Job Description
DIRECTORATE/DEPARTMENT: Directorate of Research
Innovation Policy and Strategy
GRADE/LEVEL: IRA 5
IMMEDIATE SUPERVISOR: Manager, Research and
Innovation
REF: AMRI/14
a) Job purpose
The job holder will participate developing and managing research and innovation
activities and programs that promote research and innovation in IRA.
b) Specifications
The duties and responsibilities will entail:
I. Managerial/Supervisory responsibilities
(i) Support in formulating and implementing the research and innovation
policies, objectives and initiatives in line with the Authority’s strategic
agenda.
(ii) Carry out research projects on current and emerging issues in the
insurance industry.
(iii) Support in Identifying and implementing accelerated new and innovative
solutions within a focussed ecosystem through collaboration and
partnerships.
(iv) Share information on the innovation hub while consumer protection
safeguards into products and to promote new ideas and innovations in
line with objectives of supervision.
(v) Collate and collect information innovative challengers through
innovation and competition to promote access and inclusion in the
insurance industry.
(vi) Review literature on developments in technology and innovation through
continuous engagement with regulated entities and tech start-ups.
(vii) Participate in the research and documentation of ideas to facilitate
development and innovation in the insurance industry
(viii) Participate in planning and organizing meetings, seminars, workshops
and conferences on research and innovation for enhanced information
sharing.
(ix) Carry out analytical work and offer advisory services to other
Directorates on research methodology and related issues.
(x) Initiate, prepare, communicate and disseminate research findings
through publications in appropriate fora.
II. Operational Responsibilities / Tasks
(i) Implement research projects of multi-disciplinary and cross cutting
nature with a focus on emerging insurance industry developments and
practices.
(ii) Organize and participate in sensitization of stakeholders on insurance
market development in order to facilitate wider rollout and support for
innovative ideas and solutions
(iii) Develop reports on activities of the research and innovation department
(iv) Identify research areas, undertake surveys and analyse data and
prepare reports.
(v) Carry out training, nurturing and mentoring of research officers
c) Persons Specifications
(i) A Master’s Degree in Economics, Insurance, Risk Management,
Statistics, actuarial, ICT, Business Administration, Law, Finance,
Financial Engineering, Commerce, Business Management or related
Social Sciences from a recognized institution;
(ii) A Bachelor’s Degree in Economics, Insurance, Risk Management,
Statistics, actuarial, ICT, Law, Finance, Financial Engineering,
Commerce, Business Management or related Social Sciences from a
recognized institution;
(iii) Project Management Course
(iv) Certificate in Computer Proficiency
(v) Proficiency in relevant data analysis software
(vi) Management Course lasting not less four (4) weeks
(vii) Supervisory Course lasting not less than 2 weeks
(viii) Six (6) years relevant experience
(ix) Meets provision of chapter six of the Constitution