Vacancies: Managing Director, Company Secretary
Vacancies in Leading Insurance Company
We are a pioneer and one of the largest financial institutions in East Africa with a network of branches spread across the country, offering a full range of insurance products and services. The company is seeking to recruit focused, results-oriented and suitably qualified professionals to fill the following positions:
Position: Managing Director (2 Positions: General and Life Insurance Businesses) (Reporting to the Board)
The successful candidate will serve as the principal strategy and business development executive of the company and will have ultimate Profit &Loss responsibility. He/She will be responsible for developing, implementing and managing short, medium and long-term strategies that will ensure the continued growth and profitability of the company. Specifically, the candidate will:
- Champion the formulation of the company’s strategies and ensure implementation.
- Serve as a key brand icon for the company, creating a niche for it in the insurance sector and consistently reinforcing and promoting the corporate brand value and identity.
- Lead the overall business development efforts (including deal sourcing and origination) to ensure the realization of the company’s growth aspirations.
- Develop and maintain relationships with key stakeholders and lead the development of relevant strategic alliances.
- Manage the assets, liabilities and human capital of the Company.
- Drive the development of annual operating plans including business plans, operational requirements, staffing and budgets to ensure business continuity.
- Take full ownership of the company’s financial performance and provide periodic updates on it to the Board.
- Lead the design of the strategic plan, business plan and other relevant documents.
- Periodically, generate progress reports indicating extent of achievement of targets.
- Ensure the company complies with the regulatory requirements
Qualification, experience and attributes:
- A good first degree in the field of Management, Economics, Insurance, Law, Finance or related discipline, from a reputable University. An MBA or any other higher degree will be an added advantage.
- Professional qualification (s) in insurance (e.g. ACII), or equivalent is an added value,
- Minimum of 15 years post-qualification experience including 5 years’ experience at senior management level. Experience in the insurance industry is an added advantage
- Language proficiency in any of the official languages spoken in Rwanda (English, French and Kinyarwanda). Ability to speak all the three languages is an added advantage.
- Excellent relationship management and strategic networking skills in the context of insurance business.
- Sound knowledge of regional and global trends in the insurance industry as well as an understanding of the key macroeconomic drivers is an added advantage
- Excellent communication and interpersonal skills
- Excellent leadership, negotiation, marketing, planning and organization skills.
Behavioural Competencies:
- Demonstrates cooperation and tact when dealing with others
- Demonstrates efficiency in the use of time and talent in order achieve targets
- Encourage innovation; creativity and flexibility among colleague and subordinates
- Willingly adjusts to new situations and learns new material quickly
- Perseveres with good spirit under pressure
- Modified behavioural style and management approach to reach goald
- Demonstrates the ability to effectively present ideas or tasks to an individual or to a group
- Inspires and motivates colleagues and subordinates
- Should be result-oriented
Remuneration: Very attractive and competitive, consistent with what is obtainable in the insurance market in Rwanda.
Position: Company Secretary (2 positions: General and Life Insurance businesses) (Reporting to the Managing Director and to the Board)
The successful candidate will provide administrative support and guidance to company directors about the day-to-day management of the Company, including compliance with legal and statutory requirements.
Major Responsibilities:
- Prepare the agenda of AGM and Board meetings in consultation with the Chairman and the Managing Director;
- Provide legal advice to management on all legal matters
- Circulate agenda and supporting papers in good time to all Directors,
- Take minutes of board meetings and annual general meetings (AGMs);
- Maintain statutory books, including registers of members, directors and secretaries;
- Provide technical support to committees and working parties such as the Board of Directors etc;
- Deal with correspondence, collating information and writing reports, ensuring decisions made are communicated to the relevant company stakeholders;
- Provide advice on correspondence with the regulator and other external legal partners
- Contribute to Board meeting discussions as and when required, and advise members of the legal governance, on tax implications of proposed policies;
- Monitor changes in relevant legislation and the regulatory environment and take appropriate
- Liaise with external regulators and advisers, such as lawyers and auditors
- Develop and oversee the systems that ensure the company complies with all applicable laws
- Provide ad vice on contracts with suppliers/customers
- Provide supervision to the legal staff
Qualification, experience and attributes:
- A good first degree in the field of Law from a reputable University. An LLM, Institute of Chartered Secretaries and Administrators (ICSA) or its equivalent, or any other higher degree will be an added advantage.
- Minimum of 8 years post-qualification experience including 5years experience at senior management level
- Experience in litigation or high level corporate practice
- Experience in the insurance industry is an added advantage
- Should be proficient in English and/or French Language, both verbal and written
- Excellent computer and secretarial skills
- Excellent relationship management and strategic networking skills in the context of insurance business
- Excellent communication and interpersonal skills
- Excellent leadership, negotiate, planning and organization skills.
Behavioural Competencies
Candidates should:
- Possess diplomacy,
- Have the ability to pay attention to details
- Have interpersonal, team working and communication skills
- Have the ability to inspire innovation, creativity and flexibility in subordinates
- Have the capacity to adjust to new situations and learn new materials quickly
- Persevere with good spirit under pressure
- Have the capacity to modify behavioral style and management approach to reach goals
- Be result-oriented
Remuneration: Very attractive and competitive, consistent with what is obtainable in the insurance market in Rwanda.
How to apply:
To apply, please indicate the position you are applying for as the subject of your email and send your updated resume, 3 referees who are knowledgeable about your professional achievements and abilities, certificates and application letter to: vacancy.rwanda.insurance@gmail.com not later than 27th February, 2013.
All applications will be treated in confidence.
Only short-listed candidates will be contacted.
