Managing Director

Industry: Financial Services 

Report to:  Managers to Managers          

Location:  Africa (Various)  

Role Description:
This role is individually accountable for providing overall leadership and vision in developing a sustainable long-term growth and strategic direction for the general insurance operations. The incumbent is accountable for achieving results through comprehensive business management over periods of 1-3 years

Responsible for strategic direction of the overall General business including all operational aspects of the business.
Responsible for developing and implementing the long term 3yr+ business plan.
Manages the profitability of the business (bottom line responsibility).
Manages risk and compliance. 
Manages external relationships and influences industry bodies

Key Result Area:

Governance & Compliance
Ensures clean audit risk and compliance reportsEmbeds risk and governance framework in business

Strategy Implementation
Devises a clear 1-3 year strategy for the business aligned to the overall Country strategy.
Develops strategy in collaboration with Product specialists integrating the different channel contributions and aligning their respective value propositions to maximise market share.
Develops growth strategy and sets aggressive performance targets that result in increased sales and reduced operating losses. 
Functional Effectiveness 
The incumbent is accountable for achieving results through comprehensive business management.
Develops Managers of others / managers & specialists under supervision.
Selects potential Managers of others / managers to sustain pipeline.

Investment Performance Measurement
Works across various disciplines and integrates the disciplines to develop new strategies and operationalises them.
Accountable for performance of the unit
Accountable for business wide direction and business results
Stakeholder Management
Manages external relationships and influences industry bodies.

Person Specification 

MBA degree. Extensive relevant experience.

Competency Requirements
Decision Making
Thinking Skills
Building Relationships
Technical Knowledge
Client Focus
Aligning Performance for Success
Business Awareness.