Responsibilities:
The CEO’s main responsibility will be to drive the Company’s overall operations and sustainable growth, develop and recommend to the Board the long-term strategy, annual business plans, and annual operating budgets, maintain public confidence in the services offered by the company by developing and promoting effective industry-specific management practices, income protection mechanisms and compliance with the relevant statutory requirements. He/she should be able to lead the modernization and transformation of the Company.
Job Summary:
Establishing proper internal monitoring and control systems and procedures.
Lead in the formulation and implementation of corporate policies including, but not limited to, planning for impact changes in the insurance industry.
Ensuring sound financial management of the company through portfolio management, process optimization, risk-based pricing, and cost discipline.
Able to lead the modernization and transformation of the Company including overseeing the development and implementation of transformation initiatives.
Ensuring that the Board of Directors is provided with all relevant information, trends in the market and recommendations to facilitate informed decision-making.
Stakeholder management
Lead in the implementation of strategic projects with the support of the Executive Committee.
Ensure alignment and adherence to the Company’s culture, values, communication standards and behaviour, to create a safe and pleasant work environment for all employees.
Delivering results while maintaining good corporate citizenship through building a professional and achievement-oriented Executive Management team
Nurturing and maintaining a performance-driven, ethical, fair and meritocratic corporate culture that will attract and retain talented and competent individuals.
Developing and inculcating customer focus and customer satisfaction as key attributes in the Company
Implement digital transformation of the company for greater efficiency and enhanced customer experience.
Monitor Customer satisfaction, identify improvement areas and implement corrective actions.
Implement mechanisms to achieve the company’s financial targets. Monitor the top-line activities and technical results on a regular basis.
Ensure prudent claims management and underwriting by maintaining adequate reserves and competitive insurance premium rates.
Any other duties that fall under the responsibility of the CEO
Academic Qualifications:
Must have a bachelor’s degree in Finance, Insurance and Business or any other relevant degree from a recognized university;
Must have a Masters qualification in Finance, Insurance, Business or other relevant Masters qualification from a recognised university;
Must have a minimum of fifteen (15) years experience at a senior management level in a large organisation, preferably in Reinsurance, Insurance or Financial Institutions;
Must have a professional qualification in Insurance, Accounting or Banking or other relevant professions; – ACII, CPA(K), FIA, CIM, CIMA.
Required Skills and Competencies:
Strategic thinker with good commercial acumen and the ability to identify and exploit economic opportunities in changing environments;
Demonstrated ability to drive change and transformation, with a proven capability of quickly assessing complex situations, generating astute, practical and pragmatic solutions, coming up with action plans and correcting problems;
A track record of exemplary performance leadership, effective planning and project management skills.
Experience in implementation of institutional strengthening projects (ISPs), improving organizational efficiency and effectiveness with attention to detail;
Ability to work under pressure, applying emotional intelligence, while exercising team leadership and effective decision-making skills;
excellent oral and written communication, strong presentation, and negotiation skills;
Knowledge of insurance, investment, trade, treasury and other cross-functional products.
Closing Date: 28th June 2024
go to method of application »
Use the emails(s) below to apply Kindly send your CV and cover letter detailing your experience, qualification and motivation for the job
CHIEF EXECUTIVE OFFICER(C.E.O) – Suitably qualified candidates should send their applications to chairman@amaco.co.ke by 28th June 2024 – 5.00 p.m. and attach their CVs, academic certificates, professional certificates, valid KRA tax compliance certificate, valid police clearance certificate, valid CRB clearance certificate and valid HELB clearance certificate. The applications should also have the names and contacts of three referees.
Apply via :
chairman@amaco.co.ke
