Actuarial Associate at Britam Insurance

Jamii Opportunities · 2022-08-22T06:29:52+00:00

Job Description Actuarial Associate – (2200003Q) Job Purpose and Key responsibilities Job purpose The role holder is responsible for assisting in the day to day running of the Actuarial unit by performing data checks and analysis; experience investigations, business projections and valuation of technical liabilities for the assigned business unit. Key responsibilities Coordinate with the assigned business units in the preparation of valuation data. Timely calculation and reporting of accurate insurance technical liabilities provided for monthly financial reporting as well as carrying out Reserve Adequacy Tests. This includes preparation of reports on valuation results. Timely calculation of solvency on monthly basis. Carry out experience investigations as directed e.g. on expenses, product portfolio experience, intermediary loss ratio reports, etc. Participate in product development as and when required including modelling, profit and sensitivity testing. Assist in product pricing and setup in the actuarial pricing and valuation system. Carry out business projections for the annual business planning exercise, strategy reviews and for capital management / Solvency purposes as well as Stress and Scenario testing on the projections. Ensuring compliance to regulatory requirements. Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard. Perform any other duties as may be assigned from time to time. Key Performance Measures: STRATEGIC PERSPECTIVE KPI’S INITIATIVES PERSPECTIVE KPI’S OPERATIONAL PERSPECTIVE KPI’S N/B: Refer to annual Personal Score Card (PSC) for further details. Working Relationships: Internal Relationships; Required to liaise and work closely with all Britam staff External Relationships; Statutory bodies External Consultants/Auditors Knowledge, experience and qualifications required Knowledge, experience and qualifications required Bachelor’s degree in actuarial sciences, statistics or any mathematics related field. Passed a minimum of 2 Professional Actuarial Examinations. 0-2 years’ experience in a similar position Strong computer and business solutions software skills. Strong analytical and problem solving skills. The deadline for submitting the application is 2 September 2022. CLICK HERE TO APPLY

Thread starter Jamii Opportunities
Start date Aug 22, 2022
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insurance

Jamii Opportunities

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Actuarial Associate at Britam Insurance

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