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Government Jobs in Nairobi, Kenya - IRA

Supervisor

Division: Technical
Grade: IRA 4
Immediate Supervisor: Manager, Supervision
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.

Supervision Officer
Division: Technical
Grade: IRA 5
Immediate Supervisor: Head of Section
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.
Qualifications
·         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
·         A Masters’ degree in a relevant field will be an added advantage
·         Seven (7) years’ experience in the insurance industry, audit or accounting;
·         Experience in analysis of financial and statistical reports; and
·         Experience in analysis of financial and statistical reports.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
Terms of Offer
An attractive remuneration package commensurate with the responsibilities of the position will be negotiated with the right candidate.

Legal Officer
Division: Legal Affairs
Grade: IRA 5
Immediate Supervisor: Corporation Secretary/Chief Manager, Legal Affairs
Job Summary
Responsible to the Corporation Secretary/Chief Manager, Legal Affairs for effective review and interpretation of the Insurance Act and other Statutes.
Drafting of leases, contracts, agreements and other legal documents. Ensuring effective litigation management and alternative dispute resolution.
Giving necessary support to the insurance appeals tribunal. Monitoring implementation of the compliance strategy. Providing administrative services for board secretarial duties.
Responsibilities
·         To assist the Corporation Secretary with the formulation, development and implementation of corporate legal policies and procedures.
·         To assist the Corporation Secretary in providing administrative services to the Board.
·         To assist the Corporation Secretary with the provision of legal advice and interpretation to the Authority on matters that relate to the Insurance Act and other related laws.
·         To attend to litigation matters and brief the Corporation Secretary as appropriate on court case proceedings and possible courses of action to take.
·         To liaise with the Attorney General’s Chambers and as appropriate on representation of court cases.
·         To draft proposed amendments to the Insurance Act, presentation of any document or instrument that requires approval by the Attorney General or any Government Office/Department.
·         To provide legal advice to other Sections/Divisions on various matters of law.
·         To liaise with the Consumer Protection Section in complaint resolution activities as may be necessary.
·         To assist the Corporation Secretary with the formulation, implementation and monitoring of the divisional budget, work plans and procurement plans.
·         To offer legal support to the supervision team in the course of inspections, approvals and enforcement pursuant to the Insurance Act, Regulations and Guidelines.
·         To prepare in consultation with Corporation Secretary, legal drafts and negotiate contracts, leases, formal agreements and other legal instruments between the Authority and other parties and participate in settlement and arbitration of disputes.
·         To ensure compliance by the Authority with the Insurance Act and other relevant laws.
·         To carry out any other duties that may be assigned from time to time.
Qualifications
·         Bachelor’s degree in Law from a recognized university
·         Certified Public Secretary and a Member of the ICPSK in good standing.
·         Post graduate Diploma in Legal Education from Kenya School of Law.
·         Must be an Advocate of the High Court of Kenya and a Member of the Law Society of Kenya in good standing.
·         A Masters’ degree in a relevant field will be an added advantage
·         Minimum Seven (7) years’ experience in providing legal services as well as demonstrated experience in drafting, litigation management and law enforcement.
Personal Attributes
·         Excellent communication, listening, negotiation, analytical, influencing, proposal and report writing skills.
·         Excellent computer skills specifically on MS Office applications.
·         Excellent investigative, research and drafting skills.
·         Excellent interpersonal skills and team player.
·         Maturity, confidentiality, impartiality and trustworthiness.
·         High level of integrity.
·         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.
How to Apply
If you believe you are the right candidate for any of the above positions and can clearly demonstrate your ability to meet the job requirements given, please submit your application (clearly stating the job title and reference number for the position) 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 testimonials by 5.00pm on 26th November 2018 to:
The Ag. Chief Executive Officer
Insurance Regulatory Authority
Zep-Re Place
P.O Box 43505-00100
Nairobi
OR
Email: commins@ira.go.ke
IRA is an Equal Opportunity Employer and Persons With Disabilities are encouraged to apply.
Note: please note that only shortlisted candidates will be contacted and canvassing will result in automatic disqualification.

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