19 June 2015

Insurance Jobs - Managing Director - NIC Life at NIC Holdings ~ Ugandan Jobline Jobs



Organisation: National Insurance Corporation NIC Holdings


Duty Station: Kampala, Uganda


NIC Holdings is one of the

largest financial institutions in East Africa with a network of branches spread

across the country, offering a full range of insurance products and services in

Life and Non-Life insurance businesses and Financial Management. NIC Holdings

has two subsidiaries which include NIC General Insurance Company Limited and

NIC Life Assurance Company Limited.


Job Summary: The Managing Director – NIC Life will serve

as the principal strategy and business development executive of the company and

will have ultimate P&L responsibility. S/he will be responsible for

developing, implementing and managing short, medium and long-term strategies

that will ensure the continued growth and profitability of the company.


Key Duties and

Responsibilities: 

  • Lead

    the formulation of the company’s strategies and ensure implementation.

  • Serve

    as a key brand icon for the company, creating a niche for it in the

    insurance sector and consistently reinforcing and promoting the corporate

    brand value and identity.

  • Champion

    the overall business development efforts (including deal sourcing and

    origination) to ensure the realization of the company’s growth aspirations

  • Develop

    and maintain relationships with key stakeholders and lead the development

    of relevant strategic alliances.

  • Manage

    the assets, liabilities and human capital of the Company.

  • Take

    lead in the development of annual operating plans including business

    plans, operational requirements, staffing and budgets to ensure business

    continuity.

  • Take

    full ownership of the company’s financial performance and provide periodic

    update on it to the Board.

  • Lead

    the design of the strategic plan, business plan and other relevant

    documents

  • Periodically,

    generate progress reports indicating extent of achievement of targets.

  • Ensure

    the company complies with the regulatory requirements


Qualifications, Skills and

Experience: 

  • The

    ideal candidate should hold a first degree in the field of Management,

    Economics, Insurance, Law, Finance or related discipline, from a reputable

    University. Possession of an MBA or any other higher degree will be an added

    advantage.

  • Professional

    qualification(s) in Insurance (e.g. ACII), Actuarial Sciences or equivalent

    is an essential criterion for this position.

  • At

    least fifteen years of post-qualification experience including five years’

    cognate experience at senior management level in an insurance firm /

    enterprise.

  • Excellent

    relationship management and strategic networking skills in the context of

    insurance business,

  • Detailed

    working knowledge of regional and global trends in the insurance industry

    as well as an understanding of the key macroeconomic drivers is an added

    advantage

  • Excellent

    communication and interpersonal skills,

  • Excellent

    leadership, negotiation, marketing, planning and organization skills.

  • Proficiency

    in English language as the official language spoken in Uganda. Ability to

    speak any of the other languages spoken in the region (such as French, Kinyarwanda,

    Swahili or Luganda) in addition to English language is an added advantage.

    .

  • Demonstrates

    cooperation and tact when dealing with others

  • Demonstrates

    efficiency in the use of time and talent in order to achieve targets

  • Encourages

    innovation, creativity and flexibility in supervisees

  • Willingly

    adjusts to new situations and learns new material quickly

  • Perseveres

    with good spirit under pressure

  • Modifies

    behavioral style and management approach to reach goals

  • Demonstrates

    ability to effectively present ideas or tasks to an individual or a team.

  • Result-oriented


All suitably qualified

candidates should send their applications accompanied with a detailed

Curriculum Vitae (CV), photocopies of academic documents and certificates, not

later than addressed to: Head Human Resource, National Insurance Corporation

Ltd., P.O. Box 7134, Kampala. Uganda.


E-mail to: vacancy@nic.co.ug and copy

akomujuni@nic.co.ug


Deadline: 30th June, 2015 by

5:00 pm




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