We are a pioneer and one of the largest financial institutions in East Africa with a network of branches spread across the country, offering a full range of insurance products and services. The company is seeking to recruit focused, results-oriented and suitably qualified professionals to fill the following positions:
Job Title: Managing Director - Life Insurance Businesses
(Reporting to the Board)
- The successful candidate will serve as the principal strategy and business development executive of the company and will have ultimate Profit & Loss responsibility. He/She will be responsible for developing, implementing and managing short, medium and long-term strategies that will ensure the continued growth and profitability of the company. Specifically, the candidate will:
- Champion the formulation of the company’s strategies and ensure implementation.
- Serve as a key brand icon for the company, creating a niche tor it in the insurance sector and consistently reinforcing and promoting the corporate brand value and identity.
- Lead the overall business development efforts (including deal sourcing and origination) to ensure the realization of the company’s growth aspirations.
- Develop and maintain relationships with key stakeholders and lead the development of relevant strategic alliances,
- Manage the assets, liabilities and human capital of the Company.
- Drive the development of annual operating plans including business plans, operational requirements, staffing and budgets to ensure business continuity.
- Take full ownership of the company’s financial performance and provide periodic updates on it to the Board.
- Lead the design of the strategic plan, business plan and other relevant documents,
- Periodically, generate progress reports indicating extent of achievement of targets.
- Ensure the company complies with the regulatory requirements
Qualification, experience and attributes:
- A good first degree in the field of Management, Economics, Insurance, Law, Finance or related discipline, iron, a reputable University. An MBA or any other higher degree will be an aided advantage.
- Professional qualification(s) in insurance (e.g. ACT), or equivalent is an added value,
- Minimum of 15 years post-qualification experience including 5 years’ experience at senior management level. Experience in the insurance industry is an added advantage
- Language proficiency in any of the official languages spoken in Rwanda (English, French and Kinvarwanda). Ability to speak all the three languages is an added advantage.
- Excellent relationship management and strategic networking skills in the context of insurance business,
- Sound knowledge of regional and global trends in the insurance industry as well as an understanding of the key macroeconomic drivers is an added advantage.
- Excellent communication and interpersonal skills,
- Excellent leadership, negotiation, marketing, planning and organization skills.
Behavioural Competencies:
- Demonstrates cooperation and tact when dealing with others
- Demonstrates efficiency in the use of time and talent in order to achieve targets
- Encourages innovation, creativity and flexibility among colleagues and subordinates
- Willingly adjusts to new situations and learns new material quickly
- Perseveres with good spirit under pressure
- Modifies behavioural style and management approach to reach goals
- Demonstrates the ability to effectively present ideas or tasks to an individual or to a group
- Inspires and motivates colleagues and subordinates
- Should be result-oriented
Remuneration: Very attractive and competitive, consistent with what is obtainable in the insurance market in Rwanda.
Application Closing Date
27th February, 2013
How to Apply
Interested and qualified applicants should send their CV to:
[email protected]