Deputy Manager - Actuarial

Date Posted: Oct. 3, 2022, 4:54 a.m.

Kenindia Assurance Company Limited

Job Description

Main Purpose of the Job - (Job Summary)

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 Responsibilities

  • 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.

Academic Qualifications

  • Bsc.in Actuarial, Statistics or Mathematics

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

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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