Chief Executive Officer

Chief Executive Officer

Birmingham Full-Time 60000 - 70000 £ / year (est.) No home office possible
D

At a Glance

  • Tasks: Lead and transform the insurance company with strategic vision and operational management.
  • Company: Join Destiny Finance Ltd, a dynamic UK-based insurance firm focused on African diasporas.
  • Benefits: Enjoy a competitive salary, branded company car, paid leave, and performance bonuses.
  • Why this job: Make a significant impact in the insurance sector while driving innovation and growth.
  • Qualifications: Must have 3+ years as an Executive Director or CEO in African insurance markets.
  • Other info: Ideal for those passionate about supporting migrant communities and enhancing insurance solutions.

The predicted salary is between 60000 - 70000 £ per year.

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, then 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 like the EU, Australia, USA and 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 specializes 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 analyse 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

If you are keen on joining this exciting, forward-thinking company and taking the next step in your career, then please email us your CV.

Email: admin@diasporainsurance.com

Chief Executive Officer employer: Diaspora Insurance

Destiny Finance Ltd t/a Diaspora Insurance is an exceptional employer located in Birmingham, offering a dynamic work environment that fosters innovation and growth. With a strong focus on employee development, competitive benefits including a branded company car, performance-related bonuses, and paid annual leave, we are dedicated to creating a positive workplace culture that empowers our team to make a meaningful impact on the African diaspora community. Join us to lead transformative strategies in the insurance sector while enjoying the unique advantages of working in a vibrant city.
D

Contact Detail:

Diaspora Insurance Recruiting Team

admin@diasporainsurance.com

StudySmarter Expert Advice 🤫

We think this is how you could land Chief Executive Officer

✨Tip Number 1

Network with professionals in the insurance industry, especially those with experience in African markets. Attend industry events or webinars to connect with potential colleagues and stakeholders who can provide insights into the role and company.

✨Tip Number 2

Research Destiny Finance Ltd t/a Diaspora Insurance thoroughly. Understand their mission, values, and recent developments in the company. This knowledge will help you tailor your conversations and demonstrate your genuine interest during interviews.

✨Tip Number 3

Prepare to discuss your previous leadership experiences in detail, particularly those related to strategic planning and operational management in the insurance sector. Be ready to share specific examples of how you've driven growth and innovation in past roles.

✨Tip Number 4

Familiarise yourself with the regulatory landscape affecting insurance in the UK and other developed markets. Being knowledgeable about compliance issues will position you as a strong candidate who understands the complexities of the industry.

We think you need these skills to ace Chief Executive Officer

Strategic Leadership
Operational Management
Financial Oversight
Stakeholder Engagement
Leadership and Culture
Compliance
Risk Management
Innovation and Growth
Understanding Insurance Products and Markets
Claims Management
Policy Interpretation and Analysis
Risk and Insurance Advice
Financial Awareness and Application
Regulatory Compliance
Industry Relations
Strong Communication Skills
Interpersonal Skills
Decision-Making
Problem-Solving
Experience in African Insurance Markets

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your leadership experience and specific achievements in the insurance industry, particularly in African markets. Use metrics to demonstrate your impact.

Craft a Compelling Cover Letter: Write a cover letter that outlines your vision for the role and how your background aligns with the company's goals. Emphasise your understanding of the insurance dynamics in migrant communities.

Showcase Relevant Experience: In your application, detail your experience at the executive level, especially any roles that involved strategic leadership and operational management in the insurance sector.

Highlight Financial Acumen: Demonstrate your financial oversight capabilities by discussing your experience with budgets, forecasts, and financial performance monitoring in previous roles.

How to prepare for a job interview at Diaspora Insurance

✨Showcase Your Strategic Vision

As a CEO, your ability to develop and implement long-term strategies is crucial. Be prepared to discuss your past experiences in creating successful business strategies and how you executed them effectively.

✨Demonstrate Financial Acumen

Since financial oversight is a key responsibility, ensure you can articulate your understanding of financial principles. Discuss how you've managed budgets and forecasts in previous roles, particularly in the insurance sector.

✨Highlight Stakeholder Engagement Skills

You'll need to build relationships with various stakeholders. Prepare examples of how you've successfully engaged with shareholders, clients, and regulatory bodies in the past, showcasing your communication and interpersonal skills.

✨Emphasise Industry Knowledge

Deep knowledge of the insurance industry, especially regarding African markets, is essential. Be ready to discuss current trends, challenges, and opportunities within the insurance landscape that are relevant to the role.

D
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>