Insurance Regulatory Authority Actuarial Officer Jobs in Kenya
Insurance Regulatory Authority Actuarial Officer Jobs in KenyaJob SummaryResponsible for the implementation of actuarial policies and procedures as well as monitoring and evaluating their effectiveness in achieving the Authority’s goals and objectives
Key Responsibilities and main task
Analyse applications for new products
Analyse actuarial valuation and financial condition reports for life and general business insurance
Identify actuarial parameters suitable for the insurance industry
Analyse premium rates for general insurance companies
Analyse technical reserves for insurers
Develop and update IRA Electronic Regulatory System ERS) new releases and templates Policy development and Compliance
Participate in the formulation and development of actuarial policies and procedures
Participate in on-site inspections of insurance companies
Carry out actuarial investigation and analysis of the insurers and advice the management and the Board
Develop and update Risk Based Supervision (RBS) Models, Capital models and other Actuarial Models
Education and knowledge
Bachelors degree in Actuarial Science, Mathematics or Statistics or equivalent from a
Pursuing professional Actuarial qualification;
Member of the Institute of Actuaries (London) or Faculty of Actuaries (Scotland) or
similar professional body;
Proficiency in ICT
At least 1 year relevant experience;
Experience in preparation of analytical and numerical reports;
Experience analysing financial and statistical reports.
Strong communication and reporting skills;
Strong organization and inter personal skills;
Good analytical, investigative, auditing and inspection skills
Ethical and integrity;
Ability to work under pressure, prioritize and multi task
How to Apply
For more information and job application details, see; Insurance Regulatory Authority Actuarial Officer Jobs in Kenya
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