The Insurance Regulatory Authority is an equal opportunity employer. We post vacant positions as they fall and interested candidates are encouraged to regularly visit this page for new vacancies. We only consider candidates for the positions that they apply.
Interested and qualified candidates are therefore encouraged to apply when qualifications are in line with the requirements of the respective advertised position.
Coordinate the supervision of regulated entities to ensure prudent regulation/supervision of all registered General insurance companies.
Responsibilities
- Ensure the risk profiling of all general insurance companies.
- Ensure that the risk profile for the general insurance companies is updated periodically.
- Ensure that the returns from the general insurance companies are received, analyzed and periodic reports made to the Manager Supervision
- Ensure that the risk status for all general insurance companies is up dated quarterly and reported to the head of market supervision
- Coordinate and ensure that all approvals are granted in accordance with the insurance Act.
- Ensure that unaudited and audited accounts and actuarial reports of all general insurance companies are received, analyzed deviations noted information used for decision making.
- Review applications for registration and licensing of all general insurance companies in accordance with the requirements of the Act.
- Supervise the on-site and off-site inspection of all general insurance companies.
- Ensure compliance of all general insurance companies with the provisions of the Insurance Act and other supervisory guidelines.
- Ensure the divisional SOPs and service charters are adhered to and implemented
Qualifications
- Bachelors’ degree in insurance / finance / accounting / actuarial:
- Professional insurance qualification e.g. ACII / AIIK/CPA(K)/ ACCA/ CFA/ CSIA
- Member of the ACII/ AIIK or similar bodies; and
- Proficiency in ICT
- A Masters’ degree in a relevant field will be an added advantage
- Eight (8) years’ experience gained in the insurance industry, two (2) of which should have been at a supervisory level;
- Experience in preparation of analytical and numerical reports;
- Experience analysing financial and insurance reports; and
- Strong communication, reporting and speech writing skills;
- Good mentorship and coaching skills;
- Strong organization and inter personal skills; and
- Good analytical, investigative, auditing and inspection skills
- Good team management and leadership skills
Competences
- Professionalism;
- Ethical and integrity;
- Strategic thinking and team player; and
- Ability to work under pressure, prioritize and multi task
Terms of Offer
An attractive remuneration package commensurate with the responsibilities of the position will be negotiated with the right candidate.
The post Insurance Regulatory Authority Job Vacancy : Supervision appeared first on Jobs in Kenya - http://jobwebkenya.com/.
The post Insurance Regulatory Authority Job Vacancy : Supervision is republished from Jobs – Jobs in Kenya – http://jobwebkenya.com/
