Supervisor/Insurance Supervision Division/ Financial Supervision and Licensing Directorate
Company
CENTRAL BANK OF ARMENIA
Category
Job Address
Application Deadline
Banking, Finance and Accounting
Yerevan, Armenia
29/04/2025
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, and take measures or submit proposals for their mitigation, including, where necessary, initiating the application of corrective actions against the supervised entity
- Assess the adequacy of the company's risk management and internal control systems in relation to the nature and complexity of the risks involved
- Evaluate the level of corporate governance in insurance companies and implement control measures to ensure compliance with established standards and international best practices
- Participate in the development and enhancement of regulations governing the insurance sector
Required Qualifications
- Higher education in economics, business, or a related field
- Minimum of two years of professional experience in the financial sector
- Comprehensive knowledge of the legislation and regulatory framework governing the insurance industry
- Proficiency in accounting principles
- Advanced skills in MS Excel
- Excellent knowledge of Armenian, good knowledge of English and Russian
Application Procedures