Managing Execurive : Imas Insurance Brokers

iMasFinance; Centurion; On-site; ZAR 1,000,000 - 1,500,000; Full time

Job summary

A financial services cooperative is looking for a Managing Executive for its Insurance Broking business in Centurion, Gauteng. This role involves strategic direction, compliance management, and leadership within the insurance sector. The ideal candidate should have over 10 years of insurance experience, with at least 5 years in an executive position. This position also requires strong financial, analytical, and leadership skills, along with essential qualifications like an Honours Degree in Business Management.

Qualifications

• Honours Degree in Business Management or Financial Management is essential.
• Master’s Degree in Finance, Business Administration / MBA is recommended.
• Valid driving licence is essential.

Responsibilities

• Drive corporate governance and ensure compliance with all relevant legislation.
• Lead strategic direction for insurance business and formulate business strategies.
• Manage annual budgets and targets in alignment with growth objectives.

Skills

Leadership skills

Financial acumen

Communication skills

Risk management

Strategic thinking

Analytical skills

Education

Honours Degree in Business Management or Financial Management

Master’s Degree in Finance, Business Administration, or Direct Marketing

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Overview

Job title: Managing Executive: iMas Insurance Brokers

Job Location: Gauteng, Centurion

About this position

iMasFinance, a financial services Cooperative, is looking for a Managing Executive for its Insurance Broking business. This position reports to the Group Chief Executive Officer (GCEO) and is responsible for the strategic direction and execution, as well as operational and financial performance of the iMasFinance Group’s Insurance Business (life insurance and short-term insurance), by developing and executing on current and long-term business strategies.

The successful candidate will be an innovative, dynamic and energetic self-starter with seasoned experience on executive level in the insurance brokerage business and management of Insurance product providers.

Responsibilities

• Strategic Direction – Strategic direction and positioning of the iMas insurance business; formulate and implement business strategy, human relations strategy, business plan and strategic objectives; review and optimize strategy regularly, assess future business needs through sustainability forecast to ensure currency and appropriateness and take corrective action where needed; selection and management of business associates; identification and participation in new ventures; divisional and corporate business plans and budgets compilation and management thereof, contributing towards the execution of corporate plans; regular reporting to the GCEO and Exco, as well as the iMas Insurance Brokers Board regarding performance against the strategy.
• Compliance and Governance – Driving the overall corporate governance framework; ensure and drive adherence to corporate governance and principles including codes of conduct (King IV), legislation, statutory requirements, policies and procedures to ensure compliance at all times; maintain ongoing dialogue with Exco; support operations of Exco by advising and informing executives and acting as interface between Exco and management; ensure compliance with all relevant Acts and regulations.
• Leadership – Visionary leadership, providing direction and strategic leadership to employees, ensuring execution of the company vision and strategic objectives and achievement of expected results.
• Financial and Operational Performance – Responsible for the sustainable financial growth and management of the company; drive the creation of sustainable wealth to ensure achievement of strategic targets through sound financial and business practices; initiate, lead, authorize and drive initiatives aimed at optimizing operations; drive and control the strategic and operational budgets, goals and standards; compile and manage annual budgets and targets for Group approval in alignment with growth objectives.
• Risk Management – Proactively identify and lead assessment of critical organizational risks and implement remedial action where necessary; provide early notification of significant changes to Exco; ensure that formal risk management processes are approved and implemented.
• People Management – Create a high-performance culture; be an inspirational leader; manage Senior Management’s and other management team members’ performance; ensure implementation of equitable HR practices, including the EE plans.
• Qualifications – An Honours Degree in Business Management or Financial Management is essential; a Master’s Degree in Finance, Business Administration / MBA or Direct Marketing is recommended; registration as a Key Individual is recommended; CIMA, CITA, IISA, SAIA or SAICA registration will be an advantage; a valid driving licence is essential.
• Experience – Minimum of 10 years of experience in insurance (preferably in a broking environment) is essential, of which at least 5 years must be on executive management level.
• Knowledge and Skills – Functional / Technical: industry and competitor knowledge, knowledge of corporate governance and relevant legislation impacting on business, corporate financial knowledge, knowledge of compliance and regulatory requirements in SA's financial services and insurance landscape, networking and influencing skills, advanced business acumen, good communication and interpersonal skills, critical relationship-building, problem-solving and decision-making skills, analytical skills and conceptual thinking; Managerial / Supervisory: cross-boundary thinking, strategic thinking, knowledge of strategic management, business management and people management, contracting and negotiating, ability to re-engineer operations and procedures, ability to develop financial plans and manage resources, identify unique new business opportunities and improve revenue lines; Leadership: strategic, visionary, leadership competencies and entrepreneurial skills; Computer Literacy: advanced skills in Microsoft Excel, Word and PowerPoint.

Qualifications

• An Honours Degree in Business Management or Financial Management is essential.
• A Master’s Degree in Finance, Business Administration / MBA or Direct Marketing is recommended.
• Registration as a Key Individual is recommended.
• CIMA, CITA, IISA, SAIA or SAICA registration will be an advantage.
• A valid driving licence is essential.

Experience

• Minimum of 10 years of experience in insurance (preferably in a broking environment) is essential, of which at least 5 years must be on executive management level.

Deadline

Deadline: 19th September, 2025

Insurance jobs