Multiple Positions – Pensions and Insurance Authority

Job description

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. The Authority supervises and regulates entities operating in the pensions and insurance sector. This includes insurance companies, reinsurance companies, insurance intermediaries, pension schemes, pension fund managers and pension fund administrators.

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

1.0 INSPECTOR-PRUDENTIAL SUPERVISION, PENSIONS – TWO (2) POSITIONS

The Inspector Prudential Supervision will be responsible for risk analysis, assessments and inspections of regulated pension schemes/funds and related entities in order to enhance compliance to the Pension Scheme Regulation Act and sound financial and business practices.

Requirements: –

Full Form V/Grade 12 Certificate with credit or better in Mathematics and English.
Bachelor’s Degree in Accountancy/Business Administration/Full CA Zambia or equivalent
Membership to relevant professional institution
4 years’ relevant experience.

2.0 ACTUARIAL ANALYST – ONE (1) POSITION

The Actuarial Analyst will conduct detailed actuarial analysis on regulated entities in order to support effective regulation and supervision of pensions and insurance industries, and protect the interest of pension scheme members and policyholders.

Requirements: –

Full Form V/Grade 12 Certificate with credit or better in Mathematics and English.
Bachelor’s Degree in Actuarial Science, Statistics, Mathematics, or equivalent.
Be a registered member of a relevant actuarial professional body.
2 years relevant experience.

3.0 LEGAL OFFICER-ADVISORY AND LITIGATION-TWO (2) POSITIONS

The Legal Officer – Advisory and Litigation will provide legal services, advice and professional guidance to the Authority in order to ensure that the interests of the Authority are legally protected at all times.

Requirements:-

Full Form V/Grade 12 Certificate with credit or better in Mathematics and English
Bachelor’s Degree in Law
Advocate of the High Court
Member of the Law Association of Zambia
Post Graduate Diploma in Legislative Drafting
At least 4 years relevant experience

4.0 LEGAL OFFICER-ENFORCEMENT AND LITIGATION-ONE (1) POSITION

The Legal Officer Enforcement and Litigation will undertake enforcement of the law that the Authority administers and protect the interest of the Authority in order to ensure protection of pension scheme members and policyholders.

Requirements: –

Full Form V/Grade 12 Certificate with credit or better in Mathematics and English
Bachelor’s Degree in Law
Advocate of the High Court
Member of the Law Association of Zambia
At least 4 years relevant experience

5.0 SYSTEMS ADMINISTRATOR-ONE (1) POSITION

The Systems Administrator will administer and implement ICT systems in order to optimize operations of the Authority.

Requirements: –

Full Form V/Grade 12 Certificate or equivalent with credit or better in Mathematics and English.
Bachelor’s Degree in Computer Science/Information Technology/Computer Engineering
Membership to relevant professional institution.
At least 4 years relevant experience.

6.0 ADMINISTRATION OFFICER – ONE (1) POSITION

The Administration Officer will provide administrative and logistical support services in order to enhance smooth operations of the Authority.

Requirements: –

Full Form V/Grade 12 Certificate or equivalent with credit or better in Mathematics and English.
Bachelor’s Degree in Business/Public Administration or equivalent.
Membership to relevant professional institution.
At least 4 years relevant experience in administrative services with relevant exposure to logistics.

ASSISTANT ACCOUNTANT – TWO (2) POSITIONS

The Assistant Accountant will be responsible for payments and receipts, maintain the fixed assets register, stationery, petty cash, maintenance of logical filling system and collection and delivery of financial correspondence.

Requirements: –

Full Form V/Grade 12 Certificate with credit or better in Mathematics and English
Diploma in Accountancy/ACCA/CIMA/Part qualified CA Zambia or equivalent
Fully paid up member of ZICA
At least 3 years’ relevant experience

Mode of Application

Applicants meeting the above qualifications and experience should submit an application
letter, a Curriculum Vitae with certified or ZAQA verified copies of qualifications in a sealed envelope to the address below, not later than 9th July, 2025.

The Human Resource and Administration Manager
Pension and Insurance Authority
Stand No. 4618, Lubwa Road, Rhodespark
P/Bag 30x, Ridgeway
LUSAKA

Note: The Authority is an equal-opportunity employer and employs citizens from a variety of geographical, ethnic, religious, social and economic backgrounds. The Authority does not practice or tolerate favoritism or discrimination on any grounds protected by law, unless the law has specific provision for differential treatment or affirmative action. To that end, groups recognized by law as marginalized (such as persons with disabilities and female candidates) are strongly encouraged to apply if they meet the minimum criteria for the position.