Location: Birmingham
Job Type: Permanent
Package: £60,000 – £70,000 per annum
- Branded company car
- Paid annual leave
- Performance‑related bonuses
The Role
Do you like creating winning business strategies and executing them flawlessly? Do you have a strong and successful record of leading and transforming organisations? If so, we want to hear from you!
We are looking for a candidate who is well‑versed in pure protection insurance dynamics in African communities, both in their home countries and, more importantly, migrant communities, especially resident in developed countries/regions like the UK, EU, USA, Canada, and Australia. The candidate will be responsible for the overall strategic direction, operational management, and financial performance of the organisation, reporting to the Group Executive Chair and Board of Directors. The position would be ideal for someone who has worked as a senior executive for insurance companies in several African markets.
Key Responsibilities
- Strategic Leadership: Develop and implement long‑term strategies, vision, goals and policies for the company.
- Operational Management: Oversee day‑to‑day operations, ensuring efficiency, effectiveness, and alignment with strategic goals.
- Financial Oversight: Collaborate with the CFO to manage financial plans, budgets, and forecasts, and monitor financial performance.
- Stakeholder Engagement: Serve as the primary spokesperson, building relationships with shareholders, investors, clients, and regulatory bodies.
- Leadership and Culture: Lead the company’s culture, fostering a positive and high‑performing work environment.
- Compliance: Ensure the company’s operations comply with legal and regulatory requirements.
- Risk Management: Oversee the implementation and monitoring of risk management and compliance programs.
- Innovation and Growth: Drive innovation and expansion into new markets such as the EU, Australia, USA, Canada, entry into Francophone countries, and introduction of new product lines.
The Company
Destiny Finance Ltd t/a Diaspora Insurance is a UK‑based insurance company that specialises in the design, marketing, and distribution of insurance products and risk‑management solutions to African nationals living and working in developed markets such as the UK, EU, North America, and Canada. You will be joining and leading a dynamic and ambitious firm dedicated to making a significant impact on the African diasporas in terms of insurance.
Specific Responsibilities
- Understanding Insurance Products and Markets: Possess a strong understanding of various insurance products, the insurance industry, and relevant markets.
- Claims Management: Oversee the claims management process and ensure efficient and effective handling of claims.
- Policy Interpretation and Analysis: Be able to interpret and analyze insurance policies.
- Risk and Insurance Advice: Provide expert advice on risk management and insurance strategies.
- Financial Awareness and Application: Understand and apply financial principles to insurance operations.
- Regulatory Compliance: Ensure compliance with insurance regulations and guidelines.
- Industry Relations: Maintain strong relationships with key players in the insurance industry.
Ideal Candidate: Skills, Qualifications & Experience
- Leadership and Management: Strong leadership, communication, and interpersonal skills are essential.
- Strategic Thinking: The ability to develop and implement long‑term strategies is crucial.
- Financial Acumen: A strong understanding of financial principles and practices is necessary.
- Industry Knowledge: Deep knowledge of the insurance industry, products, and regulations is required.
- Risk Management: Ability to identify, assess, and mitigate risks effectively.
- Communication and Presentation: Strong communication and presentation skills for engaging with stakeholders.
- Decision‑Making: Ability to make sound and timely decisions under pressure.
- Problem‑Solving: Strong problem‑solving skills for addressing challenges and issues.
- Relevant Degree and other professional qualification.
- Minimum of 3 years’ experience at the Executive Director or CEO level.
- Experience in several African insurance markets is critical.
- Experience in specialist insurance products focused on African expatriates or migrants.
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