WAICA Re is looking for a Deputy Chief Executive Officer

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Deputy Chief Executive Officer

Post Date:November 6, 2021
Views 965

0 Applications

Career Level Officer
Qualification Degree
Experience 10-15 Years
Industry Business

Job Description

Introduction of the Corporation

WAICA Re is one of the fastest growing reinsurance companies in Africa. WAICA Re is headquartered in Freetown (Sierra Leone) and operates through four (4) Regional Offices across Africa namely Lagos (Nigeria), Accra (Ghana), Abidjan (Cote d’Ivoire) and Tunis (Tunisia). It also has four (4) Subsidiaries Companies namely, WAICA Re Zimbabwe Limited in Harare (Zimbabwe), WAICA Re Kenya in Nairobi (Kenya) and an investment company namely WAICA Re Capital, Accra (Ghana) and WAICA Re (United Kingdom). WAICA Re is rated by A.M. Best with a Financial Strength Rating of B+ and a Long term Issuer Credit rating of “bbb-” with a stable outlook. WAICA Re announces the vacancy of the position of Deputy Chief Executive Officer, WAICA Re Zimbabwe to be based at Zimbabwe Subsidiary Offices in Harare. The role is open to Zimbabwean citizens only.

Job purpose

The Deputy Chief Executive Officer role works hand in hand with the Chief Executive Officer and is responsible for the full formulation and execution of the subsidiary’s strategy which is aligned to Group Corporate Strategy, to enhance and ensure attainment of shareholder’s value.

The subsidiary is responsible for provision of service to the Southern Africa and Indian Ocean Islands Markets. The role is an Executive role reporting to the Chief Executive Officer

Job duties and responsibilities

Operational

Ensures compliance with all relevant legislation and regulatory requirements through developing and sustaining sound Corporate Governance Structures.
Engages constructively and builds strong relations with the relevant Stakeholders and partners in the insurance and reinsurance industry and acting in the best interest of the organization whilst creating a competitive advantage for the Subsidiary.
Conducts business in adherence to policy and engage in profitable reinsurance

Financial

Ensure attainment of the Subsidiary’s set financial KPIs such as gross written premium, underwriting profit, net profit, combined ratio and return on equity
Ensures the development of budgets and required resources to support the operating plan for the approved Strategy.
Recommends Investment activities as guided by the Group Policies.

Candidate Profile

Experience

Candidates should have at least 10-15 years post qualification experience with atleast 10 years ina Managerial role.
Experience of the global insurance industry including Southern Africa would be an added advantage. Competencies
A strategic thinker with exceptional insurance literacy.
Strong communication, marketing and negotiation skills.
Exceptional interpersonal and networking skills with a variety of stakeholders.
Goal oriented and Innovative with strong leadership and organizational skills.
Cross cultural and cross functional skills and a team player.

Application Procedure

Interested Candidates for this role shall be required send an Application letter and a CV to: [email protected]

Closing date for applications :08 November 2021

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