Insurance Regulatory Authority of Uganda Risk Officer Jobs in Uganda

Insurance Regulatory Authority of Uganda Risk Officer Jobs in Uganda

Purpose

Provide support in coordination, monitoring and evaluation of the level of risk within IRA and in
the Insurance Sector.

Duties and Responsibilities

Participate in the development of risk indicators and update the risk dashboard,

Review the risk management frameworks put in place by the industry players and provide
guidance on their effectiveness.

Review risk management reports (Own Risk and Solvency Assessment, Risk Management
Reports etc.) and provide technical guidance in risk management.

Continuously update existing actuarial models,

Participate in risk management surveys.

Monitor insurance companies compliance with the provisions of the Act in aspects such as
capital adequacy/solvency, investment etc.

Review new/modified insurance products, accompanying premium rates, Commission rates.

Carry out any other duties assigned from time to time.

Key Performance Indicators

Timely submission of risk management reports.

Updated risk dashboard.

Statutory compliance Reports submitted on. time.

Person Specifications

Qualifications

At least a Bachelor's (Honours) Degree in Actuarial Science, Mathematics, Statistics or its
equivalent from a recognised University/Higher Institution of Learning.

Competencies

Personal presentation

Analytical skills

Risk management

Interpersonal skills

Supervisory skills

How to Apply

For more information and job application details, see; Insurance Regulatory Authority of Uganda Risk Officer Jobs in Uganda

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