Description:
This Association's primary function is to advocate for a sustainable, ethical, and resilient sector by working with government, regulators, and stakeholders, while also promoting best practices and consumer education.
Applying candidate would come from an active involvement and senior leadership role in the related Financial Services Sector, have a high level of credibility, reputation, loyalty and humility.
Purpose of the role: Responsible for leading the development and execution of the organisation’s strategic (long-term and short-term goals) as approved by their Board, as well as day-to day management decisions to ensure the organisation is fully operational and adds value to the non-life insurance industry, their members, and stakeholders at large. The CEO as the representative / member body of the non-life insurance industry, represents the interests of the non-life insurance industry with key stakeholders, including the Financial Sector Conduct Authority (FSCA), Prudential Authority (PA), National Treasury (NT), Government Departments and others at high level, including ministerial level, and also represents the industry on various stakeholder boards and important forums such as the Financial Sector Contingency Forum led by the South African Reserve Bank. The CEO is responsible for building high level relationships with various stakeholders in Government, business and the financial sector in order to assist with implementing the Association’s Board’s goal of becoming part of the solutions for South Africa’s challenges broadly, in line with the National Development Plan objectives, and most importantly the sustainability of the non-life insurance industry. The CEO advocates for collaborative and shared resilience solutions for identified strategic and potential systemic risks and is responsible for collaboratively, positively and constructively influencing relevant stakeholders to advance important industry projects that progress sustainability goals, including projects that address the risks faced by the industry and country at large. The CEO is expected to value and foster inclusion of diverse stakeholders and interests, build trust relationships and negotiate with diverse stakeholders (such as members, business, government, organised labour and organised community). The CEO is also responsible to promote the image and reputation of the industry and advance the understanding and recognition of the value of non-life insurance and the non-life insurance industry. The CEO acts as a spokesperson on behalf of the organisation and industry.
Outline of Strategic Leadersip and Decision Making: (More detailed profile can be submitted to applicable applicants)
- Develop and execute the organisation's strategy
- Decision making - Responsible for significant decisions that impact the image of the Association, and the industry it represents, a sustainable funding model for the organisation, and stakeholder relations and talent management
- Oversee the Association's performance, including monitoring and overseeing delivery on projects related to key priority areas and business as usual areas as per the Association's strategy; monitoring and managing financial performance, analysing financial results, and identifying and addressing any challenges; overall operational efficiency of the organisation; monitoring and managing KPI's to ensure the sustainability of the organisation and value to members
- Communication with stakeholders
- Operational Management - Manage the overall operations of the Association; build and lead the executive team; manage company resources
- Stakeholders Relationships - Build and maintain relationships with stakeholders; act as the organisation's primary spokesperson; manage the organisation's reputation; external representation
- Other Important Responsibilities: Develop and uphold the Association's culture and mission/vision; assess and mitigate risks; stay informed about industry trends
See below for email details to enable direct application
Requirements:
- Develop and execute the organisation's strategy
- Decision making - Responsible for significant decisions that impact the image of the Association, and the industry it represents, a sustainable funding model for the organisation, and stakeholder relations and talent management
- Oversee the Association's performance, including monitoring and overseeing delivery on projects related to key priority areas and business as usual areas as per the Association's strategy; monitoring and managing financial performance, analysing financial results, and identifying and addressing any challenges; overall operational efficiency of the organisation; monitoring and managing KPI's to ensure the sustainability of the organisation and value to members
- Communication with stakeholders
- Operational Management - Manage the overall operations of the Association; build and lead the executive team; manage company resources
- Stakeholders Relationships - Build and maintain relationships with stakeholders; act as the organisation's primary spokesperson; manage the organisation's reputation; external representation
- Other Important Responsibilities: Develop and uphold the Association's culture and mission/vision; assess and mitigate risks; stay informed about industry trends
- Acceptable tertiary qualification and as said previously would come from an active involvement and senior leadership role in the related Financial Services Sector and/or related stakeholder environment, and have a high level of credibility, reputation, loyalty and humility.
- Knowledge and understanding of the financial sector, and particularly the non-life insurance industry will be an advantage.
- Strong background in inclusive stakeholder management and collaboration.
- Ability to seek, listen to and understand diverse views, and to propose, motivate and secure support for inclusive, collaborative and sometimes compromise solutions.
- Demonstrated understanding of the broader risk landscape relevant to the industry landscape.
- Exceptional strategic thinking and inclusive and collaborative problem-solving skills.
- Excellent communication and interpersonal abilities and skills.
- Strong understanding of governance and financial and operational management are essential.
- A good understanding of the nature of a non-profit organisation (NPC), including delivering on a considerable agenda with limited resources, financial and operational management and governance requirements will be an advantage.
- An ability to lead change within the organisation and the industry will be an advantage to ensure a continuing resilient and relevant organisation that can positively and nimbly anticipate and react to changing needs of the members of the organisation.
- Visionary leadership and the ability to lead diverse teams.
- Strategic thinking, including anticipating trends and aligning organisational priorities with future risks and opportunities.
- Problem solving with solution driven skills.
- External leadership: Ability to become recognized as a trusted leader within the industry enabling effective advocacy and influence.
- Internal leadership: Ability to lead, inspire, develop and manage diverse teams toward high performance.
- Strategic relationship building skills that promote credibility, inclusiveness, collaboration and trust.
- Governance, financial and operational acumen.
- Insurance industry and/or related broader environment knowledge and expertise.
- Acceptable tertiary qualification and as said previously would come from an active involvement and senior leadership role in the related Financial Services Sector and/or related stakeholder environment, and have a high level of credibility, reputation, loyalty and humility.
- Knowledge and understanding of the financial sector, and particularly the non-life insurance industry will be an advantage.
- Strong background in inclusive stakeholder management and collaboration.
- Ability to seek, listen to and understand diverse views, and to propose, motivate and secure support for inclusive, collaborative and sometimes compromise solutions.
- Demonstrated understanding of the broader risk landscape relevant to the industry landscape.
- Exceptional strategic thinking and inclusive and collaborative problem-solving skills.
- Excellent communication and interpersonal abilities and skills.
- Strong understanding of governance and financial and operational management are essential.
- A good understanding of the nature of a non-profit organisation (NPC), including delivering on a considerable agenda with limited resources, financial and operational management and governance requirements will be an advantage.
- An ability to lead change within the organisation and the industry will be an advantage to ensure a continuing resilient and relevant organisation that can positively and nimbly anticipate and react to changing needs of the members of the organisation.
Key competencies:
- Visionary leadership and the ability to lead diverse teams.
- Strategic thinking, including anticipating trends and aligning organisational priorities with future risks and opportunities.
- Problem solving with solution driven skills.
- External leadership: Ability to become recognized as a trusted leader within the industry enabling effective advocacy and influence.
- Internal leadership: Ability to lead, inspire, develop and manage diverse teams toward high performance.
- Strategic relationship building skills that promote credibility, inclusiveness, collaboration and trust.
- Governance, financial and operational acumen.
- Insurance industry and/or related broader environment knowledge and expertise.
Should you be unable to submit your CV via this portal or prefer to submit directly, you can email - bernadette@bmrecruit.co.za