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Managing Director Job Vacancy - Long-Term Insurance Financial Services Industry

A challenging position of Managing Director has presented itself within the long-term insurance financial services industry, in Nairobi, Kenya.

This is an exceptional opportunity for an industry heavyweight who can hit the ground running, and develop and execute the business strategy aimed at achieving ambitious growth targets.

Key Functions of the Managing Director:
  • Review and develop a strategic business plan, budget and performance targets for the company;
  • Ensure that the organisational structure, management team and staff are aligned to implement the business plan;
  • Optimise the physical infrastructure for the business to operate effectively and cost efficiently;
  • Develop and introduce profitable and competitive products and related services into the target markets through existing (broker) and own (agent, corporate) distribution and service channels;

  • Formulate and implement corporate policies (adhering to good corporate governance), operational procedures and financial controls;
  • Manage the day-to-day activities of the business to meet financial/profitability and related 0bjectives;
  • Adhere to statutory reporting and other regulatory and compliance requirements; and
  • Marketing of the business among the community, media and key stakeholders in the government and private sector;
  • Grow the business to a position of sustainable operating profitability on a continuous basis;
  • Keep the Board appraised and informed of all important matters pertaining to the effective operation of the company;
  • Any other such duties and functions as may be directed by the Board from time to time.
Experience and Qualifications
  • An appropriate business tertiary qualification (B-Commerce/MBA); and
  • Proven (at least 8 years) relevant professional and technical knowledge of and experience, of which at least 5 years in general management, in a financial services insurance environment;
  • Leadership and business management exposure at Managing Director or Senior Management level;
  • Experience in African markets — culturally attuned to the diverse markets with particular emphasis on the Kenyan market
  • Proven strategic vision with the ability to formulate, implement and drive strategy;
  • A demonstrable track record of successfully building and growing a business;
  • Good communication , Interpersonal skills and leadership style that will build relationships, confidence and trust;
  • Results and performance driven;
  • Proven work standards and strong business ethics; and
  • Strong commitment to deliver on strategic and performance objectives
Additional Information
  • The expected duration of this contract will be 3 years which is renewable;
  • The offer will be subject to the approval of the Board of the company and the relevant regulatory authorities;
  • This position is located in Nairobi, Kenya;
  • Remuneration and employment conditions are competitive and in line with current industry practises.
Those who meet these requirements, and/ or have other proven relevant skills or qualifications, should submit a detailed curriculum vitae with references and a copy of your qualifications, stating the reasons for your application and why you believe you will be the right candidate for this challenging position, for the attention of Arlene to the following e-mail address: Arleneh@webmail.co.za on or before the 22nd of October 2010. 

Should you not hear from us within 1 week of the closing date, you may take it that your application has been unsuccessful 

If you feel you possess the gravitas and intellect to take up this challenge, we would like to hear from you!

You can also visit www.kenyanvacancies.com for more jobs

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