Job Description
Pula, an insuretech firm specializing in index-based agriculture insurance, is seeking a Managing Director for Pula Re. This role involves leading the strategy, operations, and growth of a dynamic reinsurer focused on addressing the unmet needs of African and Asian insurance markets. The Managing Director will report to the Pula Re Board of Directors and play a pivotal role in shaping the future of reinsurance in Africa.
Responsibilities:
- Lead the Pula Re senior management team to develop strategy and Board Approved KPIs.
- Shape the Vision & Strategy to position Pula Reinsurance as the go-to partner for African insurers.
- Build and nurture high-value relationships with African insurance companies.
- Achieve measurable outcomes, from revenue growth to market penetration.
- Challenge conventional reinsurance models by designing solutions that solve insurers’ pain points.
- Build and inspire a high-performing team.
- Act as the face of Pula Reinsurance, leveraging marketing acumen to amplify brand.
- Ensure compliance with Bermuda’s regulatory framework and African insurance regulations.
Requirements:
- 10-15 years of work experience with a history of smashing revenue targets and forging strategic partnerships, ideally with African insurers.
- Deep technical understanding of reinsurance structures, risk transfer mechanisms, and insurer-reinsurer dynamics.
- Extensive relationships with African insurance companies and a nuanced grasp of the continent’s diverse insurance ecosystems.
- A bold thinker with a record of transforming whatever they work on.
- A knack for doing things differently, with strong views on how reinsurance can evolve to address Africa’s unique challenges.
- Exceptional ability to craft compelling narratives, build brand equity, and position Pula Reinsurance as a market leader.
- Working knowledge of reinsurance compliance, particularly in Bermuda and African jurisdictions.
- A relentless focus on outcomes, with the ability to translate vision into measurable impact.
What Pula Offers:
- Opportunity to build a reinsurer from the ground up.
- Attractive ownership structure.
- Solve critical challenges for African insurers.
- Leverage Pula’s global expertise and resources.
- Operate with autonomy to innovate and lead.
- Competitive base salary accordingly with seniority and experience, commission on closed sales and an employee share option plan that offers an attractive equity upside.