Job responsibilities
- Study international best practices and standards in insurance supervision and regulation (IAIS, Solvency II) and submit recommendations for the development of insurance regulation policy in the Republic of Armenia
- Analyze developments in the RA insurance system, identify regulatory issues, and propose solutions
- Draft regulations related to insurance supervision and regulation, including amendments and supplements, as well as other legal acts
- Provide clarifications to insurance companies and other stakeholders regarding issues related to regulatory documents governing insurance activities
- Review documents received from the RA Government and state authorities, formulate and present opinions based on the Central Bank’s regulatory policy in the insurance sector
- Review documents, provide opinions, and complete questionnaires within the framework of cooperation with the EAEU, CIS, partner supervisory authorities, and international standard-setting bodies, based on the Central Bank’s regulatory policy and regulations in the insurance sector
Required qualifications
- Higher education in finance, economics, mathematics, or law
- At least 3 years of professional experience in the financial sector
- Knowledge of legislation regulating the insurance sector, including the secondary regulatory framework
- Knowledge of risk management systems applicable to insurance market participants
- Excellent command of the English language
As well as:
- Proactiveness / Initiative
- Creative thinking
- Teamwork skills
- Collaboration skills
- Analytical skills
Nice to have:
- CII (Certificate in Insurance), ACCA (Association of Chartered Certified Accountants) certification
- Knowledge of international supervisory and regulatory standards governing the sector (IAIS Principles, Solvency II)
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