Vacancy announcement for CEO at the Insurance Foundation for Servicemen

Role Purpose

The CEO is responsible for all aspects of Foundation’s activities, leading the team and directing all resources towards the fulfilment of Foundation’s main purpose of providing stable and equal compensation for the well-being of fallen, missing, and disabled soldiers and their families.

The CEO is accountable to the Board of Trustees.

Principal Responsibilities

The CEO is responsible for implementation of the Foundation’s strategy and operations outlined in the law and approved by the Board of Trustees, relationship with the governmental authorities, employees, beneficiaries, sponsors and other external stakeholders, management of risks and compliance with all applicable laws, regulations and internal acts.

Responsibilities include, but are not limited to:

Providing supervision, strategic guidance and overseeing the overall management of the Foundation’s activities;
Proactively developing strategies to accomplish Foundation’s objectives;
Management of the Foundation’s financial activities and implementation of budgets approved by the Board of Trustees;
Ensuring all balance sheet management activities, including liquidity and funding are within the risk appetite and budget approved by the Board of Trustees, aimed at maximising the return on investment;
Preparing and maintaining business recovery plans;
Proactively identifying and assessing emerging issues across the full spectrum of risks and presenting recommendations to the Board of Trustees;
Ensuring the accuracy and completeness of returns and reports submitted for control, information and audit purposes;
Ensuring Foundation’s activities are conducted in adherence with all laws and regulations and internal acts;
Interacting with external auditors to effectively manage risk and internal controls, including the implementation of auditors' recommendations;
Leading the team, providing vison, guidance and serving as a role model that others want to follow;
Effectively managing human capital, including resourcing, employee skills and capability development/workforce planning, performance management and succession planning;
Driving change and improvement, ensuring highest standards of transparency, accountability and delivering fair outcomes to the beneficiaries;
Ensuring escalation, consultation and coordinated action with the Board of Trustees;
Acting as the face of the Foundation in dealings with external stakeholders and media, ensuring pro-active marketing, communication, positioning, working with sponsors, organizing charity events and fundraising;
Maintaining healthy relationship with various government authorities and external stakeholders.

Required qualifications:

Degree in economics, finance, law or related fields;
At least 5 years of senior executive level experience, preferably in the financial sphere, with sound understanding of balance sheet and associated risks;
Strong and decisive management skills;
Strong interpersonal skills with excellent organizational, planning and problem solving skills;
Excellent people management and leadership skills, ability to effectively manage, inspire and mobilize the team;
Excellent written and verbal communication skills with the credibility to present to external stakeholders, sponsors and media;
Strong investment knowledge;
Experience in fundraising and / or working with sponsors is an advantage;
Actuarial background, practical experience in an insurance and/or pension context is an advantage;
Experience in non-profit organisations is an advantage.

Application submission deadline 30.04.2021