Summary
Date Posted: Tuesday, July 12, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Actuarial Services Manager

The Role
Key responsibilities
The Actuarial Services Manager will provide leadership to the actuarial team and provide other technical and actuarial services.
The position has the following key responsibilities:
• Quarterly and annual statutory valuations in accordance with the Insurance Act;
• Regular actuarial review of insurance products, pricing and profitability;
• Review of insurer assets and liabilities and actuarial reserves;
• Actuarial advice input on strategic planning;
• Leadership and management of the actuarial unit.

Minimum Requirements
Qualifications and experience:
Qualified candidates are required to have the following qualifications and experience:
• B.Sc degree in Actuarial Science;
• Preference will be given to candidates who have a Master’s degree in either Actuarial Science or Business Administration;
• Membership to the Institute and Faculty of Actuaries or any other body;
• Be an Associate member of the Actuarial Society of Kenya;
• Have at least 8 years’ experience in the insurance industry;
• Experience in product development including design, profitability, testing and capital requirements;
• Experience in actuarial reserving for Life and Pensions
• Actuarial valuations for internal and external requirements;
• Project management and report writing.

Work Hours: 8

Experience in Months: 96

Job application procedure
Qualified candidates are requested to forward their applications together with their CV’s and copies of documents to the Group Human Resources Manager on hr_recruitment@madison.co.ke  not later than 22 nd July, 2022

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