Summary
Date Posted: Sunday, October 09, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Key Primary Responsibilities
• Pricing of medical insurance contracts/schemes and tenders to ensure competitiveness and business profitability
• Work with internal business development team in Product development, review existing products performance and features and advise management on appropriate changes to adopt.
• Perform claims experience analyses to monitor client performance. Prepare clients’ claims experience reports detailing the performance status of the contracts/schemes.
• Supporting on data analytics and business intelligence analytics on the medical class of business. Conduct cleaning and management of data used in various projects.
• Carry out actual Reserving for claims, premiums and expenses, and other financial projections.
• Carry out reinsurance utilization analyses and provide guidance on adequacy of reinsurance arrangements
• Developing and Maintaining effective actuarial reports of business historical performance with suggested management actions and recommendations.
• assist the department in identifying, quantifying risk where appropriate and formulating appropriate risk mitigation measures.
• Conducting research work within the Line of Business, aligning with local and international industry developments.
• Assist in client communication management, including drafting of reports, presentations, actively participate with team members in client meetings
• Participate in cross-departmental team activities to support organizational needs as may be required;
• Supporting the IFRS 17 implementation

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, team-orientation, adaptability, initiative, self drive, ownership of work, and a fast learner.

Personal Qualifications
• Relevant Actuarial professional examinations- a minimum of 3 professional exams

Experience
• At least 2 years’ experience in an actuarial role.
• Experience as an actuarial analyst within health Insurance environment is preferred.
• 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.

All Jobs

QUICK ALERT SUBSCRIPTION