Senior Supervision Officer Jobs, Insurance Jobs In Kenya, IRA Jobs
The Insurance Regulatory Authority is a State Corporation established under the Insurance Act, Cap 487 of the Laws
of Kenya with the mandate to regulate, supervise and promote development of the insurance industry in Kenya. The
Authority is seeking applications for the following vacant positions:
JOB TITLE Senior Supervision Officer
DIVISION Technical
SECTION Supervision
GRADE/LEVEL IRA 5
IMMEDIATE SUPERVISOR Head, Supervision (General Insurers, Composite Insurers, life
Insurers, Intermediaries)
JOB SUMMARY
Carrying out on site and off site supervision of regulated entities
Responsibilities
Policy development • Carry out risk profiling of regulated entities.
• Continuously monitor, evaluate and report on the risk status of each of the regulated entities
• Carry out offsite and on site surveillance of the regulated entities
• Analyse any requests for approval under the Insurance Act
• Analyse and recommend approval of reinsurance programme
Industry Analysis • Analyse applications and recommend for registration and licensing of regulated entities in accordance with the requirements of the Insurance Act
• Analysis of annual accounts for regulated entities
• Process lien applications as provided under the Insurance Act
Policy development and Implementation • Participate in the formulation and development of policies and procedures
• Participate in the coordination of training for members of the industry.
• Coordinate development and growth of insurance agency force at the counties
• Assist in the preparation of policy papers, briefs and board papers.
• Monitor the implementation of performance contract issues and the strategic plan in the Technical division.
Any other tasks:
• Supervise less experienced supervision team members
Qualifications
Education and knowledge
• Bachelors’ degree in economics, insurance, accounting, actuarial or equivalent;
• Professional qualification i.e. AIIK, ACII, CPA, ACCA, or equivalent qualification;
• Member of a professional body
• Proficiency in ICT
Experience
• Seven (7) years’ experience in insurance practice, audit or accounting;
• Experience in analysis of financial and statistical reports; and
• Experience in analysis of financial and statistical reports.
Skills
• Good communication and reporting skills;
• Good supervision skills;
• Strong organization and inter personal skills; and
• Good analytical, investigative, auditing and inspection skills
Competences
• Professionalism;
• Ethical and integrity;
• Strategic thinking and team player; and
• Ability to work under pressure, prioritize and multi task
How to Apply
If you believe you are the right candidate for the above position and can clearly demonstrate your ability to meet the
job requirements given, please submit your application (clearly indicating on the envelope the reference number
and position you are applying for) with a detailed CV, stating your position, current remuneration, qualifications,
experience, names and addresses of three referees, email and telephone contacts together with copies of your
certificates and national identification card by close of business on 28th February 2020 to:
Commissioner of Insurance & Chief Executive Officer
Insurance Regulatory Authority
Zep-Re Place
P.O Box 43505-00100,
Email: [email protected],
Nairobi
IRA is an Equal Opportunity Employer and Persons With Disabilities are encouraged to apply.
Note: only shortlisted candidates will be contacted and canvassing will result in automatic disqualification.
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