Jobs at:Jubilee Insurance
Deadline of this Job:
18 September 2022
Date Posted: Monday, September 12, 2022 , Base Salary: Not Disclosed
Job Ref. No. JLIL096
Main Purpose of the Job (Job Summary)
The role provides actuarial modelling and reporting in product development & profit-testing, IFRS17, solvency, risk capital, management and financial reporting, regulatory compliance.
• Actuarial reporting for financial & regulatory compliance: Including actuarial reserving, IFRS17 modelling, Financial Condition Report, Solvency, Risk Based Capital reports
• Product Development: -
• Pricing, profit-testing, system set-up
• Development of policy documents for new products
• Developing illustrations for new products
• Ongoing profitability monitoring of the product
• Scenario & sensitivity testing
• Actuarial experience analyses including mortality investigations; persistency; expenses; investment returns; analysis of reserves & surplus
• Value of new business, embedded value & Asset Liability Management valuations
• Projections and Budgeting: Projected actuarial reporting for financial statements & strategic planning
• Actuarial risk technical modelling and use of internal models
• Gives leadership and technical direction to staff under supervision in performing actuarial functional work
• Perform other duties as may be assigned from time to time
• Bachelor’s Degree in Actuarial Science, Statistics, Mathematics or any other related field
• Professional actuarial exams (minimum of 7 exams completed)
• Accountability for results
• Team management
• Actuarial judgement skills
• Minimum of three (3) years’ relevant experience, one (1) of which is at a supervisory level.
Work Hours: 8
Experience in Months: 36
Level of Education: Bachelor Degree
Job application procedure
If you are qualified and seeking an exciting new challenge, please apply via Recruitment@jubileekenya.com quoting the Job Reference Number and Position by 18th September 2022.
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