CEO: Momentum Life at Momentum Metropolitan Holdings Limited

Role Purpose    

• Reporting directly to the Group Chief Executive Officer (GCEO), this role is a critical senior executive appointment with group-wide strategic influence and accountability.
• The CEO of Momentum Life will operate beyond the scope of leading a business unit. In addition to shaping and delivering the strategy and performance of Momentum Life, this executive will be expected to make a meaningful contribution to the overall strategic direction, competitiveness, and future performance of Momentum Group.
• As a formal member of the Group Executive Committee (Group Exco), the CEO of Momentum Life will play an active role in shaping the Group’s strategic agenda, influencing group-level financial outcomes, and bringing forward industry insights that strengthen Momentum Group’s long-term positioning.
• This CEO will therefore need to operate at a highly strategic, enterprise-wide level, balancing the stewardship of their business unit with the broader responsibilities of Group executive leadership.
• Within the Momentum Life business, the CEO will provide clear strategic direction and ensure the business delivers sustainable performance across the full value chain.
• This includes driving innovation, elevating operational excellence, strengthening market leadership, and accelerating long-term, profitable growth.
• The executive will champion a high-performance, client-centric, digitally enabled business that delivers exceptional stakeholder value, strengthens governance, and positions Momentum Life as an industry leader.

Requirements    

Qualifications:

• Qualified Actuary (Fellow of a recognised Actuarial Society) – preferred
• Post-graduate degree in Business Management, Insurance or related field

Knowledge & Experience:

• At least 10 years of senior or executive level leadership experience
• A deep understanding of the dynamics in the SA life insurance industry
• A proven track record of delivering product and digital process innovation
• Well-averse with direct-to-client and adviser-led distribution strategies
• Stakeholder management and influencing

Duties & Responsibilities    

PROCESS

• Lead the strategic vision and execution of the Momentum Life product business by aligning value chains, driving innovation in products and capabilities, and ensuring long-term organisational success.
• Champion industry leadership through business intelligence and stakeholder engagement.
• Ensure operational excellence by driving compliance, optimising customer service, and implementing high-impact strategic projects that enhance profitability and growth.
• Ensure governance, ethics, and risk management frameworks are implemented to ensure transparency and safeguard shareholder interests.

PRODUCT LEADERSHIP 

• Drive continuous enhancement and rigorous management of the product portfolio, ensuring solutions remain competitive and relevant to evolving client needs.
• Oversee cost optimisation initiatives and robust profitability analysis to maximise value creation while maintaining product integrity and market alignment.
• Proactively identify opportunities for innovation and improvement, implementing strategies that balance operational efficiency with exceptional client outcomes.
• Steer cross-functional collaboration to deliver products that anticipate market trends and exceed stakeholder expectations.

CLIENT

• Foster strong, collaborative relationships with clients and stakeholders to deliver integrated, innovative service solutions.
• Continuously enhance client experience by designing impactful journeys, aligning offerings with evolving needs, and promoting a culture of feedback and excellence.
• Maintain a competitive edge through active networking, benchmarking, and thought leadership across industry forums.
• Drive the effectiveness of channels and distribution by regularly evaluating and refining multi-channel strategies, ensuring seamless integration between direct, intermediary, and digital distribution routes.
• Collaborate with key partners to expand market reach, optimise channel performance, and adapt to shifting client preferences.
• Leverage data-driven insights to identify new distribution opportunities and ensure that all channels align with the organisation’s value proposition and customer experience objectives.

STAKEHOLDERS

• Establish strong, trust-based relationships with key internal and external stakeholders to foster strategic alignment and drive long-term value creation.
• Success is measured by stakeholder satisfaction, strategic partnership growth, and the effectiveness of stakeholder communications.
• Active engagement in industry forums and regulatory bodies (e.g. ASISA) to protect the company’s reputation and license to operate.

PEOPLE

• Cultivate a vibrant and inclusive work culture that inspires productivity, learning, and collaboration.
• Lead by example through active engagement and alignment with organisational purpose and culture.
• Attract and retain top talent by fostering a diverse work environment and promote continuous growth across the team.
• Foster employee engagement and high performance through inclusive leadership and cultural alignment.

COMMERCIAL

• Deliver strategic financial outcomes by driving new business value and earnings growth through sales performance, optimising pricing models, and ensuring effective budgeting across products and channels.
• Strengthen governance and compliance through the implementation of ethical frameworks, risk management systems, and alignment with King V principles.
• Enhance operational efficiency, protect capital, and drive sustainable returns for shareholders.
• Ensure transparency and integrity across the value chain to build investor confidence and long-term enterprise value.
• Align financial oversight with strategic goals to support profitability and responsible growth.

TECHNOLOGY

• Identify and drive critical digital and technology initiatives and investments that will innovate the business value chain and deliver essential efficiencies.
• Champion the adoption of emerging technologies to streamline operations, enhance the efficiency of claims processes, enhance client experience, and reinforce Momentum Life’s position as an industry leader.
• Collaborate with cross-functional teams to ensure technology strategies are aligned with overall business objectives and support sustainable growth, with a specific focus on the integration of artificial intelligence to manage the cost base of the business, and enhance processes.

MARKET POSITIONING

• Position Momentum Life as a market leader and innovator, within both adviser and client segments.
• Act as the brand ambassador, ensuring Momentum Life is recognised as the brand of choice by consistently communicating its unique value proposition across key external platforms, industry events, and thought leadership forums.
• Develop a deep understanding of the competitive landscape and effectively position the business to respond to evolving market dynamics and consumer demands.
• Drive proactive market engagement strategies to reinforce Momentum Life’s leadership, enhance brand equity, and secure prominent visibility among both consumers and industry stakeholders.

Competencies    

• Analytical skills
• Executive disposition
• Ability to engage in complex and strategic matters
• Business acumen
• Communication skills (written and verbal)
• Client, channel, and stakeholder engagement
• Collaboration
• Accountability and ethical decision-making
• Data and insights-driven decision-making
• Impact and influencing skills
• Embracing change

Closing Date    

• 2026/03/09