Deputy Manager – Actuarial job at Kenindia Assurance Company Limited
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679 Days Ago
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Vacancy title:
Deputy Manager – Actuarial

[ Type: FULL TIME , Industry: Insurance , Category: Management ]

Jobs at:

Kenindia Assurance Company Limited

Deadline of this Job:
27 January 2023  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Sunday, January 15, 2023 , Base Salary: Not Disclosed

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

JOB DETAILS:

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 Resonsibilities
• 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.

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

Apply before Monday, 27th January, 2023. All applications and CVs should be sent on our email address: recruitment@kenindia.com 


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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Management jobs in Kenya
Job Type: Full-time
Deadline of this Job: 27 January 2023
Duty Station: Nairobi
Posted: 15-01-2023
No of Jobs: 1
Start Publishing: 15-01-2023
Stop Publishing (Put date of 2030): 15-01-2066
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