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  • Posted: Nov 18, 2019
    Deadline: Nov 22, 2019
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    Directline Assurance Company Limited was licensed in October 2005 and commenced operations in November 2005 The Company is the first Kenyan niche underwriter focusing solely on motor vehicle insurance. The Company has grown to be the largest PSV underwriter in Kenya with a market share of approximately 60% at the end of the year 2015. It is one of the larges...
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    Corporate Strategy Manager

    Overall Purpose of the Job: The Corporate Strategy Manager will be responsible for facilitating cross-functional team collaborations as well as to support the executive leadership and stakeholders within the business in developing business strategies, inclusive of long-term goals and objectives, key risk management, and driving new business and project initiatives.

    Key Roles and Responsibilities

    1. Strategy and Development

    • Provide leadership in the development of strategy/business plan processes and drive the execution with senior management
    • Work closely with senior management to proactively provide business insights and recommendations
    • Research for possible growth opportunities within the market
    • Monitor and evaluate the performance of various projects/tenders, including financial analysis and product performance
    • Carry out market intelligence to ensure the company is in tandem with industry trends and incorporate best practice in its operations
    • Support departmental heads in ensuring a turn-around time in delivery of their respective mandate.

    2. Business Manager to PO/CEO Office

    • Provide proactive executive support to the PO/CEO in day to day activities and facilitate effective management and leadership of the business
    • Oversee the implementation and execution of agreed strategic and operational tasks given to senior managers to ensure implementation as discussed during the Board presentations and EXCO presentations.
    • Prepare papers and packs for a range of meetings, operating to the highest standards of confidentiality, discretion and diplomacy

    3. Business Planning and Investments

    • Manage the Company’s investment portfolio and aim to maximize on possible returns as well as ensure compliance with the IRA Regulations.
    • Provide leadership in the development of new business lines or projects with the intention to diversify the company from the insurance business and provide new sources of revenue.
    • Provide end to end management of new strategic projects, Data Monetization project
    • Create a detailed work plan which identifies and sequences the activities needed to successfully complete the business plan
    • Review and revise the schedule with senior management and all other involved parties
    • Determine the objectives and measures upon which the business plan will be evaluated at its completion
    • Monitor the progress and make adjustments as necessary to ensure the successful completion
    • Establish a communication schedule to update stakeholders on the progress.
    • Effectively provide end-to-end responsibility for any project/ investment tasks in coordination with all process stakeholders and ensure delivery on time.

    Person Specifications

    Academic Qualifications

    • Bachelor’s degree in Finance or Economics from a reputable institution
    • Master’s degree in a business related subject

    Professional Qualifications

    • Professional certifications such as CFA or CPA is not required but a plus

    Experience

    • MUST have at least five (5) years’ relevant experience in a busy organization, three (3) of which must be at senior management level.
    • Experience working in an insurance company will be an added advantage
    • Excellent knowledge and understanding of contemporary corporate strategy principles and practices
    • Business/Department strategy formulation and execution
    • Supervisory and leadership skills

    Skills and Attributes

    • High attention to detail and strong analytical skills
    • The ability to create sound financial models
    • Client management skills
    • Effective communication, negotiation and presentation skills
    • High integrity and ethical level; Able to maintain utmost confidentiality of information in their possession
    • Self-motivated, confident and outgoing personality
    • Interpersonal Effectiveness & Ability to influence.
    • Result oriented and Problem-Solving skills

    Method of Application

    If you qualify for the above advertised role, kindly send us a detailed CV and Application Letter clearly demonstrating your fit as per the roles & responsibilities and the person specifications (academic/professional qualifications, experience, skills & attributes) listed above.

    Applications that do not conform to the Application Instructions will not be considered.

    Kindly send your application documents to human.resource@directline.co.ke to reach us on or before 5.00pm Friday, 22nd November 2019.

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