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

[ Type: FULL TIME , Industry: Insurance , Category: Finance, Insurance & Real Estate ]

Jobs at:

Jubilee Insurance

Deadline of this Job:
25 October 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Date Posted: Tuesday, October 18, 2022 , Base Salary: Not Disclosed

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Learn more about Jubilee Insurance
Jubilee Insurance jobs in Kenya

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

• Minimum of three (3) years’ relevant experience, one (1) of which is at a supervisory level

Closing: 25 Oct, 2022

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  quoting the Job Reference Number and Position

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 25 October 2022
Duty Station: Nairobi
Posted: 18-10-2022
No of Jobs: 1
Start Publishing: 18-10-2022
Stop Publishing (Put date of 2030): 18-10-2065
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