Actuarial Specialist: Short Term Insurance at Old Mutual Kenya

 About Old Mutual Kenya

Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment. We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.

Job Description


The incumbent will be responsible for carrying out technical actuarial work, often using complex systems and packages. The incumbent has responsibility for specific deliveries and is individually accountable for achieving results through own efforts.


Provide the following services to Old Mutual General Insurance and Health business by working through the Group Actuarial Team:


Technical Actuarial Support: Conduct and/or review internal actuarial liability valuations, analysis of profitability/surplus.

Aggregation of Results: Collate, review and interpret actuarial results.

Undertake and review: Pricing, profitability, experience analysis, and other relevant actuarial investigations to inform business decisions.

Product/Services Development, Pricing and Management: provide technical input in product development exercises, product lifecycle management and monitoring, existing products assessments and reviews, new products pricing and review of premium rates for existing products for the company.

Risk Management Support: assist BUs/Risk Department in identifying, quantifying risk (insurance, market, credit risks etc.) where appropriate and formulating appropriate risk mitigation measures.

Solvency and Capital management: Carry out solvency computation on the current regulatory capital regime including solvency stress tests and Risk Based Capital calculations.

Investment Strategy Support: assist in developing/formulating appropriate investment strategies and/or review of, and monitoring of investment strategies for the company

Strategy and Business Planning Support: assist with business planning financial projections, strategy development and review, market and competitor analysis, internal business/financial analysis and make proposals on the company’s medium to long term strategic plans.

Experience Monitoring: Conduct claims experience analysis, expense investigations, persistency/business retention studies, and other relevant actuarial investigations for the company to inform business decisions and to assist in actuarial work.

Documentation: Preparation and presentation of the required actuarial and other reports to the management, Boards and regulators especially Annual Valuation and Financial Condition Reports and Quarterly Solvency Statements to the regulator, Board and Management.

KNOWLEDGE AND EXPERIENCE


Familiar with the current Insurance, Capital markets and Central Bank regulations

Strong actuarial technical skills

Strong analytical skills

Strong data programming skills

QUALIFICATIONS


Bachelor of Actuarial Science.

Minimum 2 years actuarial experience

Actuarial student with minimum 6 credits from recognized actuarial body


Method of Application

Interested and qualified? Go to Old Mutual Kenya on oldmutual.wd3.myworkdayjobs.com to apply

Comments

Post a Comment

Popular posts from this blog

Kinness Foods Recruitment

Image
  About Kinness Foods  Kinness Foods is a hospitality and food company in Kenya. PURPOSE: Ensure timely, quality and professional service to all restaurant guests. PRIMARY RESPONSIBILITIES: Welcoming guests/customers and taking their orders. To this end ensure that you are to be present at your work station at all times as required; customers should not be kept waiting for service unnecessarily. Proper handover should be done during periods absent from the work station e.g during meal breaks. Serving guests and ensuring proper portioning of all foods. Observe professionalism during service to include polite and pleasant address to the guests and proper presentation of foods/drinks served to the guests. Ensure cleanliness and orderliness of the service area at all times Anticipate guest/customer needs and ensure all items needed for service are available for speedy service. Maintain documentation as required. Method of Application  Interested and qualified candidates shoul...
Read more

Regional Director of Monitoring, Evaluation & Learning at Inkomoko

 About Inkomoko Inkomoko’s vision is an Africa with thriving communities where young people and refugees are engaged, communities have access to relevant innovations for self-determination, and where African solutions are unleashed to solve African problems. Founded in 2012, Inkomoko has provided business advisory and access to finance for thousands of entrepreneurs across East Africa. As the largest investor in refugee businesses, we have disbursed more than $6M in capital to more than 3000 clients. This affordable finance for Inkomoko entrepreneurs helps them grow their businesses, create jobs, and improve their livelihoods. As we look forward, Inkomoko is developing new ways to engage communities to thrive. Creating meaningful market linkages, expanding to secondary cities, and advocating for economic inclusion, Inkomoko has added these community-based approaches to our enterprise development work. By 2030, Inkomoko will be in 8 countries, serving more than half a million small ...
Read more

QSSK-SCA-Supply Chain Analyst at Q-Sourcing Servtec Group

 About Q-Sourcing Servtec Group Q-Sourcing Servtec Group is a global management consulting firm that helps people make significant improvements to their business performance and realize their most important career goals. With over 15 years in business and a combined 25 years plus personnel experience, we have built a company uniquely equipped to provide quality personnel & skill individuals to improve productivity through customized services. Q-Sourcing Servtec group is a member of Servtec International Group, a business solutions group with presence in over 13 countries worldwide with consistent excellence in Human Resources Management, Training, Fire Fighting and SHEQ support. At Q-Sourcing Servtec Group, we are known for neatly solving the most complex business challenges through innovative offerings. Job Summary: We looking for an outgoing and dynamic Supply Chain Analyst for our furniture retail business. Who will play a crucial role in managing and optimizing our supply c...
Read more