Job PurposeThe Chief Executive Officer & Principal Officer (CEO & PO) is responsible for providing strategic, operational, and financial leadership to Directline Assurance, ensuring sustainable growth, profitability, and regulatory compliance. The role drives execution of the Company’s vision and strategy, while maintaining strong governance and delivering shareholder value in alignment with Board expectations.Key Responsibilities1. Strategic Leadership & Execution· Develop and implement the Company’s short and long-term strategy in alignment with Board direction· Translate strategy into clear operational plans and measurable outcomes· Drive business growth, market expansion, and product innovation2. Financial & Business Performance· Deliver profitable growth through sound underwriting and revenue diversification· Oversee budgeting, financial planning, and capital management· Optimize returns to shareholders through efficient operations and investment decisions3. Governance, Risk & Compliance· Ensure full compliance with regulatory requirements (IRA) and corporate governance standards· Strengthen risk management frameworks and internal controls· Provide timely and accurate performance reporting to the Board4. Leadership & Organizational Development· Build and lead a high-performing executive leadership team· Drive a culture of accountability, performance, and continuous improvement· Ensure succession planning and talent development across the organization5. Stakeholder & Corporate Affairs Management· Serve as the primary spokesperson for the Company· Build and maintain strong relationships with regulators, partners, and industry stakeholders· Promote a strong corporate brand and reputation6. Board Engagement & Support· Facilitate effective Board operations and decision-making· Provide strategic insights and support the Board in governance responsibilities· Ensure execution of Board resolutions and policiesKey Competencies (Expert Level)1. Strategic Thinking· Ability to formulate and execute long-term strategies aligned to market dynamics· Balances growth opportunities with risk management2. Visionary Leadership· Builds and communicates a compelling vision· Drives organizational transformation and change3. Financial & Commercial Acumen· Deep understanding of insurance business drivers (underwriting, claims, profitability)· Strong capability in financial analysis, capital management, and value creation4. Governance & Risk Management· Strong grasp of regulatory frameworks and corporate governance principles· Ensures robust risk identification, mitigation, and compliance5. Stakeholder Management & Influencing· Builds strategic relationships and influences diverse stakeholders (Board, regulators, partners)· Strong negotiation and communication skills6. Leadership & People Management· Leads, motivates, and develops high-performing teams· Drives a culture of accountability, collaboration, and results7. Execution Excellence· Strong ability to translate strategy into action and deliver measurable results· Makes timely, sound decisions in complex environmentsRequirementsQualifications & Experience· Bachelor’s degree in Finance, Insurance, Banking or related field· Master’s degree in a business-related field is an added advantage· Professional qualifications (ACII, AIIK, CPA, CFA, ACCA, Actuarial) preferred· Minimum 10 years’ senior management experience in insurance or banking· Membership to a recognized insurance professional body (AIIK or equivalent)Success Measures· Achievement of financial and growth targets· Strong governance and regulatory compliance record· Effective strategy execution and business transformation· High-performing leadership team and organizational culture
