Actuarial Analyst – Actuarial Services
Location | Nairobi, Kenya |
Date Posted | April 3, 2023 |
Category |
Administration
|
Job Type |
Full-time
|
Currency | KES |
Description
Job Purpose:
To provide actuarial support to the assigned LOB and participate in overall risk management for the company
Key responsibilities
- Select appropriate reserve calculation method and calculate reserves
- Provide analysis to support the renegotiation of the existing contracts
- Provide input in product development for the LOB
- Product pricing and setup in the actuarial pricing and valuation system
- Review and monitor experience on all products to inform decision making including profit testing of existing products
- Provide comprehensive actuarial reports to the business each quarter and highlight key issues on an ongoing basis including solvency and capital monitoring
- Address all areas raised by the IRA in their risk inspection and continue to highlight emerging risks
Knowledge, experience and qualifications required
- University Degree in actuarial science, statistics, engineering, mathematics, physics, economics or related field with strong emphasis on mathematical proficiency
- 2-4 years’ experience in a similar position
- Progress in Institute of Actuaries examinations (9 papers)