Managing Director

JOB PURPOSE

The job holder shall be responsible for the overall strategic direction, policy implementation and overall performance of ZSIC General Insurance Limited within the guidelines provided by the Board of Directors.

MAIN DUTIES AND RESPONSIBILITIES

• As guided by the Board, lead the organization to develop strategic plans including articulating the vision of organisation and overall strategic direction given the expectations of the policyholders and shareholders.

• Lead, direct and control the company’s operations in line with its mission and strategic goals.

• Create and maintain a cohesive and motivated workforce for the achievement of the Company’s strategic objectives.

• Prepare timely, concise, relevant and orderly reports presented in formats which enable Directors understand issues and contribute fully to the progress of the business.

• Ensure all business activities and plans comply with approved Company policies and legislative requirements.

• Ensure the development of and maintenance of efficient budgetary and financial management

structures.

• Ensure the development and maintenance of sound investment, underwriting, reserve and accounting policies and practices in line with Board requirements.

• Efficiently and effectively manage stakeholder’s i.e. Government, IDC, clients, members of staff, agents, brokers, regulatory authorities, the public and suppliers.

• Exercise the powers and duties generally exercised by a Managing Director as shall be directed and/or delegated to the job holder by the Board.

KEY COMPETENCIES

• Must possess strong leadership skills to inspire and motivate employees, set a clear vision for the company, and guide the organization through periods of change and uncertainty.

• The ideal candidate should have a strategic mindset to identify market opportunities, anticipate industry trends, and develop long-term plans to achieve the company’s goals.

• Must be able to make tough decisions quickly and effectively, weighing risks and benefits while considering the long-term implications for the organization.

• Should be an effective communicator who can articulate the company’s vision, values, and objectives to employees, shareholders, customers, and other stakeholders.

• Should have a strong understanding of financial principles and metrics to drive revenue growth, manage expenses, and maximize profitability.

• Must be adept at identifying and solving complex problems that arise in the course of running a business, whether they’re related to operations, finances, or personnel.

• Flexible and adaptable in the face of changing market conditions, technological advancements, and competitive pressures.

• Should have high emotional intelligence to effectively manage relationships, resolve conflicts, and inspire trust and confidence among employees and stakeholders.

• Should foster a culture of innovation within the organization, encouraging creativity and experimentation to drive growth and competitive advantage.

• Must demonstrate integrity, honesty, and ethical behavior in all aspects of their leadership, serving as role model for employees and upholding the company’s reputation and values.

• Should actively engage with industry peers, government officials, investors, and other stakeholders to build relationships, gather market intelligence, and identify opportunities for collaboration or partnership.

QUALIFICATIONS/REQUIREMENTS

• Full Grade 12 Certificate or equivalent

• Bachelor’s Degree in Insurance or Finance or any Business-related discipline

• Minimum Associate of the Chartered Insurance Institute

• Masters of Business Administration or its equivalent

• Minimum 10 years’ experience in insurance core business at senior management level

APPLICATION PROCESS

For all. interested candidates, please apply by sending your application letter together with certified copies of your academic certificates to;

The Board Chairperson

ZSIC General Insurance Limited

Premium House

Independence Avenue

P.O.BOX 30894

LUSAKA

Or send soft copies to the email below;

jobs@zsicgi.co.zm

The deadline for applications is Monday 1st April 2024 at 17:00 hours.

Kindly note that those who applied earlier need not apply, and only shortlisted candidates will be contacted.