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Kampala, Uganda

Full-time

Deadline: 

29 Dec 2023

A subsidiary of CIC Insurance Group (PLC), CIC General Insurance (U) Ltd is one of the leading insurance service providers in the region. With our head office is in Kampala and regional offices in Kasese, Mbarara, Mbale, and Kampala Town Office, we are serving a wide range of customers from Cooperatives to Corporates, SMEs, NGOs, Government entities, and individuals. We offer a wide range of insurance and financial solutions through the co-operative spirit. Our insurance policy packages protect our client’s businesses giving them peace of mind to grow their wealth and achieve their financial goals. In all we do, we keep our word, a testament to our commitment to honor genuine and valid claims from all our clients.

Principal Officer / CEO job at CIC General Insurance Uganda Ltd

CIC General Insurance (U) Ltd

CIC Group seeks to recruit a dynamic and visionary leader to join this winning team as the Principal Officer/CEO – CIC General Insurance Uganda Ltd. The successful candidate will provide strategic direction and leadership to ensure that the company vision, mission, strategic goals, and objectives are executed and aligned with the corporate values, while ensuring all legal, corporate governance and regulatory requirements are complied with.

Key Duties and Responsibilities

  • Drive the overall expansion, business growth as well as enhance market position through aggressive growth of GWP;

  • Formulate, implement and ensure achievement of the General Insurance Company’s overall business strategy;

  • Provide strategic leadership to the management serving as the principal link between the Subsidiary and the Uganda Board;

  • Provide strategic direction on matters relating to General business performance and changes to enhance profitability and shareholder value;

  • Develop, establish and operationalise Company policies, and ensure that appropriate management structures and policies are continuously developed, reviewed and implemented;

  • Establish and manage highly collaborative relationships with key policy makers, regulators, customers and other key stakeholders, to ensure business retention and growth;

  • Prepare regular and periodic reports to the Board for strategic direction and qualitative assessment on the achievement of the planned goals;

  • Ensure operating procedures and controls are established and communicated to solidify management control and direction of the business; and

  • Practice and promote a culture of high quality standards, integrity, ethics, diversity, inclusion and corporate social responsibility across the Company.

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SERVICES

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SERVICES

INDUSTRIAL

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SERVICES

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SERVICES

INDUSTRIAL

SERVICES

RESIDENTIAL

SERVICES

COMMERCIAL

SERVICES

COMMERCIAL

SERVICES

COMMERCIAL

SERVICES

COMMERCIAL

SERVICES

INDUSTRIAL

SERVICES

RESIDENTIAL

Person Specifications

  • Be a member in good standing of a recognized professional body;

  • Must possess CII Diploma or Diploma in insurance;

  • Certificate in Corporate Governance will be an added advantage;

  • Have knowledge and relevant work experience of not less than ten (10) years, with at least five (5) years served in senior leadership position, and be able to demonstrate P&L responsibility and accountability;

  • Proven ability to quickly grasp business risks and make sound decisions;

  • Proven organizational and stakeholder management skill is a key requirement for this position;

  • Be a highly networked individual with ability to build and maintain relationships beneficial to the organization;

  • Should have strong business development focus with proven track record of business turnaround; and

  • Have thorough understanding of financial management, regulatory compliance, board management, demonstrable commercial and investment acumen.

If you meet the requirements above, send your application clearly marked CEOCICUGANDA/PO/01/2023 addressed to md@cicuganda.com to reach us by Friday 29th December 2023. In addition, please attach a resume that contains details of your qualifications, experience, and present positions. Only shortlisted candidates will be contacted.

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