Assistant Manager - Actuarial

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

Kenindia Assurance Company Limited

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

  • Bsc.in Actuarial, Statistics or Mathematics

Professional Qualifications

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

Key Job Skills (specific to the job)

  • Proficiency in Excel
  • Analytical Skills
  • Business/Market Awareness
  • Continuous Innovation
  • Familiar with regulatory framework
  • Insurance Skills (special Category)
  • 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 experience

How To Apply

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

Apply for this Job Now

Related Jobs

Madison Group

Actuarial Analyst

Madison Group careers, Madison Group salaries. 2022 Job vacancies at Madison Group for Actuarial Analyst in Kenya. Apply today.

banking & insurance Nairobi, Kenya Nov/25/2022
Old Mutual

Broker Consultant

Old Mutual careers, Old Mutual salaries. 2022 Job vacancies at Old Mutual for Broker Consultant in Kenya. Apply today.

banking & insurance Nairobi, Kenya Nov/18/2022
Jubilee Insurance

Care Manager (Field)

Jubilee Insurance careers, Jubilee Insurance salaries. 2022 Job vacancies at Jubilee Insurance for Care Manager (Field) in Kenya. Apply today.

banking & insurance Nairobi, Kenya Nov/17/2022
Britam

Corporate Audit Assurance Manager

Britam careers, Britam salaries. 2022 Job vacancies at Britam for Corporate Audit Assurance Manager in Kenya. Apply today.

banking & insurance Nairobi, Kenya Nov/16/2022