Principal Officer
2 weeks ago
ROLE PURPOSE- The Principal Officer (PO) is the Accounting Officer of the Scheme, accountable to and working with the Board of Trustees and coordinating senior executives to develop and drive achievement of short, medium & long strategic objectives which determine the overall direction of the Scheme. The successful incumbent is accountable for the policies and procedures of the Scheme and is required, as per legislation, to be fit and proper for the role. In addition, the PO represents the Scheme to its members, broker community, stakeholders and the public.- Key Areas of Responsibility- Developing and implementing an integrated strategy enabling the Scheme to achieve its mandate.
- Continuously articulating the short, medium & long-term plans to achieve the strategy and objectives of the Scheme; and communicate such clearly too all stakeholders.
- Proactively identifying key industry and legislative dynamics facing the Scheme and designing intervention strategies to ensure sustainability.
- Developing and maintaining a structured approach to the clinical risk function based on favourable negotiated rates with healthcare partners.
- Ensuring that the Scheme's customer experience delivers on the brand promise.
- Accounting for the effective overall utilisation of the Scheme's resources as it relates to people, process, budget, technology and membership.
- Engaging with external stakeholders to identify industry trends and strategic opportunities.
- Ensuring effective management of Scheme financial resources, maintaining the solvency ratio as stipulated in the Medical Schemes' Act and striking the required balance between medical claims expenditure and non-healthcare costs.
- Ensure that sound risk management methodologies are applied and risks are managed to acceptable levels. Advocate and promote a Scheme-wide risk-intelligent culture.
- Ensure that compliance is inculcated, effectively managed and overseen.
- Ensure that appropriate internal audit processes, procedures and sound corporate governance principles are in place.
- Enlisting, building, entrenching and leading, with a firm, fair and consistent approach, an agile people capability that supports the desired Scheme culture and delivery of strategic objectives which includes eliminating any silo's within the organisation.
- Representing the Scheme as a company spokesperson with various stakeholders which includes but is not limited to the media, regulator, industry bodies, unions and brokers.
- Qualification:
- Master’s in Business Administration or a relevant business postgraduate qualification
- MBChB will be an added advantage
**Experience**:
- Up to 15 years’ experience in a similar position, preferably in medical aid or financial services industry
Skills and Knowledge:
- Medical Aid Rules & Regulations
- International Financial Reporting Standards and Financial Services Regulations
- Proven track record of successful operation in a similar-sized organisation or large division
- Tendering Processes and Contracts Administration
- Corporate Governance
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