Job Title:                     FTC Consultant-Ghana

Industry:                      Financial Services

Location:                    Ghana

Compensation:            Allowances, Travel Expenses and Accommodation Covered

Job Purpose:

We are seeking a highly experienced and retired insurance professional with a passion for mentorship and supporting growth. This consultancy role is tailored for a candidate eager to guide and advise a developing insurance company in Ghana. As a Consultant, you will work closely with the management team and shareholders, providing expert insights and fostering the company’s strategic and financial success. This role includes regular virtual meetings, in-person visits, and hands-on advisory to help shape the company’s future.

Key Responsibilities:

• Mentorship and Guidance:
  • Act as a mentor to the management team, providing guidance on best practices, industry standards, and effective leadership techniques.
  • Facilitate knowledge sharing to build the skills and capabilities of the team.
• Monthly Meetings:
  • Conduct monthly Zoom meetings with the management team to review the company's performance, discuss strategic objectives, and offer advice on any challenges or opportunities.
• Periodic On-Site Visits:
  • Visit the company’s Ghana office at least three times a year for in-depth reviews, team engagement, and strategic planning sessions.
  • Provide feedback on operational processes, team dynamics, and overall performance during visits.
• Strategic and Financial Oversight:
  • Review and assess the company's strategic and financial plans, ensuring alignment with long-term goals.
  • Offer actionable recommendations to enhance operational efficiency, profitability, and sustainable growth.
  • Assist in crafting strategic initiatives that will propel the company's market position and competitive edge.
• Stakeholder Engagement:
  • Collaborate with shareholders to align business objectives and ensure the company's direction resonates with shareholder expectations.
  • Support the company in fostering a transparent and productive relationship with its stakeholders.

Key Performance Indicators (KPIs):

1. Frequency and Effectiveness of Mentorship Sessions: Conduct consistent monthly meetings with actionable takeaways and clear guidance.
2. Impact on Team Growth: Evidence of improved performance, skills development, and engagement within the management team.
3. Quality of Strategic Insights: Provide actionable recommendations during strategic and financial reviews, with measurable impact on company performance.
4. Stakeholder Satisfaction: Positive feedback from stakeholders and management regarding guidance and consultancy effectiveness.
5. Operational Improvements: Tangible improvements in processes, efficiencies, and profitability as a result of consultancy inputs.

Qualifications and Experience:

• Bachelor’s degree in Business Administration, Finance, or a related field. Advanced degree (e.g., MBA) is a plus.
• Minimum of 15+ years in the insurance industry, with at least 5 years in a senior or executive role.
• Extensive experience in strategic planning, financial oversight, and operational management within an insurance environment.
• Proven track record of leadership, team mentorship, and business transformation.

Skills and Competencies:

• Leadership and Mentorship: Ability to guide and inspire management teams, fostering growth and innovation.
• Strategic Insight: Strong analytical skills with the ability to assess and optimize business strategies and financial plans.
• Financial Acumen: Solid understanding of financial management, budgeting, and risk assessment in an insurance setting.
• Communication: Excellent written and verbal communication skills, with a talent for simplifying complex ideas and influencing stakeholders.
• Adaptability: Comfortable with remote work and able to provide value through virtual and in-person engagements.
• Relationship Building: Strong interpersonal skills, with the ability to connect and build trust with team members and stakeholders.

Compensation and Benefits:

• Allowance: Monthly allowance provided for consultancy services.
• Travel Support: Reimbursement for travel expenses and accommodation for on-site visits.
• Flexible Schedule: Remote role with periodic travel, allowing for a balanced work-life commitment.