CIC Life Assurance Company Managing Director Job in Kenya

Building a rewarding career: Our client, 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 - 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 Managing Director of CIC Life Assurance Company Limited. 

Reporting to the Deputy Group Chief Executive Officer, the successful candidate will provide strategic direction and leadership to grow life business for the Company.
 

The ideal candidate must have proven experience in leading and managing large teams of people with diverse backgrounds. 

The person must possess strong knowledge of the insurance industry and track record of business growth. 

He/she should also have experience in financial management, planning, budgeting and regulatory compliance.

Key Duties and Responsibilities

• Formulate and implement the business strategy to ensure overall achievement of the company’s long term strategy and annual business plans;
• Provide strategic direction on matters relating to business performance, new investments and business opportunities and changes to enhance profitability and shareholder value;
• Proactively build customer relationships that ensure business retention and growth;
• Promote and maintain sound corporate governance, ethical, integrity, diversity inclusion and corporate social responsibility standards;
• Prepare regular and periodic reports to the board that provide a strategic direction and qualitative assessment on the achievement of the planned goals;
• Achieve operational results for all key metrics in line with annual business budgets and plans;
• Ensure that appropriate management structures and policies are continuously developed , reviewed and implemented; and
• Establish and manage highly collaborative relationships with key policy makers and other key stakeholders.

Skills & Attributes

• A Master’s degree in a Business related field;
• Professional qualification in ACII, either Actuarial, CFA, CPA (K), ACCA or CIMA;
• A Certificate in Corporate Governance;
• At least 10 years’ experience at a senior management level within the insurance industry;
• Demonstrable commercial and financial/investment management experience;
• Excellent leadership skills particularly in strategy formulation and execution;
• Proven ability to quickly grasp business risks and make sound decisions;
• Experience in board management; and
• Experience in the cooperative movement will be additional advantage.

Visit our website www.pwc.com/ke/en/executive-search search for the position and send your application to reach us by Friday 21 November 2014.

Only applications received online will be processed and only shortlisted candidates will be contacted.