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Chief Executive Officer

2 weeks ago

Baghdad, Baghdad, Iraq Client of LHH Full time

Chief Executive Officer (CEO)

Location: Iraq

Sector: Insurance

About the Organization

A well-established and reputable general insurance company operating in Iraq, with nearly two decades of market presence. The company is licensed, financially stable, and recognized for disciplined underwriting practices, strong regional and international reinsurance partnerships, and a diversified insurance portfolio serving both corporate and individual clients.

The organization is known for its transparent governance, regulatory compliance, and sustainable growth approach within a developing insurance market.

Role Overview

The Chief Executive Officer (CEO) will have full executive accountability for leading the company s strategy, operations, financial performance, and stakeholder relationships. The role requires a seasoned insurance leader capable of driving profitability, strengthening governance, and positioning the company for long-term growth in a regulated and evolving market.

Key Responsibilities

Strategy & Leadership

  • Define and execute the company s strategic vision and growth agenda
  • Lead business planning, market expansion, and performance optimization initiatives
  • Drive a strong culture of accountability, compliance, and ethical leadership

Underwriting, Risk & Financial Performance

  • Strengthen underwriting discipline, pricing, and portfolio profitability
  • Oversee enterprise risk management, solvency, and capital efficiency
  • Ensure sustainable financial performance aligned with regulatory requirements

Operations & Governance

  • Oversee claims management, operational efficiency, and service quality
  • Ensure robust corporate governance, internal controls, and regulatory compliance
  • Maintain strong relationships with regulators and supervisory authorities

Products & Market Development

  • Expand and enhance the insurance product portfolio in line with market demand
  • Identify new business opportunities across retail and corporate segments
  • Support innovation and product development while managing risk exposure

Stakeholder Management

  • Lead senior engagement with reinsurers, brokers, partners, and key clients
  • Strengthen regional and international reinsurance relationships
  • Represent the company at industry and regulatory forums

People & Organization

  • Build, mentor, and retain a high-performing executive and management team
  • Drive leadership development, succession planning, and organizational capability

Insurance Portfolio Coverage

  • Health, personal accident, and travel insurance
  • Motor, property all risks, fire, and theft insurance
  • Engineering and construction insurance
  • Transport insurance (marine, land, and air)
  • Bankers blanket bond, cash, ATM, and corporate general liability insurance

Candidate Profile

Experience & Background

  • Proven experience as CEO, Deputy CEO, General Manager, or equivalent within the insurance sector
  • Strong background in general insurance, underwriting, claims, and reinsurance
  • Experience operating in regulated, emerging, or frontier markets preferred
  • Demonstrated success in driving profitability and organizational growth

Skills & Competencies

  • Strategic leadership with hands-on operational capability
  • Strong financial acumen and risk management expertise
  • Excellent stakeholder management and governance skills
  • Ability to lead complex organizations and influence diverse stakeholders

Why This Opportunity

  • Lead a market-recognized insurance business with strong foundations
  • Full executive authority to shape strategy and growth
  • Exposure to a dynamic and developing insurance market
  • Opportunity to build long-term institutional value and leadership legacy