NAMFISA is recruiting a General Manager: Insurance & Medical Aid Funds Division: Insurance & Medical Aid Funds (m/f), to be based in Windhoek, Namibia.
Description
- The purpose of the job is to strategically plan, organize and control the
NAMFISA Insurance and Medical Aid Funds Division, and to lead the
team of professional staff undertaking the supervision and regulation of
all insurance and medical aid companies
Duties
- Key Accountabilities:
- Regulate and supervise the Insurance and Medical Aid Fund
industry by inter alia:
- Developing, implementing and promoting regulatory
framework with legislative instruments (strategies and
policies) that direct and guide the operations of regulated
entities
- Identifying critical market and institutional developments
through timeous risk identification that could lead to serious
markets and industry problems
- Developing, implementing, promoting and reviewing the riskbased regulatory framework for all regulated industries
- Coordinating initiatives designed to improve efficiency within
the division
- Provision of strategic direction to the division by developing and
implementing divisional business plan in line with formulated
corporate strategic objectives
- Manage staff in line with NAMFISA policies and procedures
- Liaise with industry to collaboratively develop a set of regulatory
standards that will inform the conduct of all financial service
providers in Namibia
- Represent the Authority at various levels, including committees,
seminars and other industry meetings, both locally and
internationally
- Manage relationships with management and subordinates
- Build and maintain relations with the FIC at the Bank of Namibia,
AMLAC, and Ministry of Finance, consumer protection units, other
regulators, law enforcement agencies and stakeholders
Requisites
- Master’s Degree in Finance, Law, Economics or related field
- Ten (10) years’ relevant experience with five (5) years in middle
management OR
- An Honours Degree in Economics/Commerce; and
- Twelve (12) years’ relevant experience with five (5) years in middle management OR
- A Bachelor of Laws (LLB) Degree (or equivalent) and admission to
practice as a Legal Practitioner; and
- Twelve (12) years’ relevant experience with five (5) years in middle management OR
- Certified Theory in Accounting/Honours (or equivalent) and
Chartered Accountant designation; and
- Twelve (12) years’ relevant experience with five (5) years in middle management
- A Master’s Degree in Business Administration (MBA) will be an
added advantage
- Knowledge:
- Relevant policies, procedures, acts, regulations and standards
- Board and CEO directives
- Service level agreements and contracts
- Budgets
- Anti-money Laundering and Terrorist Financing regulations
- International best practice
- Corporate governance
- Financial services industry
- Laws of Namibia
- Economic environment
- Up to date with financial market trends
- Skills:
- Highly developed leadership, communication, negotiation, conflict
resolution and interpersonal skills
- Decision making skills
- Prioritizing skills
- Computer literacy skills
- Business and report writing skills
- Problem solving skills
- Numerical skills
- Strong analytical skill and ability to interpret statistical information
- Financial/budgeting skills
- Planning skills
Notes
- Only shortlisted applicants will be contacted
- Indicate the source of this job post: working.co.na
- Remuneration: NAMFISA offers a market-related total cost to company package based on work experience and qualifications. The package includes retirement and medical aid benefits
- As per Affirmative Action (Employment) Act, Act 29 of 1998, Namibian
Citizens from disadvantaged groups and persons with disabilities will
receive preferential treatment and are encouraged to apply
- Please note that certified copies of qualifications and identification
documents should be attached to your application
- Only short-listed candidates will be contacted and no documents will be returned
No faxed applications will be accepted
- NAMFISA reserves the right not to make an appointment in this
position
- We encourage energetic, dynamic and results-driven team players to
forward their applications
How to Apply
1. Documentation
- Cover Letter
- Curriculum Vitae
2. Application
- Send your Documentation to hr@namfisa.com.na with the Subject line “General Manager: Insurance & Medical Aid Funds Division: Insurance & Medical Aid Funds”