Job responsibilities
• Research international best practices and standards in insurance supervision and regulation (IAIS, Solvency II), provide recommendations for the development and improvement of the Armenian insurance system, and implement related initiatives.
• Analyze developments in the Armenian insurance market, identify regulatory challenges and obstacles to growth, provide recommendations, and support implementation efforts.
• Develop draft regulations and other legal documents related to insurance supervision and regulation.
• Collaborate with insurance associations and unions on the development and implementation of new insurance products, including in the compulsory motor third-party liability (CMPL) sector.
• Cooperate with the Government of Armenia, state authorities, international organizations, and other supervisory and regulatory bodies; review documents submitted within this cooperation, provide opinions in the form of memos and letters, and complete questionnaires from international partners in line with the Central Bank’s insurance regulation policies and strategy.
Required qualifications
• Higher education in finance, economics, mathematics, or law.
• Work experience in insurance, finance, or regulation.
• Knowledge of insurance regulatory framework, including sub-legislation.
• Understanding of insurance theory.
• Familiarity with international supervisory standards regulating the sector (IAIS principles, Solvency II), or willingness to study them.
• Knowledge of risk management systems typical for insurance market participants.
• Excellent command of Armenian and English; good knowledge of Russian.
Considered as an advantage:
CII (Certificate in Insurance).
Additional information
Only shortlisted candidates will be informed about the next stages of the interview.
For additional information and clarifications, you can call (+37410) 592-592
Internal 51-19
People and Corporate Culture Directorate