Chief Executive Officer / CEO Full-Time

Job Description:

Our client, a leading Financial Services institution, is seeking a dynamic; commercially astute; and innovative leader to take up the role Chief Executive Officer / CEO within their Mozambican operation. This person will formulate and implement business strategy; manage key stakeholder relationships; drive a high performance corporate culture; and grow the Group’s Insurance business.

Responsibilities:

Strategic Planning and Development:

• Assuming responsibility for the preparation of the strategic and development plans of the Company.
• Ensuring effective business development and planning for the Company.
• Assuming strategic responsibility for the development of employer engagement, business development and other strategies that impact on the Groups’ performance.
• Understanding the business environment and be able to interpret political, economic and market trends

Finance:

• Determining the financial strategy for the Group, and maintaining and improving its financial health.
• Implementing robust financial, risk and management information systems and an overarching internal control framework, thereby creating a financially secure and healthy Group.
• Achieving profits in line with agreed targets.
• Maintaining and managing an effective organization, controlling the cash-flow in conformity with the Board of Directors’ guidelines.

Business Development, Brand Support and Visibility:

• Identifying market developments, political, economic, legislative and underwriting trends affecting profit and growth objectives so as to interpret their impact and ensure appropriate action is taken.
• Developing and maintaining constructive business relationships with management and staff of broking firms at all levels and with direct clients.
• Establishing personal relationships with major sources of revenue and business influence so as to foster the growth and standing of the Group.
• Defining company growth objectives, monitoring progress, interpreting results and establishing and maintaining operating standards to this end.
• Undertaking market research and leading in the development of appropriate products for the market.
• Liaising with internal stakeholders and partners in the development and roll out of new products.
• Identifying business development and growth opportunities in partnership with senior managers.
• Evaluating market size, competitor accomplishments and industry structures, and making recommendations to the Board to assist in the development of the Groups’ goals.

Coordination of Reinsurance:

• Determining the Company’s need for reinsurance protection and making arrangements accordingly.
• Ensuring maximum growth of the unit through facultative new business production.
• Maintaining existing facultative business/servicing current facultative business to achieve renewal targets.

Coordination of Information Communication Technology:

• Coordinating strategic ICT planning so as to be in line with the Group’s Business Interests.
• Ensuring that ICT projects in the group are implemented within agreed time scales.
• Ensuring the integrity of the Group’s computerized systems by maintaining existing and implementing improved security measures.
• Assuming strategic responsibility for the management information function within the Group and the accuracy, internal and external use of that information.

Audit and Compliance:

• Ensuring all Government and Statutory requirements for the Company are met and that all returns and information required are properly submitted on time.
• Ensuring the compliance review checks for the entire business are carried out.
• Monitoring systems to ensure compliance of processes and tasks, to internal policies and the applicable law.

Communication and Corporate Affairs:

• Developing and executing a corporate branding and communication strategy to achieve a positive corporate image.
• Enhancing the corporate identity of the brand through effective and efficient advertising.
• Providing overall guidance on all external communication materials and publications including promotional materials (leaflets, posters, banners).

Human Capital Management:

• Developing and deploying staff to optimum effect so as to maximize their contribution and to introduce an effective performance monitoring system.
• Maximizing human resources including training, staff development and succession planning for executive positions across the Group.

Quality Assurance, Development and Continuous Improvement:

• Assuming strategic responsibility for the devising and implementation of an effective quality assurance system, development and quality improvement plans.
• Working proactively with managers within the Group to develop an ethos of continuous improvement and development.

Requirements: Qualification and Skill

• A Bachelor’s degree as well as a Master’s degree in a business-related field (advantageous)
• Professional qualifications in FLMI and ACII.
• At least 12 to 15 years’ experience, 8 of which must be at senior management level, within the financial services industry, in a busy high performing insurance industry.
• In-depth knowledge and understanding of the Mozambique insurance industry and its concepts.
• A good understanding of local customers, the market and industry competitors.
• Knowledge of insurance regulatory requirements.
• Effective negotiation skills.
• Excellent organizational and analytical skills.
• Report writing skills.
• Effective business management skills.
• Strong working knowledge of English (spoken and written).