Background

The Copperbelt University is a Public University established through an Act of Parliament No. 19 of 1987. The University’s core business is Teaching, Research, Innovation, Industrialisation and Community Engagement as a service to the nation. The University is an equal opportunity employer and hereby invites applications from suitably qualified and experienced candidates for appointment to fill in the following support staff positions:

Job Purpose

To manage and administer the University’s insurance portfolio to ensure adequate risk coverage and protection against potential losses. In addition, the role involves the administration of pension schemes to ensure accurate processing of benefits, compliance with pension regulations, and effective service delivery to the institution and members.

Qualifications and Experience:

• Grade 12 or Form V Certificate (or its equivalent) with 5 “0” levels Credit or better, including English and Mathematics;
• A Bachelor of Science in Pension and Insurance or Bachelor of Science in Insurance Studies;
• Three (3) years of practical working experience in insurance management; and
• Fully registered and paid-up member of the Chartered Institute of Insurance or a relevant association.

Required Competencies and Behavioral Attributes:

• Possess diplomacy and mature disposition to negotiate the best insurance coverage for the University;
• Be able to demonstrate knowledge of Insurance Management processes or procedures;
• Excellent interpersonal and communication skills;
• Excellent written and oral presentation skills;
• Takes responsibility for actions, projects, and work under own direction;
• Ability and willingness to work as part of a team and contribute fully to the work of the Department; and
• Computer Literacy and Analytical Skills.

Reporting Relationships:

• Immediate Supervisor: Management Accountant
• Salary Scale: PSS04

Additional Notes

“WOMEN ARE ENCOURAGED TO APPLY”

• Arranges appropriate insurance for the University and provides advice on insurance matters;
• Discusses insurance service requirements, taking into account any changes that have happened over the previous years or are about to happen within the Institution;
• Assess risk exposure and recommend suitable insurance coverage;
• Negotiates annually the insurance renewal, with the assistance of the University’s Insurance Partners;
• Manages the recording and processing of all claims made against the University, either by third parties or by the University, where damage has occurred to any of its insured properties;
• Reviews settled insurance claims to determine that payments and settlements have been made in accordance with Institution practices and procedures;
• Reports overpayments, underpayments, and other irregularities;
• Maintain accurate insurance records and policy documentation;
• Prepare pension reports, statements, and regulatory submissions;
• Liaise with fund managers, actuaries, trustees, and regulatory authorities;
• Monitor contribution remittances and reconcile pension accounts;
• Assist in pension scheme reviews and policy updates;
• Provides reports to appropriate officers and management on insurance and Pension matters;
• Prepare any ad hoc reports as requested by the Dean/Director/Head of Unit or Management Accountant; and
• Performs any other duties as may be assigned by the Supervisor.

• Possess diplomacy and mature disposition to negotiate the best insurance coverage for the University;
• Be able to demonstrate knowledge of Insurance Management processes or procedures;
• Excellent interpersonal and communication skills;
• Excellent written and oral presentation skills;
• Takes responsibility for actions, projects, and work under own direction;
• Ability and willingness to work as part of a team and contribute fully to the work of the Department; and
• Computer Literacy and Analytical Skills.

• Grade 12 or Form V Certificate (or its equivalent) with 5 “0” levels Credit or better, including English and Mathematics;
• A Bachelor of Science in Pension and Insurance or Bachelor of Science in Insurance Studies;
• Three (3) years of practical working experience in insurance management; and
• Fully registered and paid-up member of the Chartered Institute of Insurance or a relevant association.