Insurance Expert

Background
The Common Market for Eastern and Southern Africa (COMESA) is a regional grouping of twenty one African States which have agreed to cooperate in the development of their respective economies through regional integration and trade development.

COMESA’s regional integration strategy is based on the setting up of regional policies aimed at transforming the region into a single market and facilitating the integration of its member stales into the world economy.
The Preferential Trade Area (PTA), COMESA’S predecessor, established, by a Protocol a compulsory Third Party Motor Vehicle Insurance (Yellow Card) Scheme to provide at least a minimum guarantee, as those required by the laws enforce in the territories of the parties to the Protocol, when the vehicle insured are transiting the territories of other contracting parties, thereby facilitating the smooth movement of vehicles in the Region and ensure payment of compensation to road accident victims injured by the transiting vehicles.

Applications are invited from suitably qualified and experienced professionals for the following two positions:

JOB TITLE: INSURANCE EXPERT
GRADE: P3
DUTY STATION: Lusaka
REPORT TO: Insurance Expert – Council of Bureaux Secretariat
BASIC SALARY SCALE: CON$$2,218.00 – COM$64,181.00

JOB PURPOSE

The Insurance Expert will be responsible for the management of an effective implementation of the COMESA Yellow Card Scheme (the Scheme) under the Council of Bureaux Secretarial. She/He will preside over the implementation of polices, procedures, and guidelines for the Scheme. She/He shall ensure proper implementation of Yellow Card Scheme in relation to administrative, technical, risk management and insurance activities.

MAIN DUTIES AND ACCOUNTABILITIES

Under the direct supervision of the Senior Insurance Expert and the general supervision of the Chief Executive Officer, the incumbent of the post following duties

• Shall be responsible for the Assist in the implementation and coordination of the Scheme in the member Countries,
• Initiate measures and changes to improve the technical, legal tinancial and administrative instruments;
• Assist in providing advisory services and technical assistance to members in the implementation and administration of the Yellow Card Scheme,
• Prepare reports on activities and operations of the Scherne:
• Assist in organising and servicing national, regional meetings and workshops;
• Assist in organising and servicing technical training for stakeholders, namely, National Bureaux staff, enforcement agents, insurance regulators and business to business (B2B) insurance agents;
• Assist to conduct studies to enhance the efficiency of operations the Yellow Card Scheme;
• Provide information and assistance to clients regarding the Yellow Card Scheme, coverage deta is and daims procedures;
• Address and resolve issues that motorists have with their Digital Yellow Card (OYC) and calms processing;
• Collaborate with National Bureaux to ensure consistency and mutual recognition of DYC and dalms handling,
• Facilitating Inter-Bureaux Communication on claims settlement and reimbursement processes, ensuring smooth coordination and quick resolutions to cross-border claims:
• Collaborate with stakeholders to define and provide business requirements for enhancements to the Digital Yellow Card (DYC) system, ensuring alignment with operational needs and user expectation;
• Provide data-driven insights by analysing statistical data from the Digital Yellow Card system related to underwriting, claims, and premium collection, to optimize operations and address risk factors;
• Assist with the origination of promotional materials and publications on the Yellow Card Scheme; and Any other related duties that may be assigned by your supervisor from time to time.

PERSON SPECIFICATION

Education / Professional Qualifications

The candidate must

• Have at least a bachelor’s degree in either Insurance and/or Risk Management, Quantitative Studies, Commerce or Business Studies A holder of internationally recognized professional Insurance qualification eg, Associateship of the Chartered Insurance Institute (ACil)/Fellow of the Insurance Institute of South Africa (FISA). Equivalent and internationally recognized qualifications for Francophone countries should be considered. A Masters Degree in any of the above fields will be an added advantage.

Experience

• Have at least 8 years’ experience in insurance field, five of which should be at middle management level.
• Experience in Regional Integration Issues would be an added advantage, and
• Have experience and exposure to regional conference procedures.

Technical skills

• Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies in a diverse community.
• Demonstrated professionalism in reinsurance and risk management.
• Excellent planning, organizational, analytical, and decision-making skils.
• Excellent and proven experience in management, and firm belief in teamwork.
• Up-to-date computer literacy.

GRADE AND PERIOD
The Post shall be a professional category at P3 level and a regular post under Council of Bureaux Secretariat established professional staff contracts.

REMUMERATION
Remuneration will be in accordance with the Council of Bureaux Secretariat Conditions of Service for established Professional Staff.

LANGUAGES
Applicants must be fluent in English, a working knowledge of French, will be an added advantage.

PERIOD OF APPOINTMENT
The Incumbents of the two posts will be appointed for a period of tour (4) years and shall be eligible for re-appointment subject to satisfactory performance.

ELIGIBILITY FOR APPLICATION
The position is open to qualified applicants who are from the following eligible Yellow Card Scheme Participating Member Countries: Burundi, DR Congo, Djibouti, Eritrea, Ethiopia, Kenya, Malawi, Rwanda, Sudan, Tanzania, Uganda, Zambia, and Zimbabwe.

MODE OF APPLICATION
All applications MUST be submitted to the National Bureaux of Yellow Card Scheme of the respective Member Countries stated above under Clause H, on the prescribed COMESA APPLICATION FORM which can be accessed at the following COMESA website https://www.comesa.int/comesa-job-application-forms/

Applications submitted directly to the Secretariat will not be considered and only short listed candidates will be contacted.

FINAL DATE FOR RECEIVING APPLICATIONS BY YELLOW CARD SCHEME NATIONAL BUREAUX

Applications must reach the National Bureaux of the Respective country by 21st January 2025.

FINAL DATE FOR RECEIVING APPLICATIONS FROM NATIONAL BUREAUX BY COUNCIL OF BUREAUX SECRETARIAT.

All applications should be sent to the following address:

The National Coordinator
National Bureau of Malawi
Namiwawa Sir, Glyn Jones 63/43
P.O Box 1021
Blantyre
Or Email: dtkasonda@yahoo.co.uk or insurancesecretariatmw@gail.com