President and Chief Executive Officer - The Jacobson Group
Michigan, MI
About the Job
Job Description:
A not-for-profit fraternal life insurance benefit is seeking a President and Chief Executive Officer (CEO). The CEO will report directly to the Board of Directors and oversee the company’s overall business. The CEO’s primary objective is to help meet members’ financial security needs and drive future membership growth while maintaining the fraternal organization’s financial strengths. The successful candidate will respect and highly value relationships and operate with transparency, sound judgment and integrity as the company’s ambassador, corporate guardian, role model, spokesperson and community leader. The organization is located in Michigan and the CEO is expected to reside in the county, per the Board of Directors. The organization’s close-knit culture is strengthened through daily attendance in the office. Relocation assistance will be provided for candidates outside the area. This is a retained search.
Responsibilities: Requirements:
A not-for-profit fraternal life insurance benefit is seeking a President and Chief Executive Officer (CEO). The CEO will report directly to the Board of Directors and oversee the company’s overall business. The CEO’s primary objective is to help meet members’ financial security needs and drive future membership growth while maintaining the fraternal organization’s financial strengths. The successful candidate will respect and highly value relationships and operate with transparency, sound judgment and integrity as the company’s ambassador, corporate guardian, role model, spokesperson and community leader. The organization is located in Michigan and the CEO is expected to reside in the county, per the Board of Directors. The organization’s close-knit culture is strengthened through daily attendance in the office. Relocation assistance will be provided for candidates outside the area. This is a retained search.
Responsibilities:
- Work in partnership with the Board of Directors and the staff to develop and pursue the organization’s vision and strategy.
- Build a strategy to grow membership through life and annuity solutions in licensed states.
- Maintain positive relationships with key constituencies and achieve a genuine partner relationship with the Board of Directors by anticipating issues relevant to members, initiating dialogue, and proposing solutions to potential problems that may affect these groups.
- Balance the organization’s mission to serve its members’ needs with its fiduciary duty to maintain financial integrity.
- Create and maintain a system that ensures the proper alignment, both in theory and practice, among members, agents, and employees.
- Develop goals and performance criteria for all operating areas of the company; measure performance; provide feedback regularly and take corrective actions as appropriate.
- More than 10 years of industry experience in the life insurance and annuity industry
- Executive leadership experience with a history of reporting to, interacting with, or serving on a Board of Directors
- Deep appreciation of fraternal organizations with a commitment to benevolence and community service
- Thorough understanding of finance and investments, actuarial and underwriting principles, claims practices, independent agent sales distribution, member services and enterprise risk management
- Bachelor’s degree relevant to the industry required; continuing education (MBA or industry certification) strongly preferred
Source : The Jacobson Group