Summary
Date Posted: Wednesday, June 08, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Actuarial Assistant
REF: AA/09

Job purpose
The position is responsible for collection of data to be used for analysis and preparation of actuarial reports.

Job Specifications
• Duties and responsibilities will entail:
• Compile data for analysis of products, premium rates, financial condition reports and technical reserves for insurers.
• Compile data for preparation of capital adequacy ratios in accordance with the provisions of the insurance act.
• Compile data for data analysis and preparation of reports on insurance industry performance as required by the Insurance Act;
• Compile data for analysis of financial stability of insurers and implementation of macro prudential policy including carrying out regular macro stress tests and preparing documents for public communication on the tests
• Assist in logistics in the department such as organization for meetings, workshops and smooth flow of information.

Persons Specifications
• Higher Diploma in Actuarial Science, Statistics, Insurance, Finance, Economics, Law, or its equivalent with three (3) years relevant experience
OR
• Diploma with four (4) years relevant experience.
• Certificate in Computer Proficiency.
• Meets provision of chapter six of the Constitution.

Competencies and skills
• Strong communication and presentation skills
• Good analytical skills
• Problem solving
• Professionalism

Job Experience: No Requirements

Work Hours: 8

Job application procedure
• Suitably qualified and experienced individuals should submit applications enclosing a detailed curriculum vitae (CV), copies of relevant academic and professional certificates/testimonials and a copy of National Identity Card.
• The CV must at the minimum provide details of the applicant’s email address, day-time mobile telephone numbers, details of current employer, current remuneration and names and contacts of three (3) referees familiar with the applicant’s professional background and experience.
• Applications, addressed to the undersigned, may be delivered at the Insurance Regulatory Authority (Registry Section) at Zep-Re Place, 2nd Floor, Longonot Road, Upper Hill. Please note that these should be sealed, marked “Confidential” and indicate the job reference (e.g “REF:SO/01” for Supervision Officer). Alternatively, they may be sent by post or email to:
Commissioner of Insurance & Chief Executive Officer
Insurance Regulatory Authority
Zep-Re Place
P.O Box 43505-00100
Nairobi
EMAIL : careers@ira.go.ke 
Applications must be received by close of business on 21st June 2022.
Compliance Requirement:
In accordance with The Employment (Amendment) Act, 2022, the Authority will require candidates it wishes to enter into a written contract of service with to comply with Chapter Six of the Constitution by submitting mandatory compliance and clearance certificates from the relevant entities

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