The RAF requires the services of suitably qualified individuals within its Head Offices for the Chief Executive Officer position on a Five-Year (5) Fixed-Term Contract. Purpose of the Job: The Chief Executive Officer is responsible for providing strategic direction in articulating the RAF vision and goals through planning, implementing and integrating the strategic direction for all operations. The CEO oversees all RAF operations and business activities to ensure they produce the desired results and are consistent with the overall strategy and mission. The CEO is accountable for the delivery and execution of the Road Accident Fund mandate aligned to the Act. Qualifications and Experience Postgraduate Degree in Business Administration/Law/Finance or related qualification. Master’s Degree qualification in Business Management/Leadership Administration will be an added advantage. 10+ years' experience in an Executive position. Extensive corporate governance knowledge and experience in either Public or Private Sector with emphasis on Public Sector governance. Turnaround strategist with proven track record in running a complex organisation. Strong understanding of corporate finance and performance management principles. In-depth knowledge of corporate governance and general management best practices. Knowledge in claims management systems, insurance/reinsurance will be advantageous. Principles and Motor Vehicle Accident legislation will be advantageous. Experience in leading and managing organisational transformation will be an added advantage. Technical and Behavioral Competencies Required Strategic Capability. Results Orientation. Business and Financial Acumen. Compliance and Governance. Ethical Leadership and Leadership Agility. Resilience. Collaborative. Change Management. Conflict Management. Direction Setting. Risk Management. Stakeholder management. Understanding of claims medical management. Complex problem identification, solving and decision making. Treasury regulations. Customer value proposition. Knowledge of Motor Vehicle Accident legislation. PFMA knowledge. Key Performance Areas Strategy and Transformation Formulate and lead the approval of the strategic direction of the organisation. Ensure effective corporate governance processes within the organisation and engage with the Executive Authority, Accounting Authority and RAF Committees. Monitor organisational performance against strategic objectives and implement required action plans. Propose legislative measures to ensure that RAF fulfills its vision. Of immediate importance will be ensuring RAF's full participation in the process to amend the RAF Act. Ensure effective and efficient implementation of the objectives of the National Transformation Agenda. Strategic Operational Management Oversee the strategic direction and intent of the full lifecycle of a claim process, including claims origination, receipt, validity and verification checks, merit assessments, quantum assessment, litigation management, settlement, payment, closure and archiving of a claim, as well as post‑crash settlement care. Provide strategic direction in the digital modernization journey of the RAF. Ensure and monitor effective and efficient management of key operations within the organisation. Oversee the management of the legal costs reduction by addressing the current litigation issues. Oversee the monitoring and implementation of adequate support processes and structures to ensure RAF operates effectively. Provide quality services and organisational stability through the development and implementation of standards, controls, systems and procedures, and conducting regular evaluations. Ensure the company meets its financial and operational goals and objectives while managing daily operations within delegated authority. Foster and cultivate a high‑performance corporate culture. Monitor and Ensure Financial Sustainability Monitor and ensure the financial sustainability of the organisation to increase shareholder value. Assess various funding options that will be best practice for RAF. Governance Oversee the management of risk and governance control processes for the RAF and provide mechanisms to mitigate identified risks. Contribute towards legislative amendments and support the legislative processes that the Department of Transport embarks upon. Ensure compliance with the constitution, RAF Act and all relevant legislation applicable to the organisation. Inform the RAF Board and its Committees about trends, issues and problems to facilitate and support policymaking. Promote organisational values and support the effective achievement of the organisation's mission and its short‑ and long‑term goals. Ensure the effective administration of Board and Committee meetings. Stakeholder Management Lead the management of the complex relationships between the organisation and its employees and provide guidance on employment terms and conditions to support organisational objectives. Engage with the Department of Transport (shareholder) on matters relating to sustainability and effective operations of the Fund. Maintain proactive and progressive relationships with all key stakeholders. People Management Lead and manage the RAF executive leadership to ensure they achieve their objectives aligned with the strategic objectives of the RAF. Ensure the motivation, cohesiveness, and alignment of the organisation's team members. Remuneration Negotiable Employment Equity The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities. #J-18808-Ljbffr