Managing Director / Principle Officer – Grand Reinsurance Botswana

November 2, 2023

Job Description

Managing Director/ Principal Officer – Grand Reinsurance Botswana (Pty) Ltd
Reporting to the Board, the Managing Director/Principal Officer will be responsible for the overall business growth, profitability and leadership of the organization.
Mandate
• To provide executive leadership required to make the company the premier reinsurer and most admired for all relevant stakeholders.
• To create Shareholder value through the development and execution of the company’s long and short-term strategy in conjunction with the Board.
• To create a high performing organisational culture of highly motivated, engaged and collaborating human capital base.
Essential duties and responsibilities will include:
• Drive the vision and culture of the organization in line with Shareholders’expectations.
• Provide strategic direction and guidance towards achieving the organisation’s short and long-term goals.
• Manage key stakeholders’relationships and promote the organisation brand and image.
• Explore new business opportunities that will translate into sustainable profitability and business growth.
• Ensure implementation of financial, commercial and operational best practices.
• Manage key business risks and ensure full compliance and adherence to regulatory and statutory provisions.
• Ensure optimal reinsurance program for the business.
• Ensure equitable optimisation and deployment of company resources to enhance productivity and sustainability.
• Ensure the provision of effective systems, structures and resources to support business growth and sustainability.
• Ensure strict adherence to corporate governance practices and implementation of internal controls.

QUALIFICATIONS AND EXPERIENCE
The ideal position holder should have the following:
• A Business related Master’s Degree.
• A degree in Insurance and Risk Management or equivalent relevant field
• Advanced technical Insurance qualifications.
• A record of Continual Professional Development in Leadership
• A minimum of 15 years work experience in Reinsurance of which 10 years should have been at executive level.
• Proven experience of working with Board of Directors.
Candidate Profile:
• Strategic thinker and analytical abilities.
• Very strong leadership and people development skill.
• Good financial acumen and ability to interpret key general insurance/reinsurance metrics.
• Experience of working in multi-cultural and diverse environment.
• High technical skills in reinsurance, insurance and general risk management.
• Ability to build a sustainable high performance culture.
• Proven ability to create sound business plans in line with strategic objectives of the organization and oversee execution through concrete deliverables and timelines.
• High level of integrity, self-discipline and determination.
• Result-oriented, with the proven ability to implement short-and long-term goals;
• Outstanding customer relationship management, interpersonal, written and oral communication skills.
• Demonstrated leadership, networking and collaboration/negotiation skills.

Location