About the job FTC Consultant
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 companys strategic and financial success. This role includes regular virtual meetings, in-person visits, and hands-on advisory to help shape the companys 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 companys 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):
- Frequency and Effectiveness of Mentorship Sessions: Conduct consistent monthly meetings with actionable takeaways and clear guidance.
- Impact on Team Growth: Evidence of improved performance, skills development, and engagement within the management team.
- Quality of Strategic Insights: Provide actionable recommendations during strategic and financial reviews, with measurable impact on company performance.
- Stakeholder Satisfaction: Positive feedback from stakeholders and management regarding guidance and consultancy effectiveness.
- Operational Improvements: Tangible improvements in processes, efficiencies, and profitability as a result of consultancy inputs.
Qualifications and Experience:
- Bachelors 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