objectives are implemented and aligned with the corporate values. 

S/He will manage operations and oversee the general performance of the subsidiaries in Kenya while ensuring all legal, corporate governance and regulatory requirements are complied with.

Key responsibilities will include:

• In liaison with the Group Chief Executive Officer (GCEO) offer strategic leadership to the subsidiary Managing Directors, oversee formulation of strategies and their successful implementation;
• Assess and manage the performance of Country Offices and subsidiary companies;
• Serve as the principal link between the subsidiary Boards and the Group Board by ensuring comprehensive reporting to the Group Board on the performance of the subsidiary companies in the absence of the Group CEO;
• Ensure operating procedures and controls are established and communicated to solidify management control and direction of the organization;
• Ensure annual budgets for presentation to the Finance and Investment Committee of the Group Board are prepared;
• Oversee financial management and reporting of the Kenya Business;
• Oversee the preparation of business plans for expansion to new territories and advise on expansion strategies;
• Identification, research and exploitation of potential growth and expansion opportunities including mergers, acquisitions, potential investors, both local and overseas;
• In the absence of the Group CEO, act as the General Manager of the Cooperative Insurance Society, the anchor shareholder of the Group;
• Establish and manage highly collaborative relationships with key policy makers, customers and other key stakeholders, both locally and internationally; and
• Promote the highest quality standards, culture of integrity, ethics, diversity, inclusion and corporate social responsibility across the Group.

Skills & Attributes:

• A Master’s degree in a Business related field;
• Professional qualification in ACII, Actuarial, CFA, CPA(K), ACCA, or CIMA and Certificate in corporate governance;
• At least 10 years’ experience at a senior management level within the financial services industry in a large and complex organisation;
• Good financial management and reporting experience;
• Excellent leadership skills particularly in strategy formulation and execution;
• Demonstrable commercial and financial management and investment experience;
• Exceptional, visionary and strategic leadership skills with a global perspective;
• Excellent interpersonal and networking abilities; and
• Excellent organizational and stakeholder management skills.

If you believe your career objectives match this exciting role, please submit your application with a detailed CV stating your current position, current remuneration level, email, telephone contacts and quoting the relevant reference number (Ref: DGCEO – 07/14) to reach us on or before 24 July 2014 addressed to:

The Director
Executive Selection Division
Deloitte Consulting Limited
Deloitte Place, Muthangari
Email: esd@deloitte.co.ke
Nairobi, Kenya