Executive Director: Insurance Business Strategist

5 hours ago


Centurion, Gauteng, South Africa iMasFinance Co-operative Full time
iMasFinance Co-operative is seeking an Executive Director to lead its Insurance Business. This senior leadership role reports directly to the GCEO and is responsible for developing and executing the strategic direction of iMasFinance's insurance business, including life insurance and short-term insurance. The successful candidate will have a proven track record in executive management, with expertise in insurance brokerage and product provider management.

The key responsibilities of this role include:

Strategic Direction:
• Formulate and implement business strategy, human relations strategy, business plan, and strategic objectives
• Review and optimize strategy regularly, assess future business needs through sustainability forecast, and take corrective action where needed

Compliance and Governance:
• Drive the overall corporate governance framework
• Ensure adherence to corporate governance and principles, including codes of conduct, legislation, statutory requirements, policies, and procedures

Leadership:
• Provide visionary leadership, direction, and strategic guidance to employees
• Ensure execution of the company vision and strategic objectives, and achievement of expected results

Financial and Operational Performance:
• Responsible for sustainable financial growth and management of the company
• Drive the creation of sustainable wealth to ensure achievement of strategic targets through sound financial and business practices

Risk Management:
• Proactively identify and lead assessment of critical organizational risks
• Implement remedial action where necessary

People Management:
• Create a high-performance culture
• Manage Senior Management and other management team members' performance

To be successful in this role, you will need:

• An Honours Degree in Business Management or Financial Management
• A Masters Degree in Finance, Business Administration/MBA or Direct Marketing (recommended)
• Registration as a Key Individual (recommended)
• CIMA, CITA, IISA, SAIA, or SAICA registration (an advantage)
• A valid driving licence

• Minimum 10 years of experience in insurance (specifically in a broking environment) is essential, of which at least 5 years must be on executive management level

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