Vacancy title:
Actuarial Assistant
Jobs at:
APA Life Assurance Company LtdDeadline of this Job:
13 October 2022
Summary
Date Posted: Sunday, October 09, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
Primary Responsibilities
• Assists in the Pricing of insurance contracts/schemes and tenders to ensure competitiveness and business profitability
• Assist in conducting investigations and Providing guidance on adequacy of reinsurance arrangements
• Conduct Research and advice on innovations and industry/international best practices for the business to adopt and implement.
• Assist in analyzing the quality of data held in our databases for gaps and recommend remediation measures.
• Assist in product development and preparing business cases for respective products, for both internal and external stakeholders.
• Assist in granular loss experience analysis and generate management reports on recommended actions.
• Assist in the implementation of IFRS 17 on data requirements and report compilation as directed by the team lead.
• Assist in the Automation of Reserving models using programming software.
• Assist in developing and maintaining effective actuarial reports of business historical performance with suggested management actions and recommendations.
• Support in any ad hoc analysis in the department as directed by team lead.
Academic Qualifications
• Bachelor’s Degree in Actuarial Science, Data Science, Statistics, Computer Science or any other related field.
Job skills and Requirements
• Proficiency in Word, Excel, PowerPoint
• Good programming skills: Oracle BI/Python/R/C++/Power BI
• Good knowledge of regional financial regulatory requirements;
• Strong communication and written skills and proficiency in English;
• Displays high motivation, flexibility, adaptability, initiative, self-drive, and a fast learner.
Experience
• At least 2 years’ experience in actuarial role.
• Good understanding of the insurance industry will be an added advantage
Work Hours: 8
Experience in Months: 24
Level of Education: Bachelor Degree
Job application procedure
• If you meet the above qualifications, please send your Cover letter and CV to: recruitment@apollo.co.ke with the position as the subject of the email on or before 13th October 2022. Only shortlisted candidates will be contacted.
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