Chief Executive Officer FNB Life at FirstRand Bank India

Johannesburg, Gauteng, South Africa -

Full Time

Start Date

Immediate

Expiry Date

14 Jun, 26

Salary

0.0

Posted On

16 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Business Performance, Strategy Formulation, Shareholder Value, Budgetary Structures, Customer Centricity, Sales Strategies, Business Model Development, Corporate Governance, Compliance, Risk Management, Leadership, Employee Potential Maximization, Relationship Building, Executive Team Performance, Stakeholder Management

Industry

Banking

Description

Job Description FNB is currently recruiting for a CEO for FNB Life. The role is responsible to lead and deliver sustainable business performance and value to achieve our goal of being the top Life Insurer. The role holder will be required to align with FNB’s overall business model and strategy collaborating towards organisation wide strategy formulation and enabling integration, change and adoption. Define and deliver on the shareholder value proposition through leading the implementation of profitable business strategy Drive shareholder value through profitable and integrated frameworks, guidelines and optimisation plans Lead delivery of organisational budgetary structures aimed at driving sustainability and creating the context for future success Influence and provide direction that leads to the sustainability of a culture that builds positive relationships and encourages customer centricity. Define and develop integrated sales strategies for different customer segments Define and drive sales penetration strategies across applicable products, services, and customer segments Develop an organisational business model and strategy to future-proof the business Drive the development and implementation of integrated corporate governance, compliance, integrity and ethics frameworks throughout the business Ensure strategic design and adoption of integrated risk management, governance and compliance frameworks to create a risk management culture and position risk as an enabler in the organisation Demonstrate leadership by providing strategic direction, fostering high ethical standards in meeting franchise vision and goals, and design and implement strategies that maximise employee potential Encourage, establish and maintain strategic relationships across multiple functional areas to enable collaboration and knowledge sharing across functions Leads and directs the performance of the executive team Representation in various management committee, board, and board meetings in FirstRand. Qualification and Experience: Actuarial degree preferred. 10 years related experience in a similar environment, of which 5 to 7 years ideally at senior specialist and or executive level Long-term insurance experience and knowledge (advantageous) Solid experience in leading a large multi-faceted team, preferably in a financial services organisation. A minimum of seven years’ experience in a complex and heterogeneous environment, with tried and tested ability to manage and lead diverse, multidisciplinary and high-performance teams. Must meet fit and proper requirements as stipulated under the Long-Term Insurance Act. You are ideal for this role if you are energetic, self-motivated, driven to succeed, self-disciplined, customer service orientated and are able to execute well. You have the ability to influence and build relationships with the various stakeholders within the Group and have tolerance of ambiguity. You have a sound knowledge of the financial services and insurance industry. Important Closing Date Note Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 23/03/26 All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties. Introduce yourself to our recruiters and we will get in touch if there's a role that seems like a good match. Should you have any queries, please log it via MyQ. FirstRand provides a comprehensive range of financial services in South Africa and certain markets in broader Africa. The group also offers certain niche products and services in the UK and India. Listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), FirstRand Limited is the largest financial institution by market capitalisation in Africa. The group follows a multi-branding approach. Its portfolio of financial services businesses includes FNB, RMB, WesBank, Ashburton Investments, Aldermore, MotoNovo and DirectAxis. Many are leaders in their respective segments and markets, offering transactional, lending, investment and insurance products and services The FirstRand Corporate Centre houses many of the critical functions required by a large and complex financial services group. The group's track record of delivering superior returns to shareholders has been achieved through a combination of organic growth, acquisitions, innovation and the creation of completely new businesses. The group’s purpose of delivering Shared Prosperity provides many opportunities for employees to innovate to address social and environmental challenges in our markets. All of our businesses have successful Volunteering programmes which also allow employees to adopt and support causes close to their hearts.

Responsibilities

The Chief Executive Officer is responsible for leading and delivering sustainable business performance and value to achieve the goal of being the top Life Insurer, requiring alignment with FNB’s overall business model and strategy. This involves defining and delivering shareholder value through profitable business strategy implementation, leading budgetary structures, and influencing a culture that encourages customer centricity.