Careers

MANAGING DIRECTOR

Post name :    Managing Director
Date Of Posting :    31-08-2017
Closing Date :    11-09-2017

 

Botswana Insurance Company invites applications from suitably experienced & qualified candidates for the position of;

 

 

MANAGING DIRECTOR

 

Reporting to the Board, the Managing Director 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 insurer 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.
  • To consider forward thinking business philosophies and develop, implement, monitor and evaluate strategies to achieve the organisations objectives.
  • To improve processes and systems to achieve the aims and objectives of the organisation.
  •  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.

 

Job Requirements

  •   Key Competencies & Attributes:
  •    Leadership:
  •  The candidate shall have an extensive understanding of the General/Short term Insurance industry and be able to generate enthusiasm amongst all stakeholders.
  •  Demonstrate stability and consistency leading staff members to achieve organizational goals and high levels of performance.
  •  Very strong leadership and people development skills
  •  Good financial acumen and ability to interpret key general insurance metrics
  • Ability to build a culture of change management within the organisation where he/she encourages change and visionary thinking.

 

  •     Relationship Management:
  •   To have the ability and vitality to ignite excitement for the industry and build and maintain positive, strong working relationships with all stakeholders (internally, locally, regionally and internationally) to achieve the organisation’s goals and image.
  •  Build and maintain effective working relationships with senior executives of key industry organisations.
  • Excellent networking, negotiation and conflict resolution skills.
  • Collaborate with and coordinate diverse teams in the different markets.

 

  •                Strategy  
  • Ability to recognize and understand factors and trends affecting the insurance industry globally, regionally and locally and adapt strategies quickly and effectively in the changing environments.
  •  Ability to align organizational strategies with stakeholder groups.
  • Analytical skills and ability to improve processes and systems to achieve the aims and objectives of the organisation.
  • The ability to analyse market research and analysis to create detailed business plans on commercial opportunities for business development and expansion in the insurance industry.

 

  •   Communication Skills:
  • A skilled communicator, facilitator, host and presenter able to relate to a wide variety of cultural and linguistic backgrounds.
  •  Excellent writing skills.

 

  •    Inter-personal Skills:
  •  The candidate will have a strong understanding of the values of the organisation and the Company’s Group.
  •   Commitment to organizational excellence displaying honesty, integrity and a strong sense of ethics in all decisions and actions.
  •  Personal presentation and presence which commands respect from all stakeholders.

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 10 years’ experience in the insurance industry at managerial level.
  • Experience of at least 5 years as MD/CEO of an A rated General Insurance Company.
  • Proven experience of working with Board of Directors.

 

Interested applicants should email their motivational letters, a detailed curriculum vitae and certified copies of certificates to careers@bic.co.bw and should be addressed to the Human Resource Department, P O Box 715, Gaborone.

 

Hard copies of applications will not be accepted.

 

Closing date for applications is on or before the 12th September 2017 @ 5pm.

We regret to inform that we will only enter into correspondence with short-listed candidates. 

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