• Strategic Leadership (20% of time) • Develop and execute the Life Assurance business strategy in alignment with the subsidiary’s and CIC Group’s vision. • Drive product innovation, market expansion, and digital transformation to maintain competitive advantage. • Monitor industry trends and adjust business plans accordingly. • Formulate, implement and ensure achievement of company’s overall business strategy • Prepare regular and periodic reports to the board for strategic direction and on achievement of planned goals • Business Growth & Market Development (20% of time) • Achieve targeted revenue, policy uptake, and profitability for the Life Assurance segment. • Identify and pursue growth opportunities through bancassurance, tied and independent agency networks, brokers, and digital platforms. • Oversee marketing initiatives to enhance brand awareness and customer engagement. • Product Development & Customer Solutions (15% of time) • Lead the design and development of Life Assurance products tailored to customer needs and market dynamics. • Ensure products are priced competitively and meet regulatory requirements. • Integrate customer feedback into continuous product improvement. • Regulatory & Compliance Oversight (15% of time) • Serve as the designated Principal Officer for Life Assurance as per the Insurance Regulatory Authority (IRA) Uganda requirements. • Ensure compliance with all Life Assurance regulations, corporate governance standards, and industry codes. • Maintain strong relationships with the IRA and other relevant regulatory bodies. • Operational Excellence (10% of time) • Oversee underwriting, claims, and policy administration processes to ensure efficiency and customer satisfaction. • Implement effective governance, risk management, and control frameworks. • Drive process improvements and cost efficiencies. • Financial Management (10% of time) • Prepare and manage the Life Assurance budget and financial plan. • Monitor performance against targets and take corrective action where necessary. • Ensure prudent financial management and optimal resource utilization. • Stakeholder Engagement (5% of time) • Develop and maintain strong relationships with customers, intermediaries, regulators, and industry associations. • Represent the Life Assurance segment in industry forums, conferences, and media engagements. • People Leadership (5% of time) • Lead, mentor, and develop the Life Assurance team to achieve business objectives. • Promote a performance-driven, customer-focused culture. • Ensure succession planning and leadership development within the segment.

• Bachelor’s degree in Insurance, Business Administration, Actuarial Science, Economics, or related field • Master’s degree is an added advantage • Professional Qualification • ACII, CII, Diploma in Insurance or equivalent professional insurance qualification. • Experience Required: • Minimum of 10 years’ experience in the life assurance sector, with at least 5 years in a management role. • Proven track record in business growth, product innovation, and regulatory compliance. • Skills and Competencies: • Strategic thinking and execution. • In-depth understanding of life assurance products and distribution channels. • Strong relationship-building and negotiation skills. • Financial acumen and analytical skills. • Excellent communication and stakeholder engagement skills. • Leadership and team development capabilities. • CIC Insurance Values • CIC Group is committed to providing excellent service, spur further growth and employees are required to align their behavior to the following core values as critical to driving their performance; • Integrity- Be fair and transparent • Dynamism- Be passionate and innovative • Performance- Be efficient and results driven • Co-operation- Live the Co-operative spirit