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Market Development Officer job at Insurance Regulatory Authority of Uganda (IRA) | Apply Now
Kampala, Uganda
Full Time
Are you looking for Administrative jobs in Uganda 2025 today? then you might be interested in Market Development Officer job at Insurance Regulatory Authority of Uganda (IRA)
About the Organisation
Established in 1997, the Insurance Regulatory Authority of Uganda (IRA) operates under the Ministry of Finance, Planning, and Economic Development, with the mission to create an enabling regulatory environment for a sustainable, inclusive, and reliable insurance industry. IRA has earned recognition as a model regulator of a secure and developed insurance sector, overseeing licensing, supervision, and regulation to ensure effective administration and control of insurance business in Uganda.
The Authority fosters a work culture rooted in professionalism, integrity, accountability, and innovation, offering employees opportunities to contribute to the growth and stability of Uganda's insurance industry. Operating from its headquarters in Nakasero, Kampala, IRA's reach extends nationwide, impacting both urban and rural communities through its regulatory functions. Its innovative business model emphasizes consumer protection, market development, and industry supervision, aiming to enhance public trust and participation in insurance services.
Guided by core values of professionalism, integrity, accountability, and innovation, IRA also engages in corporate social responsibility initiatives focused on consumer education and financial literacy to promote informed decision-making among the public. For more information, visit their website at www.ira.go.ug.
Job Title
Market Development Officer job at Insurance Regulatory Authority of Uganda (IRA)
Insurance Regulatory Authority of Uganda (IRA)
Job Description
Job Title: Market Development Officer
Position Type: Full-Time
Organization: Insurance Regulatory Authority of Uganda (IRA)
Department: Planning, Research & Market Development
Level: IRA 5Duty Station: Regional Office
Reports To: Senior Inspection Officer
Supervises: None
Position Summary:
The Market Development Officer is responsible for initiating, planning, and executing strategies aimed at promoting the development and growth of Uganda’s insurance sector. This role supports IRA’s mandate by enhancing public awareness, expanding access to insurance, and supporting market innovation and sustainability.
Duties, Roles and Responsibilities
Program Development & Execution:
Design and implement market development proposals and initiatives aligned with IRA’s strategic goals.
Develop detailed activity schedules and ensure timely execution of all planned initiatives.
Public Education & Outreach:
Organize and support public education events including presentations, workshops, exhibitions, and campaigns.
Develop and regularly update educational materials and communication tools to raise awareness about insurance.
Stakeholder Engagement:
Collaborate with internal departments and external partners to coordinate development activities.
Benchmark practices with other regulatory bodies to identify innovations and improvements in market development.
Monitoring & Reporting:
Prepare timely and comprehensive reports on the implementation and impact of market development activities.
Evaluate and recommend improvements for future programming.
Other Duties:
Perform any other duties as assigned by the supervisor or management.
Key Performance Indicators (KPIs):
Timely submission and implementation of market development proposals
Compliance with scheduled activity timelines
Number and quality of public education events conducted
Timely and insightful evaluation reports
Stakeholder engagement and satisfaction levels
Qualifications, Education and Competencies
Education:
A Bachelor’s Degree in Project Planning and Management, Business Administration, Social Sciences, Development Studies, Economics, or a related discipline from a recognized institution.
Experience:
Relevant work experience in public engagement, development planning, marketing, or insurance is an added advantage.
Key Competencies:
Strong communication and presentation skills
Public relations and interpersonal abilities
Analytical and problem-solving skills
Initiative, creativity, and adaptability
Ability to work independently and in a team setting
High personal integrity and professionalism
How to Apply
Interested candidates meeting the above criteria should submit their application letters, updated CVs, and contact details of three referees by 5:00 PM on 6th June 2025 to:
The Chief Executive Officer
Insurance Regulatory Authority of Uganda
Plot 6, Lumumba Avenue,
Insurance Tower
Email your application to: vacancies@ira.go.ug
NB: Only shortlisted Candidates will e contacted