Bid to ‘Kuwaitize’ top insurance sector jobs

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KUWAIT CITY, Feb 21: The Insurance Regulatory Unit will soon oblige insurance companies to Kuwaitize supervisory posts in line with the State’s strategy to localize the insurance sector in order to enhance the participation of citizens in developing market competitiveness; thereby, creating an attractive work environment for Kuwaiti professionals and qualifying them as per the manpower needs of the sector, reports Al-Anba daily quoting sources.

Sources revealed the unit intends to establish a link with the concerned governmental and private agencies like the Public Authority for Manpower (PAM) and Public Institution for Social Security (PIFSS) to implement the decision by the end of this year.

Sources explained the unit’s decision to Kuwaitize supervisory jobs in the insurance sector is not just a quantitative approach, as it will also focus on the qualitative aspect. Sources said the citizens will be trained scientifically and technically to ensure they are qualified for the supervisory posts. Sources disclosed the unit has laid down a new strategy for Kuwaitization, which is based on a new principle to encourage citizens to assume high positions in the insurance sector and to increase the Kuwaitization rate through the participation of nationals at various job levels in accordance with an integrated principle that supports the Kuwait 2035 vision.

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