Job Summary
- Type: contract
- Location: Gaborone
- Category: Executive
- Closing Date: 2026-07-13
Key Responsibilities
- play a pivotal role in shaping the strategic direction of Liberty Life Botswana
- demonstrate high levels of integrity, strategic insight, and professional acumen
- contribute meaningfully to Board deliberations, strategic decision-making, and governance oversight
Requirements
- Candidates should demonstrate strong competence in at least one of the following disciplines: (i) actuarial science, or (ii) enterprise risk management and (iii) regulatory compliance, with a relevant postgraduate qualification preferred.
- Proven leadership experience at executive and/or board level, with demonstrated governance and oversight capability
- Strong knowledge of insurance risk frameworks, solvency and capital management principles, and actuarial methodologies and or;
- Exposure to actuarial valuation, pricing, capital adequacy, or financial risk modelling is advantageous
- Strong knowledge of enterprise risk management and regulatory compliance frameworks within the insurance industry
- Experience in implementing and overseeing governance frameworks, including board and committee effectiveness
- Sound understanding of fiduciary duties and prudential regulatory requirements for financial institutions
- Minimum of 10 years’ experience in financial services or insurance, including at least 5 years in senior or executive roles
- Board or committee experience, with the ability to provide independent challenge and strategic input
How to Apply
Submissions should be sent to:
recruitment@libertygroup.co.bw
Closing date: 13 July 2026.
About the Company
Liberty Life Botswana operates as a specialist life insurance company, dedicated to serving the diverse needs of clients throughout Botswana. The company's core focus lies in delivering both comprehensive group-based and individual risk insurance products. These offerings are meticulously crafted to provide robust financial protection, catering to enterprises seeking employee benefits and individuals planning for their future security. Operating exclusively within Botswana, Liberty Life Botswana plays a crucial role in safeguarding the financial well-being of its policyholders across the nation.
Insurance & Risk Solutions for Botswana
Website: https://www.liberty.co.bw/
Frequently Asked Questions
What are the typical qualifications and experience required for a Non-Executive Director role in Botswana, especially in the financial services sector?
Candidates typically need extensive senior-level experience in financial services, corporate governance, or a related field, often coupled with a relevant postgraduate degree or professional qualification. Strong understanding of local regulatory frameworks like those from NBFIRA is crucial for effective oversight.
What are the primary responsibilities and time commitment expected of a Non-Executive Director at a company in Botswana's financial sector?
Non-Executive Directors primarily focus on strategic oversight, governance, risk management, and constructively challenging executive decisions. This involves attending regular board and committee meetings, thorough preparation, and active engagement in strategic discussions, typically on a part-time basis.
What are the key cultural considerations and expectations for a Non-Executive Director serving on a board in Botswana?
Board culture in Botswana values respect, consensus-building, and adherence to strong governance principles, with an increasing emphasis on local context and stakeholder engagement. Directors are expected to provide independent oversight while understanding the unique local business environment and regulatory landscape.
What are the typical career progression opportunities or growth paths for a Non-Executive Director in Botswana?
Progression often involves serving on multiple boards, taking on lead independent director roles, or chairing specific board committees, building a diverse portfolio of governance experience. This builds a reputation for strong strategic insight and effective governance across various sectors in the Botswana market.
What kind of remuneration and benefits package can a Non-Executive Director typically expect in Botswana?
Non-Executive Directors typically receive a retainer fee and attendance fees for board and committee meetings, rather than a fixed salary or traditional employee benefits like medical aid or pension. The compensation reflects their advisory and oversight role, not full-time employment with standard benefits.
What is the best way to apply for a Non-Executive Director position in Botswana, and what do companies prioritize in candidates?
Applications often involve submitting a comprehensive CV and cover letter, detailing relevant board experience, governance knowledge, and sector expertise. Employers look for individuals with proven strategic acumen, integrity, a deep understanding of the local market, and alignment with corporate values.