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Job Summary
Job Title:
Principal Officer / CEO
Employer:
CIC General Insurance (U) Ltd
Location:
Country:
Contract Type:
Full-time
Job Category:
Administrative jobs
Number of Positions:
1
Deadline:
Friday, 29 December 2023
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Kampala, Uganda
CIC Africa Life Assurance Ltd is a leading life insurance company in East Africa, with a mission to provide innovative and comprehensive life insurance solutions that meet the financial security needs of individuals, families, and businesses. Established as a subsidiary of the CIC Insurance Group, the company has earned a strong reputation for its customer-centric approach and commitment to delivering reliable and accessible insurance products. Known for fostering a positive and dynamic work culture, CIC Africa Life Assurance values employee growth, offering professional development opportunities and a supportive work environment that promotes work-life balance and career advancement.
The company provides job opportunities in various areas, including underwriting, claims, and customer service, with flexible work arrangements to cater to diverse employee needs. Since its founding, CIC Africa Life Assurance has grown its presence across East Africa, evolving with market demands and incorporating cutting-edge technology to enhance its service delivery and product offerings.
The company’s business model focuses on offering tailored life insurance plans that cater to the unique needs of its diverse client base, ensuring sustainable growth and long-term financial protection. With a solid presence in multiple countries, CIC Africa Life Assurance is guided by core values of integrity, professionalism, and innovation, ensuring the delivery of value-driven services. The company is also committed to corporate social responsibility, supporting various community development initiatives that promote financial literacy, health, and education. For more information, visit www.cicafrica.com.
Full-time
Deadline:
29 Dec 2023
Principal Officer / CEO job at CIC General Insurance Uganda Ltd
CIC General Insurance (U) Ltd
Job Description
Duties, Roles and Responsibilities
Qualifications, Education and Competencies
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.
See all details of the qualifications, competencies and education for this role under the "How to Apply" section below.
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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.
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.
