Inspection Officer

Inspection Officer at Insurance Regulatory Authority in Nairobi – Kenya Jobs, Career and Vacancies

The Insurance Regulatory Authority is a state Corporation set up to regulate, supervise and develop the insurance sector in Kenya. The Authority is now seeking applications for the following vacant positions:

INSPECTION OFFICER: REF IO/ 01

Reporting to the Senior Inspection Officer the position holder will be responsible for implementing and evaluating programmes aimed at securing compliance of insurance industry players through surveillance, inspection and supervision.

Core Duties and Responsibilities Assist the team in planning, carrying out the inspection, reporting on the findings and working with management to see that identified problems are corrected.Assist the team in the design, implementation and evaluation of effective programmes aimed at securing compliance in accordance with the requirements of the Insurance ActEnforce policy guidelines and best practices including a risk-based model for routine supervision of insurance firms.Prepare reports on insurance companies’ performance indicating compliance levels and adherence to prudential and market conduct benchmarks.Review incidents of non-compliance, fraudulent inclinations and failures to meet regulatory obligations and recommend appropriate administrative and legal sanctions.

Minimum Qualifications Bachelor’s degree in Insurance, Accounting, Economics, Finance, Actuarial Science, or a related field.Possession of CPA, CFA, ACCA, ACII, or other equivalent qualifications would be an added advantage.5 years working experience in the Insurance Industry, 3 of which should be in underwriting.Excellent interpersonal and communication skills.Knowledge of forensic accounting techniques.High level proficiency in the use of MS office suite.

Terms Of Offer

An attractive remuneration package commensurate with the responsibilities of the position will be negotiated with the right candidate.

If you believe you are the right candidate for the above position and can clearly demonstrate your ability to meet the qualification given, please submit your application indicating the position and reference number you are applying for with a detailed CV, stating your position, remuneration, qualifications, experience, names and addresses of three referees, email and telephone contacts together with copies of your certificates and testimonials by 16th March, 2012 to:

The Chief Executive Officer
Insurance Regulatory Authority
Zep -Re Place
P.O Box 43505-00100
Nairobi
Email: commins@ira.go.ke

Note only shortlisted candidates will be contacted and canvassing will result in automatic disqualification.

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