Vacancy title:
Deputy Manager – Actuarial
Jobs at:
Kenindia Assurance Company LimitedDeadline of this Job:
27 January 2023
Summary
Date Posted: Sunday, January 15, 2023 , Base Salary: Not Disclosed
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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