COMESA
Posted Job
4 days ago

Reinsurance Expert

Job Description

The Common Market for Eastern and Southern Africa (COMESA) is a regional grouping of twenty one African States which have agreed to cooperate in the development of their respective economies through regional integration and trade development. COMESA’s regional integration strategy is based on the setting up of regional policies aimed at transforming the region into a single market and facilitating the integration of its member states into the world economy.

The Preferential Trade Area (PTA), COMESA’s predecessor; established, by a Protocol, a compulsory Third-Party Motor Vehicle Insurance (Yellow Card) Scheme to provide at least a minimum guarantee, as those required by the laws in force in the territories of the parties to the Protocol, when the vehicle insured is transiting the territories of other contracting parties thereby facilitating the smooth movement of vehicles in the Region and ensure payment of compensation to road accident victims injured by the transiting vehicles.

Applications are invited from suitably qualified and experienced professionals for the REINSURANCE EXPERT – P3 position.

JOB PURPOSE

The Reinsurance Expert shall be responsible for the management of an effective implementation of the COMESA Yellow Card Scheme (the Scheme) under the Council of Bureaux Secretariat. She/He will preside over the implementation of policies, procedures, and guidelines for the Scheme. She/He shall ensure proper implementation of Yellow Card Scheme in relation to administrative, technical, risk management and reinsurance

activities.