Actuarial Assistant

Date Posted: Oct. 11, 2022, 5:22 a.m.

APA Life Assurance

Job Description

Primary Responsibilities

  • Assists in the Pricing of insurance contracts/schemes and tenders to ensure competitiveness and business profitability
  • Assist in conducting investigations and Providing guidance on adequacy of reinsurance arrangements
  • Conduct Research and advice on innovations and industry/international best practices for the business to adopt and implement.
  • Assist in analyzing the quality of data held in our databases for gaps and recommend remediation measures.
  • Assist in product development and preparing business cases for respective products, for both internal and external stakeholders.
  • Assist in granular loss experience analysis and generate management reports on recommended actions.
  • Assist in the implementation of IFRS 17 on data requirements and report compilation as directed by the team lead.
  • Assist in the Automation of Reserving models using programming software.
  • Assist in developing and maintaining effective actuarial reports of business historical performance with suggested management actions and recommendations.
  • Support in any ad hoc analysis in the department as directed by team lead.

Academic Qualifications

  • Bachelor’s Degree in Actuarial Science, Data Science, Statistics, Computer Science or any other related field.

Job skills and Requirements

  • Proficiency in Word, Excel, PowerPoint
  • Good programming skills: Oracle BI/Python/R/C++/Power BI
  • Good knowledge of regional financial regulatory requirements;
  • Strong communication and written skills and proficiency in English;
  • Displays high motivation, flexibility, adaptability, initiative, self-drive, and a fast learner.

Experience

  • At least 2 years’ experience in actuarial role.
  • Good understanding of the insurance industry will be an added advantage

How To Apply

Interested and qualified candidates should send their applications to [email protected] and [email protected] for Software Development role

Apply for this Job Now

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