Job responsibilities
- Conduct off-site supervision and on-site inspections of insurance companies and other insurance market participants (including market infrastructures).
- Identify risks threatening the stability and continuity of insurance companies and/or the system as a whole, take action and/or submit proposals for their elimination, including, where necessary, initiating the application of enforcement measures against supervised entities.
- Assess the adequacy of risk management and internal control systems within companies in line with the nature and complexity of their risks.
- Evaluate the level of corporate governance culture in insurance companies and take supervisory measures to ensure their compliance with existing requirements and international best practices.
- Contribute to the improvement of the regulatory framework in the field of insurance.
Required qualifications
- Higher education in economics, business, or related fields.
- At least 1 year of work experience in the financial sector.
- Knowledge of insurance-related legislation and regulatory framework.
- Knowledge of internationally recognized standards on internal control systems.
- Knowledge of accounting principles.
- Proficiency in MS Excel.
- Excellent command of Armenian, good knowledge of English and Russian
As well as: - Strong communication skills
- Analytical ability
- Creative thinking
- Teamwork skills
- Collaboration skills
- Proactiveness
- Strategic thinking
- Flexibility
- High sense of responsibility
Considered an Advantage:
- Knowledge of the Insurance Core Principles (ICPs).
- Possession of international qualifications such as CII (Chartered Insurance Institute), FRM (Financial Risk Manager), CFA (Chartered Financial Analyst), or ACCA (Association of Chartered Certified Accountants).
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