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  • Posted: Sep 15, 2014
    Deadline: Not specified
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    Old Mutual Nigeria consists of a Life Assurance and Short-Term Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients' circumstances.
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    Managing Director

    Role Description:
    This role is individually accountable for providing overall leadership and vision in developing a sustainable long-term growth and strategic direction for the general insurance operations. The incumbent is accountable for achieving results through comprehensive business management over periods of 1-3 years

    • Responsible for strategic direction of the overall General business including all operational aspects of the business.
    • Responsible for developing and implementing the long term 3yr+ business plan.
    • Manages the profitability of the business (bottom line responsibility).
    • Manages risk and compliance.
    • Manages external relationships and influences industry bodies

    Key Result Area:
    Governance & Compliance

    • Ensures clean audit risk and compliance reportsEmbeds risk and governance framework in business

    Strategy Implementation

    • Devises a clear 1-3 year strategy for the business aligned to the overall Country strategy.
    • Develops strategy in collaboration with Product specialists integrating the different channel contributions and aligning their respective value propositions to maximise market share.
    • Develops growth strategy and sets aggressive performance targets that result in increased sales and reduced operating losses.

    Functional Effectiveness

    • The incumbent is accountable for achieving results through comprehensive business management.
    • Develops Managers of others / managers & specialists under supervision.
    • Selects potential Managers of others / managers to sustain pipeline.

    Investment Performance Measurement

    • Works across various disciplines and integrates the disciplines to develop new strategies and operationalises them.
    • Accountable for performance of the unit
    • Accountable for business wide direction and business results
    • Stakeholder Management
    • Manages external relationships and influences industry bodies.

    Person Specification
    Education

    • MBA degree.
    • Extensive relevant experience.

    Competency Requirements

    • Decision Making
    • Thinking Skills
    • Building Relationships
    • Technical Knowledge
    • Client Focus
    • Aligning Performance for Success
    • Business Awareness.

    Method of Application

    Interested and suitably qualified candidates should click here to apply online.

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