Chief Executive Officer
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Job Location:
Monthly Salary:
Experience Required:
Posted on:
5 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Purpose
The Chief Executive Officer & Principal Officer (CEO & PO) is responsible for providing strategic operational and financial leadership to Directline Assurance ensuring sustainable growth profitability and regulatory compliance. The role drives execution of the Companys vision and strategy while maintaining strong governance and delivering shareholder value in alignment with Board expectations.
Key Responsibilities
1. Strategic Leadership & Execution
Develop and implement the Companys short and long-term strategy in alignment with Board direction
Translate strategy into clear operational plans and measurable outcomes
Drive business growth market expansion and product innovation
2. Financial & Business Performance
Deliver profitable growth through sound underwriting and revenue diversification
Oversee budgeting financial planning and capital management
Optimize returns to shareholders through efficient operations and investment decisions
3. Governance Risk & Compliance
Ensure full compliance with regulatory requirements (IRA) and corporate governance standards
Strengthen risk management frameworks and internal controls
Provide timely and accurate performance reporting to the Board
4. Leadership & Organizational Development
Build and lead a high-performing executive leadership team
Drive a culture of accountability performance and continuous improvement
Ensure succession planning and talent development across the organization
5. Stakeholder & Corporate Affairs Management
Serve as the primary spokesperson for the Company
Build and maintain strong relationships with regulators partners and industry stakeholders
Promote a strong corporate brand and reputation
6. Board Engagement & Support
Facilitate effective Board operations and decision-making
Provide strategic insights and support the Board in governance responsibilities
Ensure execution of Board resolutions and policies
Key Competencies (Expert Level)
1. Strategic Thinking
Ability to formulate and execute long-term strategies aligned to market dynamics
Balances growth opportunities with risk management
2. Visionary Leadership
Builds and communicates a compelling vision
Drives organizational transformation and change
3. Financial & Commercial Acumen
Deep understanding of insurance business drivers (underwriting claims profitability)
Strong capability in financial analysis capital management and value creation
4. Governance & Risk Management
Strong grasp of regulatory frameworks and corporate governance principles
Ensures robust risk identification mitigation and compliance
5. Stakeholder Management & Influencing
Builds strategic relationships and influences diverse stakeholders (Board regulators partners)
Strong negotiation and communication skills
6. Leadership & People Management
Leads motivates and develops high-performing teams
Drives a culture of accountability collaboration and results
7. Execution Excellence
Strong ability to translate strategy into action and deliver measurable results
Makes timely sound decisions in complex environments
Requirements
Qualifications & Experience
Bachelors degree in Finance Insurance Banking or related field
Masters degree in a business-related field is an added advantage
Professional qualifications (ACII AIIK CPA CFA ACCA Actuarial) preferred
Minimum 10 years senior management experience in insurance or banking
Membership to a recognized insurance professional body (AIIK or equivalent)
Success Measures
Achievement of financial and growth targets
Strong governance and regulatory compliance record
Effective strategy execution and business transformation
High-performing leadership team and organizational culture
Required Skills:
Qualifications & Experience Bachelors degree in Finance Insurance Banking or related field Masters degree in a business-related field is an added advantage Professional qualifications (ACII AIIK CPA CFA ACCA Actuarial) preferred Minimum 10 years senior management experience in insurance or banking Membership to a recognized insurance professional body (AIIK or equivalent) Success Measures Achievement of financial and growth targets Strong governance and regulatory compliance record Effective strategy execution and business transformation High-performing leadership team and organizational culture
