About the position
Purpose of the Job: To assist with the management of the department and to help develop and maintain an appropriate conduct of business supervisory framework for the insurance industry. The person appointed to this position will report to the Departmental Head. Requirements: A Bachelor's degree in Law, or a Business or Accounting qualification, with at least 5 - 7 years' experience in the financial services industry. Excellent knowledge and understanding of the financial services industry and in particular the insurance industry is required. Experience in managing people and a certification in compliance risk management will be advantageous
Desired Skills:
- policyholders by insurers
- IRS
- Insurers Supervision Department
- professional judgement
- Departmental
- and organisational goals
Desired Work Experience:
- 5 to 10 years
Desired Qualification Level:
- Degree
About The Employer:
Key Performance Areas:
- Assist with managing the operations of the Insurers Supervision Department;
- Assist with the development, implementation and maintenance of a risk-based conduct of business supervisory framework for insurers;
- Assist in promoting the fair treatment of policyholders by insurers;
- Oversee market conduct on-site compliance inspections where applicable based on policy and the risk-based supervision approach;
- Provide inputs on projects identified in the Department;
- Participate in the development and implementation of the Organisation's digital transformation initiativesganisation, including the Integrated Regulatory Solution (IRS).
- Assist the Departmental Head by recommending and implementing changes to the regulatory framework and policy within the Organisation;
- Engage with industry stakeholders on various conducts of business supervisory matters;
- Engage with senior management within the Or on operational and strategic matters as and when required;
- Engage with management of insurers on complex matters as and when required;
- Engage with stakeholders on international level; and
- Manage the human resources of the team effectively and efficiently (train, develop, monitor, lead and assess performance of staff).
