Chief Executive Officer
Position Summary Expectations - Duties, Responsibilities
Location: Head Office
- Collaborates with the board to define company’s strategic direction and formulate company business plan and strategy.
- Drive sales for both captive and non-captive businesses to achieve the set business plan.
- Oversees development and implementation of annual business plan and budget that support the strategic direction set by the Board; submits annual plans and budget to the Board for approval.
- Provides prompt, accurate and thorough information and presents quarterly and annual reports to the Board of Directors to keep them informed of the company’s performance.
- Develop micro-insurance products by conducting actuary study to determine premium charged to clients and benefits covered.
- Exercises overall supervision over the underwriting insurance policies and ensures that all underwriting transactions are in accordance with the policies of the Company, sound insurance practices and in accordance with the Government Insurance Regulations.
- Monitors, controls and evaluates the collections and remittance of premiums and other fees and the maintenance of accurate records of all underwriting transactions in the prescribed forms.
- Ensure proper setting up of MIS and accounting system for the company.
- Ensure that organization structure and manpower are adequate to operate the business.
- Ensure a strong set up of internal control and other support system for the company.
- Develop and revise adequate systems, controls, and strategies for effective operation management including: Operations policies, procedures, guideline and forms and other reporting and monitoring tools that are required for operation management purposes
- Monitor and evaluate the implementation of all aspects of the company including the administration of budget, human resources, and financial operation of the company towards financial viability.
- Ensure adequate monitoring of the levels of risk related to micro-insurance and ensure effectiveness and efficiency of operational risk management
- Ensure accurate recording of financial transactions, operation of management information system.
- Manages compliance with legal and regulatory requirements and directs the preparation of reports required by the law, regulators, and related parties.
- Provide leadership, direction and develop talent for the company.
- Ensure effective collaboration with key business partners for the best deployment of sales and distribution strategies.
- Serves as the Company Representative in professional, business, and community organizations to promote micro-insurance products and services, goodwill and new business.
- Performs any other duties as required by the board of directors.
- Advanced degree in Accounting, Banking/Finance, Business Management or related disciplines.
- At least five-year experience holding management position in insurance industry.
- Strong analytical and strategic thinking skill
- Proven track record of motivating and developing capable management teams.
- Good working knowledge of computer software.
- Strong written and oral communication skills in both English and Khmer.
- Excellent financial, analytical, organizational, and problem solving skills; and
- People but result oriented
