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Senior Supervision Officer

Salary rangeConfidential | Contract type: Permanent

You have 4 days left to apply for this job.

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Job Summary

Carrying out on-site and off-site supervision of regulated entities
REQUIRED 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 the analysis of financial and statistical reports.
Skills
  • Good communication and reporting skills;
  • Good supervision skills;
  • Strong organization and interpersonal 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

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
  • Analyze 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 andthe strategic plan in the Technical division.

Job Requirements

Required education: Bachelor's degree
Required relevant work experience: 7 years
Required languages: English (Spoken: fluent | Written: fluent)
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