CFO - Insurance

Recruiter:

Network Recruitment

Job Ref:

NFC024277/ULR

Date posted:

Tuesday, May 5, 2026

Location:

Johannesburg, South Africa

SUMMARY:
If you’re a strategic finance leader in the insurance sector who understands that capital strength, regulatory compliance, and commercial insight are critical to business success, this confidential Chief Financial Officer opportunity could be your next executive move.

POSITION INFO:

Join a high-performing environment where governance, innovation, and sustainable growth are at the core of how business is done.

Our client is a well-established and fast-evolving player within the insurance industry. This confidential CFO role sits at an executive level and will partner closely with the CEO and Board to drive the financial strategy, governance, and long-term sustainability of the business.

The successful incumbent will provide strategic financial leadership across the organisation, ensuring full compliance with regulatory frameworks, including IFRS, SAM, and applicable insurance legislation. You will oversee financial management, capital adequacy, solvency, and regulatory reporting, while enabling commercial decision-making through insightful financial analysis.

This role offers the opportunity to influence business strategy, support growth initiatives, and build a best-in-class finance function within a complex and highly regulated environment.

Key Responsibilities:

Serve as a key member of the executive leadership team, contributing to overall business strategy and decision-making.
Provide financial insights to support product development, pricing, and expansion initiatives.
Oversee budgeting, forecasting, and financial planning processes.
Ensure accurate and compliant financial reporting (monthly, quarterly, and annual).
Ensure compliance with IFRS (including IFRS 17 & IFRS 9), SAM, and all regulatory requirements.
Oversee the submission of statutory returns and engagement with regulators (PA and FSCA).
Manage capital adequacy, liquidity, and solvency within the SAM framework.
Lead balance sheet optimisation and the capital management strategy.
Oversee tax, treasury, audit interactions, and funding relationships.
Ensure strong internal controls, governance frameworks, and risk management practices.
Collaborate with actuarial, risk, compliance, and audit functions.
Lead and develop the finance team, fostering a high-performance culture.
Present financial performance and insights to the Board, Audit Committee, and executive stakeholders.

Job Experience and Skills Required:

Chartered Accountant (SA) (non-negotiable).
Postgraduate qualification (e.g. MBA) advantageous.
Minimum 10 years’ senior financial management experience within the insurance industry.
At least 5 years’ experience operating at a CFO level.
Strong experience within the insurance regulatory environment (PA and FSCA).
Proven expertise in SAM, capital management, and regulatory reporting.
Deep understanding of IFRS 17 and insurance finance principles.
Demonstrated experience engaging with Boards and governance committees.
Strong strategic thinking, leadership, and stakeholder engagement capability.

Competency Requirements:

Strategic and commercial acumen
Leadership and influence
Governance and risk orientation
Analytical thinking and problem solving
Stakeholder engagement and communication
Drive for results
Integrity and professional judgement
Change leadership and innovation

Apply now!
For more exciting (Finance/ Engineering/ IT / Supply Chain / Commercial & C-Suite) vacancies, please visit:
I also specialise in recruiting in the following:

Financial Managers
Financial Accountants
Financial Controllers
Chartered Accountants
Group Reporting & Consolidations Accountant
Commercial Finance and FP&A positions

If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.

For more information, contact:

Ulrike Groenewald
Recruiting Consultant

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