Strategy & Sustainability Manager at Old Mutual Insurance Rwanda: (Deadline 8 April 2025)

Strategy & Sustainability Manager at Old Mutual Insurance Rwanda: (Deadline 8 April 2025)

Old Mutual Limited (OML) is a Pan-African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 13 African countries and boasts a rich heritage of 175 years. The primary listing of Old Mutual Limited, which comprises the East Africa business – UAP Old Mutual Group, on the Johannesburg Stock Exchange is a milestone the business attained in June 2018, with Secondary listings in Zimbabwe, Namibia & Malawi.

The UAP Old Mutual Group comprises three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The Group is one of the largest financial services groups with a growing footprint in East and Central Africa. It currently operates in Kenya, Uganda, Tanzania, South Sudan and Rwanda. UAP Old Mutual offers customers a comprehensive and enhanced range of financial services which include Investment, Insurance, Savings and Banking, as well as a wider and more accessible distribution network. The Group also offers broad career growth prospects for employees. It therefore wishes to fill the below vacant position with a qualified, experienced and talented individual to strengthen its portfolio as a Pan – African Financial Services Group. The position’s details are outlined below:

Job Summary

The role will be responsible for leading strategic planning and execution, leading company’s sustainability initiatives and all reporting of a strategic and monitoring nature for the Rwanda Short-Term Business.

Key tasks and responsibilities

1.Lead Strategic Planning:

• Lead the strategic planning and review process and support Functional Units plans and goal alignment with support functions.
• Guide the Strategic planning process by leading in the development of models, frameworks, and templates.
• Prepare the strategic plans for engagements with Boards, Staff, and the Center.
• Provides input in preparing and managing the forecasting process (12 months rolling) to ensure appropriate targets are set, periodically reviewed and all parameters considered.
• Lead the process of creatively cascading, communicating, and internalizing the strategy across the organization and to key external implementation partners for buy in
• Foster excellent functional and cross business collaboration (Rest of BUs, SDU and Group corporate office) to support achievement of short-term business ambition.

2. Strategic Implementation tracking and Enterprise performance management

1. Maintain a single source of organization, departmental and business unit performance data on an on-going basis as part of enterprise performance management.
2. Prepare monthly strategic implementation reports and keeps Senior Managers informed of project direction as necessary.
3. Quantify the impact of business initiatives by utilizing data gathering tools, extracting data for analysis and interpretation, preparing reports synthesizing analytical results and outlining business cases to appropriate levels of management.
4. Lead the preparation of the company and departmental scorecards annually as part of the Business Planning Process with quarterly appraising.
5. Highlight any material risks to the implementation of the same and escalates to the relevant parties for corrective action.

3. Champion Strategic Execution

1. Lead the development of relevant execution approaches and strategies to ensure high level buy-in from senior management, commitment from OMGIK staff and follow-through on strategic commitments made.
2. Provide ad-hoc strategic review and support issues areas for the business with strategic, operational, and tactical interventions/ cause correct recommendations.
3. Coordinate workstreams and taskforces driving key priority areas execution and support through deep insights and reporting on milestones and next actions.
4. Lead transformation realization through competitive internal and external insights and ideas development and roll out. JOB DESCRIPTION
5. Public
6. Work with the GMs and Functional Managers to Conceptualize solutions – Innovating around required transformations, products, processes; desired outcomes/KPIs.
7. Champion comprehensive solution co-creation between Business Unit teams and technical teams for comprehensive testing of developed products/solutions.

4. Industry, Market and Business Intelligence Review:

1. Lead development of a comprehensive strategic view of the insurance industry strategic landscape, including consumer trends, competitive intelligence, products reviews, and emerging industry issues on a periodic basis.
2. Leveraging on data mining and business intelligence, identifies trends, patterns and opportunities in the current performance and collaborates with the team in review of periodic targets e.g., initiatives impact reviews and various performance metrics and customer behavior patterns.

5.Strategic Reporting:

• Prepares business reports on a monthly and quarterly basis focused on strategic priorities for consumption by senior management, the Centre, staff briefing and the Boards.
• Adopt Mission Leadership Tool for all engagements on strategic execution (EXCOs, Boards)
• Flag issue areas monthly to MD and accountable head for course correction
• Lead Quarterly Staff engagement and Communications on strategy implementation and business performance update.

6.Risk Management

• Lead the implementation of the Strategic and Business Risk Policy
• Monitor the departmental risk items and IBAM items for timely closure.
• Support reinforcement of risk culture
• Support the achievement of Full Compliance to all regulatory requirements

7.Sustainablity

• Develop and implement a comprehensive sustainability strategy aligned with company goals and industry best practices.
• Conduct sustainability assessments, identify area of improvement and set measurable targets.
• Collaborate with internal stakeholders across departments to integrate sustainability into al, business operations
• Stay abreast of emerging sustainability trends, regulations and best practices.
• Communicate sustainability initiatives and achievements to internal and external stakeholders.
• Manage and report on sustainability performance to senior and relevant stakeholders

Qualifications and experience

• University degree in Management, Mathematics, Actuarial Science or equivalent
• MBA is an added advantage
• Strong inter-personal skills and ability to work in a team-oriented and collaborative environment.
• 5+ Years progressive insurance industry experience
• 5+ Years of experience in data extraction, report formulation, interpretation, and analysis
• 5+ Years progressive management experience, including the ability to develop staff.
• Expert level of proficiency in Microsoft Office: Excel, Word, and Access

Skills and competencies

• Strategic thought Leadership
• Business Awareness
• Thinking Skills
• Decision Making
• Gaining Commitment
• Adaptability
• Information Monitoring
• Building Relationships

Please visit our careers page through: https://oldmutual.wd3.myworkdayjobs.com/en-US/Old_Mutual_Careers/details/Strategy—Sustainability-Manager_JR-65070?q=Strategy%20&%20Sustainability%20Manager

Interested candidate are requested submit their applications by 11.59 p.m. 08^th April 2025.

Applicants must possess or be in the process of applying for a POLICE CLEARANCE CERTIFICATE as at the time of making an application.

ONLY short-listed candidates will be contacted.

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