Vacancy title:
5 Inspection Officer - Non Life
Jobs at:
Insurance Regulatory Authority of UgandaDeadline of this Job:
30 January 2023
Summary
Date Posted: Monday, January 16, 2023 , Base Salary: Not Disclosed
JOB DETAILS:
5 Inspection Officer - Non Life
Directorate /Dept. / Office Supervision
Level IRA 5
Duty Station Head Office/ Regional Office
Responsible to Sr. Inspection Officer
Responsible for None
Working Relationships Internal; Department Heads and Officers
External:Customers/Insurance stakeholders/ Government
Officials/ Public (Contractors
Purpose
Monitor and accelerate the growth of the Non-Life products through supporting the Manager Inspection in achieving the set operational and institutional targets in accordance with the provisions of the Insurance Act,
Duties And Responsibilities
• Carry out Off-Site and On-Site Inspection Of Non-Life Insurance companies and insurance brokers.
• 2, Review licence applications for Non-Life insurance companies, insurance brokers and Insurance agents,
• 3, Respond to and follow-up on issues raised during inspection and correspondence with insurance players.
• 4. Monitor the implementation of the provisions of the Insurance Aet and advice on the adequacy of the law and regulations,
• 5. Review and analyze policies of new insurance products and reinsurance arrangements.
• 6. Prepare draft reports on the status of Non-life insurance.
• 7. Analyse and advise the management on issues concerning Non-life insurance,
• 8. Carry out any other duty as may be assigned from time to time,
Key Performance Indicators
• Timely submission of inspection reports.
• 2, Response to inquiries-
• 3, Statutory compliance Reports submitted on time.
• 4. Inspection reports submitted Person Specifications
Qualifications
• A relevant Bachelor's (Honors) degree or its equivalent from a recognized University/ higher institution of learning.
Competencies
• Personal presentation
• 2, Analytical Abilities
• 3, Knowledge of Insurance Principles
• 4. Interpersonal Skills
• 5, Organizational Skills
• 6. Communication Skills
Job Experience: No Requirements
Work Hours: 8
Level of Education: Bachelor Degree
Job application procedure
Interested candidates who meet the criterias should submit their applications together with copies ofdetailed up-to-date CVs and at least three referees, not later than 5:00 pm on 30th January 2023 to.
The Chief Executive Officer
Insurance Regulatory Authority of Uganda Plot 6 Lumumba Avenue, Insurance Tower P.o. Box 22855, Kampala
Or emailed to:
vacancies@ira.go.ug
ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED
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