Supervisor
Division: Technical
Grade: IRA 4
Immediate Supervisor: Manager, Supervision
Interested
and qualified candidates are therefore encouraged to apply when qualifications
are in line with the requirements of the respective advertised position.
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.
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
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.