Actuarial Associate job at Jubilee Insurance
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19 Days Ago
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Vacancy title:
Actuarial Associate

[ Type: FULL TIME , Industry: Insurance , Category: Insurance ]

Jobs at:

Jubilee Insurance

Deadline of this Job:
18 September 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Monday, September 12, 2022 , Base Salary: Not Disclosed

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JOB DETAILS:
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.

Main Responsibilities
• 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

Academic Qualifications
• Bachelor’s Degree in Actuarial Science, Statistics, Mathematics or any other related field
• Professional actuarial exams (minimum of 7 exams completed)

Key Competencies

• Accountability for results
• Diligence
• Team management
• Actuarial judgement skills

Experience

• 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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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 18 September 2022
Duty Station: Nairobi
Posted: 12-09-2022
No of Jobs: 1
Start Publishing: 12-09-2022
Stop Publishing (Put date of 2030): 12-09-2065
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