Independent Non Executive Director
Financial Services - Insurance Industry

(closing date for applications is 1st June)

International insurance organisation based here in Dublin is currently seeking an experienced Independent Non Executive Director who can chair their Risk Committee. Ideally, the INED should have an audit, control or compliance background within an insurance environment and have sound knowledge of corporate governance. The INED should have a University degree and a professional qualification.

The INED must ensure that he/she has sufficient time to devote to the role of Director of the Company and associated sub committee responsibilities. It is expected that the duties as Director of the Company will require an annual time commitment of at least 36 hours based on an assumption that he or she will attend at least 4 Board meetings, each of 3 hours in duration and will spend 3 hours preparing for each such meeting and with the sub committee meetings taking up to 12 hours including preparation. This is an indication of the amount of time that will be required to devote to the role as a director, but the actual time commitment necessary to perform such role may be greater depending on the number Board meetings actually held and circumstances generally.

The INED will be required to exercise sound judgement and decision making independent of the views of management, political interests or inappropriate outside interests. Furthermore, the INED will be required to bring an independent viewpoint to the deliberations of the Board that is objective and independent of the activities of the executive team and of the Company.

The Board currently consists of the two executives, two INEDS and two Group Directors. The Directors cover a wide range of disciplines including investment, actuarial, sales, legal, insurance etc.

The Central Bank's approval is a requirement for the position.

For further information on this INED position or to discuss other INED jobs in Dublin please contact Barry Richardson in Marks Sattin on 01-6698513

We regret that due to the high volume of applications we are only able to contact suitable candidates.