Assistant Manager - Actuarial - Kenindia Assurance Company Limited| JobsearchKE

Assistant Manager - Actuarial

Date Posted: Oct. 3, 2022, 4:45 a.m.

Job Description

Main Purpose of the Job - (Job Summary)

Meet Overall company strategy & objectives of business growth, profitability and sustainability through actuarial analysis, product development and compliance with actuarial function’s statutory obligations.

Main Responsibilities

Assist in performing internal actuarial valuations and Quarterly reporting IRA and Board.
Perform basic data integrity checks by retrieving data and following established guidelines to minimize errors and support delivery of accurate information for sound actuarial analyses.
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.
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.

Academic Qualifications