HM Treasury – Non-Executive Board Chair

Apr 072021

Non-Executive Board Chair – HM Treasury

Body: Government Actuary's Department
Appointing Department: HM Treasury
Sector: Business, Finance & Skills
Location: Furnival Street, London EC4A 1AB
Number of Vacancies: 1
Remuneration: Remuneration is calculated at a daily rate of £540 for approximately 15 days annual commitment. In addition, we will reimburse all reasonable travel and subsistence expenses.
Time Requirements: The Chair of the GAD Management Board will be expected to commit up to 15 days a year, confirmed on appointment. This will include attendance at Board meetings (approximately 10 Board meetings each year, lasting 2 hours each), Audit and Risk Assurance Committees and other formal Board activities.
Closed for Applications: 23:45 on 18 April 2021

Vacancy Description

The Chair of the Management Board is responsible for leading the Board, specifically:

planning and conducting Board meetings effectively and ensuring a high standard of discussion
facilitating collective decision-making and getting all Board members involved in the Board’s work
engaging the Board in assessing and improving its performance
acting, where appropriate, as an ambassador for GAD outside of the organisation

As one of the Non-Executive Directors you will also provide expert advice based on your knowledge and experience, bringing valuable external perspectives to the department. You will contribute to the development of GAD through:

providing an external perspective on the strategic direction of GAD’s work, contributing to its development through active engagement with the Executive team
applying oversight and constructive challenge to Executive team in managing the organisation, and delivery of objectives
attending:
- monthly Board meetings;
- quarterly Audit and Risk Assurance Committee meetings (usually on the same day as Board meetings);
- management and leadership Away Days (up to 2) each year;
undertaking occasional specific tasks such as assisting with the recruitment of senior management and providing support to senior management.

Person Specification

GAD is looking for a person with:

exceptional leadership and non-executive chairing skills, with significant experience of providing strategic direction, effective decision making and governance oversight at senior board level
experience of government or public sector bodies as a senior leader
experience of leading senior teams with diverse skills and experience, establishing consensus and promoting and developing talent
specific technical actuarial experience is not required but candidates will be expected to demonstrate a credible understanding of the role, functioning and challenges of GAD

You will also be able to demonstrate the following personal attributes of:

independence of mind and sound judgement
no conflict of interest between your business activities and the Chair role
strength of character to lead the Board in seeking full and satisfactory answers
a collaborative working style and an ability to encourage intelligent and relevant debate and build constructive consensus
evidence of a personal motivation and commitment to the public sector and demonstrate commitment to the seven principles of public life.

How to Apply

It is essential in your supporting statement that you provide evidence and proven examples of how you meet the requirements.

A CV (maximum 3 pages) setting out your career history, responsibilities and achievements.
A supporting statement (maximum 2 sides) highlighting your suitability and setting out how you meet the person specification. The supporting statement is an important part of your application and will be assessed along with your CV.
Disability, Conflicts and Political Questionnaire and Diversity Monitoring Forms (please see attachments below)

Please email completed documents to recruitment@gad.gov.uk by 23:45 on 18 April 2021