Regional Head of Property at Jubilee Insurance

Job Ref. No. JLIL125

Role Purpose

The job holder will be responsible for providing strategic leadership with respect to the investment in, management and oversight of properties. The role involves coordinating, in consultation with the Regional Management team and the Board, all property investment, development and divestment opportunities, as well as increasing value and maximising returns from existing group property assets, ensuring all assets are well managed at all times and in a state of operational excellence.

Main Responsibilities

• Identifying, assessing, advising, and leading, in consultation with the Regional Management team and the Board, all property investment, development and divestment opportunities in the geographical span of the group’s activities.
• Managing the group’s existing property portfolio for optimal return to the shareholders and policyholders of the Jubilee group by ensuring the portfolio properties consistently operate at high occupancy levels, through active marketing, tenant management, and other optimisation strategies as required.
• Coordinating effective and responsive business relationships with existing and prospective tenants either directly, or in liaison with third-party service providers.
• Overseeing ongoing property development and capex (including preventative maintenance and renovations) (in liaison with approved service providers or contractors) to maintain the properties in a state of operational excellence, provide tenants with all required amenities and services, maximise the investment income and valuation.
• Achieving timely rental collection, minimising arrears, and dealing with defaulters speedily and effectively (preferably amicably). Overseeing debt collection process (including through legal means) if required.
• Ensuring compliance with all regulatory and legal requirements of the group Companies, either as landlord or tenant, in consultation with the relevant government agencies and/or service providers.
• Leading the annual budgeting process for the Property teams in the group and ensuring that ongoing projects, strategic initiatives, and recurrent expenditures are presented for Board consideration in a justifiable and coherent manner.
• Coordinating the monthly, quarterly, annual, and ad hoc property reporting requirements of the group and other relevant stakeholders to enable a timely and accurate view of the status of each of the properties.
• Providing guidance on the management of risks associated with the property portfolio of the group and enabling appropriate risk reporting within the existing group structures.
• Steering the Property management teams of the group in recruitment, training, remunerating, and developing a staff contingent that embodies the values of the group, i.e., Integrity, Excellence, Passion and Teamwork.

Key Competencies

• Team Leadership
• Customer Focus
• Continuous Innovation
• Ownership & Commitment
• Stakeholder Management

Academic Qualifications

• Bachelor’s degree in Land Economics or in a related field.
• Master’s degree will be an added advantage

Relevant Experience

• Minimum of 10 years’ relevant experience or in a similar role of which at least should be at Management Level

Closing: 29h March 2023