The position is required to keep abreast of issues impacting the insurance industry and acts as a resource for both internal and external stakeholders providing industry research, guidance and follow up on actionable items as required.
Position Title: Technical and Regulatory Officer
Accountability: The Technical and Regulatory Officer is directly accountable to the General Manager and has a working relationship with all Departments
Job Summary: The position is required to keep abreast of issues impacting the insurance industry and acts as a resource for both internal and external stakeholders providing industry research, guidance and follow up on actionable items as required.
Training, Experience and Knowledge:
- B. Sc. in Insurance and Risk Management, Finance, Business Administration, or related discipline and/or 5 years’ experience in similar field.
- Excellent communication skills, both orally and in writing.
- Good analytical and problem-solving skills.
- Good computer and interpersonal skills.
- Ability to work under pressure.
- Aptitude for working with computers.
- Ability to prioritize and plan effectively.
Functions, Duties and Responsibilities:
Conducts research and stays abreast of issues and events affecting the financial services industry with a particular focus on the insurance sector.
- Prepares position papers based on industry research and discussions with the Board of Directors and Sub-Committees for internal and external stakeholders.
- Collects and collates industry statistics primarily from companies’ statutory returns and produces relevant reports.
- Provides support and general assistance for publications issued and activities organized by the Secretariat on behalf of its other clients.
- Attends internal and external meetings of the Board of Directors and the various Sub-Committees as required.
- Ensure effective follow through on actionable items as required by the Board of Directors and the various Sub-Committees.
- Acts as a liaison between the company and its external stakeholders and represents the company where applicable as approved by the Board.
- Provides support and general assistance for publications issued and activities organized by the Secretariat on behalf of its other clients.
- Undertakes additional duties as delegated by the General Manager/Directors.
Linking Relationships Internally:
1) All Staff
- Abiding by AML/CFT legal obligations. This includes training and ensuring the following are maintained:
Customer Due Diligence procedures
Enhanced Due Diligence measures.
Identification of high-risk customers, transactions, and payment methods