Summary
Date Posted: Friday, December 30, 2022 , Base Salary: Not Disclosed

JOB DETAILS:

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
1. 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 Act 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
1. Timely submission of inspection reports.
2. Response to inquiries.
3. Statutory compliance Reports submitted on time.
4. Inspection reports submitted.


PERSON SPECIFICATIONS
Qualifications
1. A relevant Bachelor's (Honors) degree or its equivalent from a recognized University/higher institution of learning.

Competencies
1. 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 of detailed 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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