Summary
Date Posted: Friday, November 15, 2019 , Base Salary: Not Disclosed

JOB DETAILS:

The UAP Old Mutual Group is an integrated Financial Service business comprising Faulu Microfinance Bank, UAP and Old Mutual. The Group, which is operational in East Africa services to more than 1.2 million customers across Kenya, Uganda, Tanzania, Awanda and South Sudan. The UAP Old Mutual Group now comprises of three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The acquisitions resulted in Old Mutual Kenya UAP Holdings and Faulu Microfinance Bank, forming one of the largest financial services groups with a growing footprint in East and Central Africa. UAP and Old Mutual have been major players in the financial services market in East Africa for decades. The two entities have vast experience in Insurance, Investment, Asset Management and Banking, and are passionate about helping our. customers achieve their financial goals...,
UAPOM Life Assurance Uganda is part of the Old Mutual group of companies and is a leading Life Assurance company in the · Uganda. UAP Life Assurance is regulated by the Insurance Regulatory Authority of Uganda.
UAPOM Life Assurance is seeking to recruit a dynamic, innovative and competent Managing Director to lead the company, grow the business and remain highly competitive in the market.
Job Purpose
Responsible to the Board of Directors for overseeing all the strategic, operational and financial performance of the company through visionary leadership and effective management of the executive team. .

Key Responsibilities/Duties/Tasks
• Providing strategic leadership to the company to deliver on Its mandate as stipulated in the Company's strategy
• Leading and overseeing formulation, implementation and review of the Strategic Plan, business plan, procurement plan and annual work plan of the company and reporting to the Board
• Ensuring continuous achievement of the Company's financial and operating goals and objectives while ensuring continuous improvement in the quality and value of services
• Provides general oversight of all activities of the company and manage the day-to-day operations for a smoothly functioning and efficient organization
• Assure program quality and organizational stability through development and implementation of standards and controls, systems and procedures, and regular evaluation
• Set and monitor operations budget
• Ensure compliance of the underwriting policies in line with the company's strategic risk management framework
• Oversee the underwriting, claims, product development, customers service and premium processing functions with the objective of enhancing operational efficiency
• Develop a robust Reinsurance program
• Ensure compliance of the operating guidelines in line with the company policy and regulatory requirements
• Ensure appropriate staffing levels, effective performance management and motivations staff
• Assure a work environment that recruits, retains and supports quality staff and ensures an effective process for selecting, developing, motivating, and evaluating staff
• Developing and strengthening networks and partnerships with agencies, the private sector and development partners for good business relationships.
• Promoting the company's image and developing a good working relationship with all stakeholders and partners

Job Skills:
• Strong negotiation and reporting skills
• Strong presentation skills
• Good mentorship and coaching skills
• Report and speech writing skills
• Good analytical, investigative and inspection skills
• Knowledge of Strategic management, project planning and budgeting resource management, implementation as well as monitoring and evaluation
• Leadership and supervision skills
• Strong organization and interpersonal skills
• Ethical and integrity.

Job Qualifications:
• Considerable knowledge, competence and at least ten (10) years' experience in a managerial capacity in insurance, accounting, finance, actuarial science or banking.
• Masters or Post graduate degree in insurance, audit, accounting, finance, actuarial science, business studies or banking.

Job Education Requirements: (10) years

Job Experience Requirements: Masters or Post graduate degree in insurance

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Job application procedure
All applications should be addressed to The Head - Human Capital at UAP Old Mutual Life Assurance Uganda. Interested applicants should send in their resume, copies of certified academic certificates and transcripts, three letters of references and a motivation letter to http://careers.yapoldmutual.com/index.php  NOT later than 28th November 2019.

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