Background

The Pensions and Insurance Authority (“the Authority”) is the regulatory and supervisory authority for the pensions and insurance industries in Zambia as provided for in the Pension Scheme Regulations Act No. 28 of 1996 (as amended) and the Insurance Act No. 38 of 2021.

As part of the organisation expansion, the Authority hereby invites applications from suitably qualified and experienced candidates to fill the following position:

INSPECTOR – MARKET DEVELOPMENT AND RESEARCH – PENSIONS

ONE (1) POSITION

Reporting to the Manager Market Development and Research-Pensions, the Inspector will undertake the research and development functions in order to promote the development of the pensions industry, expand coverage and contribute to socio-economic development.

Specific Duties

• Initiates and drafts policy recommendations to incorporate emerging issues in the pension industry.
• Undertakes effectively the review and development of regulations and standards in order to ensure effective supervision and support pension market growth.
• Undertakes effectively market research in pension-related matters in order to generate information for decision making.
• Undertakes timely collection, analysis and publishing of pension industry data in order to facilitate informed decision-making and provide insights into industry trends and performance.
• Undertakes effectively market development sensitization for service providers, pension scheme members and other stakeholders in order to create awareness.
• Undertakes periodically the maintenance of a register of regulated entities in the pension industry in order to ensure availability of up-to-date information to the public.
• Undertakes effectively capacity building programmes for trustees in the pensions industry in order to enhance their competence.
• Undertakes effectively management of stakeholder partnerships in order to enhance collaboration on matters relating to market development.

Requirements

• Full Grade 12 certificate or equivalent with credit or better in Mathematics and English.
• Bachelor’s Degree in Statistics, Economics, Finance, Business Administration or equivalent.
• At least 4 years relevant experience.
• Membership to relevant professional institution.

• Initiates and drafts policy recommendations to incorporate emerging issues in the pension industry.
• Undertakes effectively the review and development of regulations and standards in order to ensure effective supervision and support pension market growth.
• Undertakes effectively market research in pension-related matters in order to generate information for decision making.
• Undertakes timely collection, analysis and publishing of pension industry data in order to facilitate informed decision-making and provide insights into industry trends and performance.
• Undertakes effectively market development sensitization for service providers, pension scheme members and other stakeholders in order to create awareness.
• Undertakes periodically the maintenance of a register of regulated entities in the pension industry in order to ensure availability of up-to-date information to the public.
• Undertakes effectively capacity building programmes for trustees in the pensions industry in order to enhance their competence.
• Undertakes effectively management of stakeholder partnerships in order to enhance collaboration on matters relating to market development.

• Policy recommendation drafting
• Regulation and standards development
• Market research
• Data collection, analysis, and publishing
• Market development sensitization
• Stakeholder management
• Capacity building

• Full Grade 12 certificate or equivalent with credit or better in Mathematics and English.
• Bachelor’s Degree in Statistics, Economics, Finance, Business Administration or equivalent.
• Membership to relevant professional institution.