INSUARANCE EXAMINER – BANK OF GUYANA

VACANCY 

JOB OVERVIEW

The ISPD endeavours to achieve the Bank’s mandate of ensuring a safe and sound financial system
through the application of an effective and efficient system of risk-based supervision and regulation in
keeping with international best practices.
As a member of the ISD, the EX/FA would be expected to contribute effectively to this achievement and
is also expected to demonstrate initiative and be an effective team player.

Duties and Responsibilities

The EX/FA may be tasked with:-
1. Financial and macro-economic analyses
 Drafting of letters, reports, position papers, and policy documents for internal and external recipients.
 Conducting in-depth analyses from a risk-based perspective, particularly of industry-wide financial and non-financial information to identify, assess, and monitor emerging trends and issues in the financial environment.
 Preparation of risk assessment summaries and risk matrices.

2. Periodic reports

 Analysing particular aspects of the CARAMELS framework.
 Review of schedules, matrices, etc.

 Conducting studies on matters related to insurance supervision or regulatory activities,
which may inform policy development or supervisory action.

3. Legislative and prudential framework – laws, regulations, guidelines, manuals, reporting forms, schedules, etc.

 Review of the existing methodology/supervisory framework, identifying weak areas, and developing proposals for enhancement.
 Implementation of new legislation, regulations and guidelines.

4. Examinations

 Lead/assist the examination team in the conduct of examinations
 Prepare reports on assigned institutions
 Monitor the performance and financial condition of Insurance Companies and Intermediaries In addition, as part of their duties and assessment, the officer will be expected to demonstrate the
following:

a. Be an active team member in projects arising outside of direct responsibilities.
b. A high level of professionalism is required on the job at all times.
c. An ability to work well within the team.
d. An ability to cope with high levels of responsibility and with confidential matters.
e. Initiative and self-motivation.
f. Technical understanding and attention to detail.
g. An ability to communicate at all levels clearly and efficiently, in both speech and writing.

Minimum Qualifications and Experience/Competencies:

 A Bachelor’s Degree in Accountancy from a recognised University; or

 ACCA Level 2: or

 Certified Accounting Technician graduate with two (2) years’ experience; or

 Diploma in Accountancy with two (2) years’ experience.

 Working knowledge of MS software, especially Word, Excel and ideally Access