Actuarial Manager – General Insurance Jobs in Kenya

Actuarial Manager – General Insurance Jobs in Kenya


Primary Responsibilities:

  • Review and test models and assumptions on actuarial valuation for the relevant general insurance subsidiaries;

  • Price new products and provide ratings guidelines for the relevant general insurance subsidiaries;

  • Provide actuarial input in the Product Development Process for the relevant general insurance subsidiaries;

  • Monitor and analyse experience investigations (claims, expenses etc.) and other actuarial investigations for the relevant general insurance subsidiaries;

  • Formulate the investment strategy and review of the investment performance to provide insights for the relevant general insurance subsidiaries;

  • Review and provide insights on solvency position and capital requirements;

  • Perform long term financial projections to support decision making;

  • Review of reinsurance arrangements and give recommendations on suitability of the reinsurance arrangements;

  • Prepare and present quarterly industry analysis report for the subsidiaries and

  • Prepare draft quarterly Board Papers;

  • Participate in special projects such as the IFRS 17 implementation support as well as other projects requested by the relevant general insurance subsidiaries.

    Generic Duties

  • Performance appraisal for Direct Report;

  • Support in Group Initiatives.

    Person Specifications

    Academic
    Qualifications


  • Actuarial Science or related field.

    Professional Qualifications

  • Part Qualified Actuary from IFoA/SOA;

    Experience

  • Minimum of six (6) years’ relevant experience, two (2) of which should be in a supervisory role.

    Skills and Attributes

  • Knowledge of actuarial software in terms of capabilities and output as well as strong data programming skills.

  • Excellent communication and presentation skills.

  • Problem solving skills’.

  • Excellent interpersonal skills.

  • Leadership skills with high personal integrity.

  • Good analytical skills.

  • Computer literate in MS Office and other office applications.

    How to Apply

  • For more information and job application details, see; Actuarial Manager – General Insurance Jobs in Kenya


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