Managing Director / Chief Executive Officer Careers – East African Underwriters Limited (EAUL)

Organization: East African
Underwriters Limited (EAUL)
Duty Station: Kampala,
Uganda
       
About US:
East African Underwriters Limited (EAUL) is a member of the Liberty
Group and a joint venture with the Madhvani Group. Liberty is a multinational
group of companies operating in the financial services industry.
Job Summary: The Managing
Director / Chief Executive Officer will be responsible for the strategic and
people leadership of the business, ensuring that financial, commercial and
operational best practices are implemented for the group and overseeing new
business development initiatives to grow the business in line with the Group
Strategy.
Key Duties and
Responsibilities:  
  • Setting the strategic direction for the
    country business within the context of the overall business strategy.
  • Ensuring the execution of strategic
    priorities in order to achieve agreed financial, customer, and channel
    metrics.
  • Leading the business by setting the
    priorities, living the brand and culture, and ensuring appropriate people
    practices.
  • Developing the business in terms of
    channel and product line expansion in order to attain and retain clients.
  • Ensuring there are appropriate commercial
    processes and infrastructure in place to deliver desired business
    objectives.
  • Understanding and managing key risks to
    which the business is exposed including market, insurance, operational,
    compliance, and legislative risks.
  • Regularly interacting with and managing
    key stakeholders, including (but not limited to) Board of Directors,
    Insurance Regulator, Shareholders, Auditors, and Industry Bodies.
  • Identifying and executing new business
    acquisition opportunities and distribution partnerships to accelerate the
    achievement of the business strategy.
  • Act as Principal Officer for the business
    and perform all duties in this regard as governed by Insurance
    legislation.
Qualifications, Skills and
Experience:
  • The applicant must hold a Bachelor’s
    Degree in Commerce or Finance
  • Insurance Industry Qualification (ACM)
  • Possession of a Post graduate degree is an
    advantage
  • A minimum of ten years’ experience in the
    General Insurance Industry.
  • Ability and proven record to manage an
    insurance business
  • Ability to work with partners to grow the
    revenue and profitability of the business.
  • Proven track record of leading and
    developing people, achieving financial goals, delivering strategic
    projects.
  • Good track record of people leadership
  • Proven ability to build a sustainable high
    performance culture
  • Demonstrated ability to build and maintain
    strong relationships with key stakeholders, a strong network in Uganda and
    an ability to analyse and interpret financial and other key metrics for a
    General Insurer.
  • Demonstrate a good understanding of the
    Insurance Act, as it relates to General insurance.
  • Broad knowledge and understanding of
    company law
  • Risk management principles and practices
    including reinsurance
How to Apply:
All suitably qualified and interested candidates should send their
applications to:  ghrm@madhvani.org
Deadline: 28th December,
2016

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