Inspections Officer – Life Career Jobs – Insurance Regulatory Authority of Uganda



Inspections Officer – Life Career Jobs – Insurance Regulatory Authority of Uganda

Job Title:      Inspections Officer – Life

Organization: Insurance Regulatory Authority of Uganda

Duty Station: Kampala, Uganda

Reports to: Senior Inspections Officer

About US:

The Insurance Regulatory Authority of Uganda is mandated to regulate, supervise, monitor and control the business of Insurance in Uganda.

Job Summary: The Inspections Officer – Life will mainly monitor and accelerate the growth of the Life products through supporting the Senior Inspections Officer in achieving the set operational and institutional targets in accordance with the provisions of the Insurance Act. 2017

Key Duties and Responsibilities: 

  • Carry out Off-Site and On-Site Inspection of Life insurance companies, insurance brokers, and loss assessors/adjusters.
  • Review licence applications for Life insurance companies, and other players
  • Respond to and follow-up on issues raised in the inspection of and other correspondence with insurance players.
  • Monitor the implementation of the provisions of the Insurance Act and advise on the adequacy of the law and regulations.
  • Review proposals and policy forms, reinsurance arrangements and premium rates for life insurance companies.
  • Provide insurance advice to external entities.
  • Advise management and external entities on issues regarding Life insurance.
  • Analyse and prepare draft reports for management on issues regarding life insurance.

Qualifications, Skills and Experience: 

  • The ideal candidate for the Insurance Regulatory Authority of Uganda Inspections Officer – Life job placement must hold a relevant Bachelor’s (Honours) degree from a recognized University.
  • Professional qualification in insurance (at least 4 papers).
  • Three years’ experience in insurance preferably claims, underwriting or reinsurance in a reputable organisation.

How to Apply:

All suitably qualified and interested candidates should submit their applications together with copies of detailed up-to-date CVs and at least three referees to:

Alhaj Kaddunabbi Ibrahim,

Lubega Chief Executive Officer,

Insurance Regulatory Authority of Uganda,

Plot 5 Kyadondo Road, Legacy Towers,

Block B, 2nd Floor,

P.O. Box 22855, Kampala

ira@ira.go.ug

Email to: ira@ira.go.ug

Deadline: 16th July 2018

NB: Only shortlisted candidates will be contacted.

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