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Recruitment posting

Alberta Insurance Council

Competition #: 570
Ministry: Treasury Board and Finance
Opening Date: 07/13/2018
Closing Date: 08/19/2018
Role: Public Member

It is recognized in Alberta as a fundamental principle and as a matter of public policy that all persons are equal. Diversity and inclusion are valued and supported on the boards of Alberta's public agencies

Role Required

The President of Treasury Board, Minister of Finance is seeking applications from individuals interested in serving as a public member of Alberta Insurance Council (AIC).

Location
Meetings are held in either Edmonton or Calgary, with teleconferencing and videoconferencing options available.
About the Agency

Established in 1989, the AIC is a Crown-controlled organization with delegated authority by the Minister of Finance to provide administrative and investigative services to the General Insurance Council (GIC), Life Insurance Council (LIC) and Insurance Adjusters' Council (IAC). The GIC, LIC and IAC are the regulatory bodies responsible through ministerial delegation for the licensing and discipline of insurance agents and adjusters in Alberta. The AIC issues over 50,000 insurance certificates of authority each year, to 25,000 individuals and businesses. The GIC, LIC and IAC establish educational standards and conduct more than 5,000 examinations per year for individuals wishing to enter the insurance profession.

Role Description

Applications are currently being sought for one public member on the AIC, to be appointed by the Lieutenant Governor in Council. The appointee must be a resident of Alberta and must not hold a certificate of authority nor be employed by an insurer or a person who holds a certificate of authority. Each term of appointment is for a maximum of 3 years with the possibility of reappointment for one additional term.

The public member plays an oversight role in advancing the AIC’s mission of protecting the Alberta insurance consumer through the regulation of insurance intermediaries. The public member:

  • Provides strategic oversight of the AIC and direction on the organization’s corporate governance; and
  • Provides oversight of financial reporting, expense management and enterprise risk as well as appoints members to the Audit Committee.
Skills and Experience Required

An ideal candidate will have familiarity with the operations of Government of Alberta agencies, boards and commissions, and have experience with board governance, principles and best practices. A commitment to governance and accountability practices, a reputation for integrity and the ability to work collaboratively are essential. The appointment process recognizes the importance of reflecting the diversity of Alberta in the composition of the council and invites applications from candidates with diverse community backgrounds and work experience.

Remuneration and Time Commitment

The public member is remunerated according to the AIC's By-Laws (Article VII), which are approved by the Superintendent of Insurance, through delegation by the Minister:

  • $500 for each meeting or for educational/training seminar.

The public member is also entitled to be paid travelling and living expenses in accordance with the Travel, Meal and Hospitality Expenses Policy, as amended, or any order made in substitution therefor.

The public member opportunity requires a time commitment of approximately 12 to 14 half-days per year (half-day council meetings are held once per month, and attendance at additional stakeholder and strategic planning sessions may be required).

Meetings are held in either Edmonton or Calgary, with teleconferencing and videoconferencing options available.

Additional Documentation

In addition to your cover letter and resume, we require a biography. Click HERE to download form.

Once your biography and other required form(s) are completed, save it to your PC. When you hit 'submit application', you will be prompted to upload additional documents. Drag and drop (or upload) your completed cover letter, biography and other form(s) into the 'Drop files below or click to upload' section before clicking the 'apply' button.

Contact Information

Executive Search, Public Service Commission

Phone: 780-408-8460 Fax: 780- 422-0468

E-mail: executivesearch@gov.ab.ca

How To Apply

Carefully read the Recruitment Posting and the Position Profile to ensure this is an appropriate opportunity for you. Applicants are advised to provide information that clearly and concisely demonstrates how their qualifications meet the advertised requirements.

Online applications are preferred. To apply, click on the 'apply' button, create or sign into your account in the ePAAS system; upload your resume, view the listing under Current Opportunities and click on 'submit application'. The uploaded resume will be automatically attached.

Provide a short 4 line biography using the Biography template found under additional documents section. Your biography should include your name, current work experience, board/committee experience and relevant education. Please note that biographies may be edited for length and clarity.

Once your biography and other required form(s) are completed, save it to your PC. When you hit 'submit application', you will be prompted to upload additional documents. Drag and drop (or upload) your completed cover letter, biography and other form(s) into the 'Drop files below or click to upload' section before clicking the 'apply' button.

If you are unable to apply online, please submit a cover letter and resume, quoting the recruitment posting competition number, to the contact provided on the posting. We thank all applicants for their interest. All applications will be reviewed to assess which candidates' qualifications most closely match the agency's requirements. Only those selected for interviews will be contacted to advance to the next step in the appointment process. You can check the status of each competition on-line at https://www.alberta.ca/public-agencies.cfm.

All potential candidates will be screened for potential conflicts of interest. Please Note: Successful applicants will have the following information about them made publicly available on the Public Agency Secretariat Website: name, biography, public agency, and position title.

Agency Website:

Alberta Insurance Council