Assistant Manager – Insurance Services

Bank of Zambia, an equal opportunity employer invites applications from suitably qualified Zambians to apply for the following vacant positions:

1.0 ASSISTANT MANAGER – INSURANCE SERVICES, HO (1 POST)

GRADE: BOZ 5

Job Purpose

To perform insurance functions and activities in line with Bank of Zambia policies, practices and procedures in order to ensure adequate insurance cover on insurable risks.

Main Accountabilities

• Coordinate Departments in the provision of inputs for insurance renewals;
• Placement of insurance cover with the most competitive Underwriters;
• Establish efficient claims service and provide timely and accurate insurance statistics to facilitate decision making;
• Conduct periodic reviews of Underwriters claims and Underwriting performance;
• Provide inputs for sectional budget, monitor and review budget performance;
• Implement and periodically review insurance procedure manual;
• Carry out risk assessments under various insurance policies;
• Harmonise insurance functions between Head Office and Regional Office;
• Carry out any other functions assigned by the supervisor.

Qualifications and Experience

• Degree in Insurance; BSc/BA/BBA or equivalent plus Diploma in Insurance
• Grade 12 School Certificate with five (5) ‘O’ Levels (Credit or better)
• Three (3) years’ practical Insurance experience
• Broking experience will be an added advantage
• Member of the Insurance Institute of Zambia (IIZA)

Key Knowledge and Attributes

• Technical expertise in life and non-life insurance
• Analytical thinking
• Computer literate
• Capable of meeting stringent deadlines
• Team player
• Research oriented
• Good Communication skills

CONDITIONS OF SERVICE

Bank of Zambia Conditions of Service will apply. Please note that the position is on a Fixed Term Contract of Employment for three (3) years and renewable subject to good performance.

.