Deputy Director, Supervision (Prudential)

Key Responsibilities

• Manage the formulation and implementation of minimum requirements for capital, governance, and risk management.
• Oversee the development and continuous update of risk profiling frameworks for proactive intervention on insurers.
• Lead the identification and implementation of regulatory reforms and amendments to the Insurance Act, regulations, and guidelines.
• Oversee risk assessments and the development of risk profiles for insurers and insurance groups.
• Recommend intervention measures as provided for in the Insurance Act.
• Manage onsite and offsite supervision of insurers and analyze data to inform supervisory strategies.
• Monitor international supervision practices and manage potential impacts of emerging global trends.
• Oversee the framework for identifying insurance groups and coordinate group-wide/cross-border supervision.
• Lead supervisory colleges with other authorities for group-level oversight.
• Manage stakeholder engagements to build capacity and address emerging issues in supervision.
• Provide leadership, mentoring, and performance management for departmental staff.
• Conduct relevant research and oversee regulatory impact analysis (RIA) for legislative proposals.

Person Specifications and Requirements

• Twelve (12) years of cumulative professional experience, with at least three (3) years at the level of Assistant Director Supervision or a comparable position.
• Bachelor’s degree in Insurance, Finance, Accounting, Risk Management, Law, Economics, Information Technology, or an equivalent from a recognized institution.
• Master’s degree in Business Administration, Insurance, Finance, Accounting, Risk Management, Law, Economics, Information Technology, or equivalent.
• Professional qualification in ACII, AIIK, LOMA, CPA, CIFA, CFA, or equivalent.
• Valid membership to a relevant professional body in good standing.
• Certificate in a leadership course (minimum 4 weeks) from a recognized institution.
• Proficiency in computer applications.

Required Competencies and Skills

• Strong communication and interpersonal skills.
• Advanced analytical and report writing capabilities.
• Exceptional presentation and leadership skills.
• Expertise in mentoring, coaching, and conflict management.

How to Apply

Interested and qualified candidates should apply online through the Insurance Regulatory Authority (IRA) official website at www.ira.go.ke. You can also access the application link directly at https://www.myjobmag.co.ke/apply-now/1154573. Ensure your application is submitted by the deadline on March 9, 2026.