Job Listing

The company is committed to accelerating the growth of its businesses in Cambodia and the role holder plays a key part in building strong relationships with leaders, partners, shareholders .

PURPOSE OF THE ROLE
The CEO has overall responsibility for the establishment and management of the Company’s business and its profitable operation in accordance with policies and objectives set by the Board of Directors and will be accountable for the achievement of financial and non-financial objectives agreed annually by the Board of Directors and contained in the Company Business Plan.

Main Tasks and Responsibilities
Role:
- The CEO will be responsible for the day-to-day affairs and business of the Company and will operate within the sanctioned budget provisions and plans. He/ she will have the authority (as delegated by the Board of Directors and in accordance with Group standards) to enter into contracts, agreements and engage in activities usually necessary or desirable for the effective establishment, administration, operation and management of the affairs of the Company.
- The CEO takes full responsibility for the effective functioning of the Company in accordance with the norms and authorities set out by the Board of Directors.

Main Priorities:
Strategic: Subject to the overall supervision and direction of the Shareholders / Board:
- Oversee development and monitoring of the company’s annual business plans, key performance indicators, sales targets and expense budgets;
- Manage the budget and P&L for the company;
- Develop and lead the delivery of the strategy for growth in the region that will enable the company to meet or exceed its quarterly and annual targets, including but not limited to Value of New Business (VNB), Operating Profit, etc.;
- Develop strong multi-distribution channels to build and enhance distribution capabilities with a strong focus on both intermediated and direct/digital partnerships;
- Recommend strategic and tactical plans to the Board of Directors to achieve the targets set for the company and implement such plans;
- Ensure consistent alignment of the company’s strategies, operating models, culture, branding with Group’s;
- Build excellent relationships with customers, key partners, regulators and industry communities in Cambodia.

Operational: Lead the overall management and operation of the Company – including, but not limited to:
- Agreeing the Company’s Initial Business Plan, Annual Business Plans, Key Performance Indicators, Sales Targets, and Expense Budgets with the Shareholders; and achieving the KPIs and Sales Targets while operating within the approved Budgets;
- Developing an appropriate range of life insurance products;
- Developing distribution systems and programs, together with the selection, recruitment, training and supervision of the Company’s distributors;
- Framing the underwriting policies, reinsurance policies, claim settlement policies and other necessary business functions of the Company;
- Developing and maintaining the appropriate accounting and financial controls systems;
- Supervising marketing and business development activities as well as other services contracts as the case may be;
- Development and maintaining the policy issue/service procedures;
- Directing and assisting the recruitment and training of professional management staff;
- Selection of hardware and software applications and other forms of technology suitable for a life company;
- Establishing the investment policy, procedure, and solutions for investment portfolio management for the Company;
- Cooperating with bank distribution partner(s) in the marketing and sales of the Company’s insurance products, and in customer service and administration;
- Ensuring the sustainable development of agency channel;
- Ensuring there is a strong risk management focus in all the activities and adherence to relevant statutory regulation and a robust internal audit processes is in place;
- Managing personnel in the business with diverse skill sets and varying professional/ educational backgrounds;
- Responsible for recommending to the Board key financial objectives and ensure the achievement of the business growth within agreed capital deployment plan. Personal Qualifications, Competencies and Experience

Requirements
Qualifications:
- International caliber business management graduate
- Fellow of a recognized Insurance Institute or Chartered Insurer
Skills/ Knowledge:
- Ability to facilitate identification of a shared vision and drive its subsequent translation into strategic business goals and initiatives
- In-depth knowledge and understanding of the Global insurance market and key dimensions of the life insurance businesses such as capital deployment, product design, profitability of various products and distribution channels, new business strain, impact of business mix and volumes on key financial indicators and embedded value
- Ability to correctly forecast industry trends in a complex and fast - evolving business environment in the absence of proven data and market information which typifies a developing economy such as Cambodia
- Professional mastery of the business nuances and market dynamics of the Cambodia insurance and financial services sector so as to successfully 'set up’ and grow the business in a relatively short time frame amongst fierce competition
- Advanced expertise in functional areas including, in particular, Bancassurance sales, as well as agency sales, product development, marketing, financial planning, investment/ fund management, operational excellence/ customer relationship management, technology initiatives and human resources management
- Maturity and ability to spot talent and nurture leadership capabilities of senior level executives who are responsible to drive key business mandates
- Expertise in handling high level business negotiations and maintaining diplomatic relationships with people at critical positions across the government and industry landscape
- Excellent communication and public speaking capabilities. Proven ability in successfully leading and driving meetings and presentations
- Excellent English language skills.
Experience:
- 20 years of experience with at least 5 years in leading a business/ organization with certain scale
- Proven experience of operating at the strategic level and successfully launching and developing life insurance businesses
- Experience of leading a professional and multi-cultural team - preferably in Asia, and in a non-English speaking environment and developing market.