Deputy Manager – Actuarial

Date Posted: Jan. 15, 2023, 8:03 a.m.

Kenindia Assurance Company Limited

Job Description

Assist Head of Actuarial to meet Overall company strategy & objectives of business growth, profitability and sustainability through coordination of day to day actuarial function roles.

Main Resonsibilities

Assist in performing internal actuarial valuations and Quarterly reporting IRA and Board.

Coordinate IFRS 17 implementation.

Carry out business and experience studies to update actuarial assumptions for valuation, pricing and risk assessment.

Provide underwriting and reinsurance support for pricing and risk assessment selections including financial, business and trend analysis.

Assist in product development and review of premium rates on request by carrying out research to assess company competiveness.

Actuarial correspondence with stakeholders and finance by addressing raised queries

Review and updating internal actuarial policies as and when required.

Training & mentoring of actuarial staff to achieve highest levels of performance.

Any other duties assigned

Key deliverables

Collecting data, validating data and following established guidelines to minimize errors.

Product development & pricing.

Regular & accurate actuarial analysis.

Training and development by pursuing actuarial credential by sitting for actuarial exams on a regular basis and attending professional development trainings.

Job Specifications    

Academic Qualifications

Bsc.in  Actuarial, Statistics or Mathematics

Professional Qualifications

Passed at least (5-10)/15actuarial exams

Key Job Skills (specific to the job)

Leadership skills

Analytical Skills

Business/Market Awareness

Familiar with regulatory framework

knowledge of IFRS17 implementation would be an added advantage

Actuarial modelling

Risk Management

General Skills 

Communication skills

Interpersonal skills

Customer Service

IT skills (fluency)

Our Competencies/Behaviours

Integrity 

Reliability 

Transparency 

Professionalism 

Teamwork 

Quality     

Experience

At least 5yrs years of relevant work experience with 2 years in management.

How To Apply

Interested and qualified candidates should apply to Kenindia via the link Career Openings and Kenindia

Apply for this Job Now

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