Chief Executive Officer , African Risk Capacity Insurance Company Limited


The African Risk Capacity Insurance Company Limited (ARC Ltd) is a financial affiliate of the African Risk Capacity, a Specialised Agency of the African Union, and is an initiative designed to improve current responses to natural disaster impacts. ARC Ltd is a sovereign level mutual insurance company, owned by its members – insured African countries as well as agencies of Germany and the United Kingdom, which governments provided returnable capital. The Company provides access to modern financial risk management tools tailored for the African continent and based on the use ofAfrica Riskview – a risk modelling platform which provides early warning for weather disasters, quantifies the impact of those events, and is used to trigger parametric payouts to countries which have purchased policies from ARC Ltd.
The Company is seeking to recruit a Chief Executive Officer (CEO) to be based in its Johannesburg office.
The Company is looking to recruit a leader with at least 15 years of diverse Pan-African managerial experience in insurance or other financial services and comfort working at ministerial levels in ARC member states. The CEO will be a self-starter, results driven and personally pro-active, with proven leadership and strategic planning skills. Experience working in a “start-up phase”, building a new organisational presence and operating platform, is required, while experience in public-private partnerships and / or the development sector is preferred.
The CEO will assume responsibility for the operation and performance of the Company, which staff is anticipated to be very limited in number of employees. A staffing complement of 6 is currently envisaged for the Johannesburg office by the start of 2017. The CEO will directly manage an Underwriting and Operations Manager and two Client Managers and will be supported by an Executive Assistant. S/he will also be part of the ARC Group’s senior management team working alongside the ARC Agency Director General. The CEO will be accountable to the Board of Directors of ARC Ltd and, ultimately, ARC Ltd’s sovereign Members.
Candidates must have completed graduate studies in finance, risk management and / or business administration. Fluency in both English and French is strongly preferred. Candidates should be comfortable working in a very hands-on environment and within a public-private partnership.
More information on ARC can be found at www.africanriskcapacity.org. Applications should be addressed before 30 March 2016 to arc@egonzehnder.com
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