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ORGANISATIONAL STRUCTURE
Provident Life Assurance Company operates a flat organisation with the Chief Executive Officer responsible for the implementation of board policies, execution and the implementation of the necessary strategies to enable the company achieve its corporate vision as “the insurer of choice in the Ghanaian market”. He reports directly to the Board of Directors, who will focus on management accountability and self- regulation. The Chief Executive Officer liaises with the Chief Manager, who is next in command. The Chief Manager, works with all the departmental heads towards the realisation of the company’s objectives, as set by the Chief Executive Officer in collaboration with the top management team. The Chief Executive Officer, Chief Manager and the departmental heads as stated in the organisational chart constitute the management team. The organisational chart of the company is depicted in figure 1.
a) Technical / Underwriting
Life Business
- Life Underwriting Section
- Claims Team
- Policy Administration Section
- Marketing / Production (Agency and Broker Management)
b) Non-Technical
- Legal/Personnel/ Administration Section
- Investments, Finance & Accounts Section
- Information Technology Section
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