CEO: Momentum

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.

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

• 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

• 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.

• 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.

• 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…