Insurance Regulatory Authority of Uganda Actuarial Officer Jobs in Uganda

Insurance Regulatory Authority of Uganda Actuarial Officer Jobs in Uganda

Purpose

Provide support for evaluating complex risks and assess the probability and potential financial
consequences of risks among licensed insurance players in accordance with the Insurance Act.

Duties and Responsibilities

Participate in activities aimed at implementation of Risk Based Supervision.

Update actuarial models at the Authority.

Verify estimates for technical provisions for insurance Companies.

Monitor insurance companies investments to ensure they are compliant with the standing
Investment Guidelines.

Review Actuarial valuation reports and liaise with Consultants and Actuaries, on actuarial matters including products, valuations, and critical business statistics required,

Monitor insurance companies compliance with the provisions of the Act in aspects such as
capital adequacy/solvency, investment etc.

Review new/modified insurance products, accompanying premium rates. Commission rates.

Participate in actuarial surveys/research.

Carry out any other duties assigned from time to time.

Key Performance Indicators

Timely submission of reports,

Updated actuarial models

Accurate costing of products.

Person Specifications

Qualifications

At least a Bachelor's (Honours) Degree in Actuarial Science, Mathematics, Statistics, Economics, Accounting, Computer Science or its equivalent from a reputable higher institution of learning.

Competencies and Knowledge

Practical actuarial valuation and pricing skills.

Personal presentation

Analytical skills

Communication skills

Interpersonal skills

How to Apply

For more information and job application details, see; Insurance Regulatory Authority of Uganda Actuarial Officer Jobs in Uganda

Find jobs in Uganda. Jobs - Uganda jobs. Search our career portal & find the latest Ugandan job positions, career opportunities & jobs in Uganda.

Jobs in Uganda - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Uganda.

Find your dream job from 1000s of vacancies in Uganda posted and updated daily - click here!