We are a well-established insurance brokerage for both short and long term business and we seek the services of a dynamic person to be engaged in the following position: –
Job Summary
- Type: full-time
- Location: Gaborone
- Category: Insurance
- Closing Date: 2026-06-01
Key Responsibilities
- Ensure compliance at all times with statutory and regulatory requirements
- Planning and administration of company business and preparation of management reports
- Comprehensive exposure to multinational, corporate and commercial clients
- Underwriting, claims, training and assist in preparation of insurance examinations
- Investigates, evaluates and reports as necessary on suspicious or unusual transactions to the regulatory authority.
- Marketing, business development, communication and guidance skills
Requirements
- Undergraduate degree in insurance or diploma i.e ACII/AIISA or equivalent
- at least 5 years experience in a Senior Managerial position.
Salary
An attractive remuneration package commensurate with qualifications and experience is offered.
How to Apply
Please apply in writing to The Managing Director, P.O.Box 202069, Bontleng, Gaborone or email to info@spectrum.co.bw enclosing your CV and Certificates no later than the 01st June 2026
About the Company
Spectrum Insurance Brokers is an established financial services entity operating within Botswana's dynamic market. Strategically located at Plot 920 African Mall in Gaborone, the company delivers authorized insurance brokerage solutions. Their core mission revolves around "Redefining Risks!", a commitment that drives their provision of tailored financial products. This firm capably assists both individuals and corporate clients in Botswana, ensuring access to essential and reliable insurance coverage. Through their expertise, Spectrum Insurance Brokers plays a vital role in securing financial well-being across the nation.
Redefining Risks!
Website: https://spectrum.co.bw/
Frequently Asked Questions
What are the typical qualifications and certifications required for a Principal Officer role in Botswana's insurance sector?
This executive role commonly requires a degree in Business Administration, Finance, or Insurance, often complemented by professional certifications like ACII or COP (Certificate of Proficiency) in Botswana. Extensive experience in insurance operations, compliance, and management is also crucial for regulatory approval by NBFIRA.
What are the common day-to-day responsibilities of a Principal Officer at an insurance broker like SPECTRUM in Botswana?
A Principal Officer typically oversees all operational aspects, including business development, client relationship management, and ensuring regulatory compliance with the NBFIRA framework. They are also responsible for strategic planning, staff management, and ensuring the financial performance and growth of the brokerage.
What can I expect regarding the local work culture and professional expectations for a Principal Officer in Botswana?
The work culture often emphasizes professionalism, respect for hierarchy, and strict adherence to established protocols and regulatory frameworks set by local authorities. Strong interpersonal skills, networking within the financial sector, and a commitment to local talent development are highly valued.
What are the realistic career progression or growth paths for a Principal Officer in the Botswana insurance industry?
Successful Principal Officers can advance to senior executive positions within larger insurance companies or brokerages, or even transition into consultancy roles within the financial services sector. There are also opportunities to sit on industry boards or establish one's own brokerage, leveraging their extensive experience and network.
What typical benefits can a Principal Officer expect from an insurance broker in Botswana?
Common benefits for such a senior role often include competitive leave entitlements, comprehensive medical aid coverage, and contributions to a robust pension fund. Other perks might involve a company car or allowance, and performance-based bonuses, all of which vary by employer and negotiation.
How should one apply for a Principal Officer position in Botswana, and what do employers typically look for?
Applications usually involve a detailed CV and a compelling cover letter highlighting leadership experience, a deep understanding of regulatory compliance, and market knowledge. Employers seek proven strategic thinking, strong ethical conduct, and a demonstrated ability to drive business growth and maintain client relationships in the local context.