Role Purpose
The Head of Finance will lead and manage the financial strategy, planning, and operations of the organization, ensuring sound financial management, regulatory compliance, and alignment with organizational goals. This role provides strategic financial leadership to drive profitability, sustainability, and growth within the competitive medical insurance industry.
Key Responsibilities
Strategic
I. Collaborate with the CFO to develop and implement the company’s financial strategy, ensuring
alignment with organizational objectives and Jubilee Group standards.
II. Provide financial insights and expertise to support the development, execution, and optimization
of business strategies.
III. Lead the budgeting process, ensuring budgets reflect strategic initiatives, support business goals,
and align with financial benchmarks and targets.
IV. Conduct financial forecasting, scenario analysis, and profitability reviews to guide strategic
decision-making.
V. Collaborate with the actuarial team to develop and review pricing models for medical insurance
products.
VI. Develop and implement investment strategies to optimize returns, manage risks, and ensure
effective Asset and Liability matching in coordination with the Asset Management Company.
VII. Analyze profitability by product lines, distribution channels, and customer segments to identify
growth opportunities and drive strategic initiatives.
VIII. Cultivate and maintain strong relationships with banks, financial institutions, and rating agencies
to enhance financial partnerships and uphold the company’s reputation.
Operational
I. Develop and implement effective sales strategies, such as pricing models, sales campaigns, and
incentive programs, to drive revenue growth and achieve sales targets.
II. Collaborate with internal teams to ensure seamless client onboarding and provide ongoing client
support.
III. Oversee the preparation and presentation of financial reports, including income statements,
balance sheets, and cash flow statements.
IV. Manage cash flow, liquidity, and the investment portfolio to ensure financial stability and optimize
returns.
V. Identify opportunities for cost reduction and operational efficiency to enhance profitability.
VI. Ensure timely and accurate budgeting processes and conduct variance analysis to align financial performance with organizational goals.
