Deputy Manager - Actuarial job at Kenindia Assurance Company Limited
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783 Days Ago
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Vacancy title:
Deputy Manager - Actuarial

[ Type: FULL TIME , Industry: Insurance , Category: Admin & Office ]

Jobs at:

Kenindia Assurance Company Limited

Deadline of this Job:
12 October 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Friday, September 30, 2022 , Base Salary: Not Disclosed

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Learn more about Kenindia Assurance Company Limited
Kenindia Assurance Company Limited jobs in Kenya

JOB DETAILS:
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.

Work Hours: 8


Experience in Months: 60

Level of Education:
Bachelor Degree

Job application procedure
• Interested and qualified? Click here to apply

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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Administrative jobs in Kenya
Job Type: Full-time
Deadline of this Job: 12 October 2022
Duty Station: Nairobi
Posted: 30-09-2022
No of Jobs: 1
Start Publishing: 30-09-2022
Stop Publishing (Put date of 2030): 30-09-2065
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