CIC Group
ACTUARIAL MANAGER
Nairobi, Nairobi, Kenya - Full Time
PURPOSE:
The Actuarial Manager role provides support to the Subsidiaries and other support functions in the Group such as Finance and Risk. The role involves providing actuarial analysis for the Subsidiaries to ensure the company is always aware of its financial liability position, risks and market dynamics.
PRIMARY RESPONSIBILITIES:
Review and test models and assumptions on actuarial valuation for the subsidiary
- Price new products and provide ratings guidelines for the subsidiary.
- Monitor and analyze experience (claims, persistency, expenses etc.) for the subsidiary
- Review and analyze the investment performance to provide insights for the subsidiary
- Perform asset liability matching position for the business
- IFRS 17 financial reporting for the business
- Review and provide insights on solvency position and capital requirements
- Perform long term financial projections to support decision making
- Review data validation checks on business and finance data sets and reports
- Review of reinsurance arrangements and give recommendations on suitability of the reinsurance arrangements
- Prepare and present quarterly industry analysis report for the subsidiaries and
- Prepare draft quarterly Board Papers.
- Support in special projects of the company
- BSc. Actuarial Science or Statistics or Mathematics
- Diploma in Actuarial Techniques.
- Certificate in Finance and Investment
- 4 years of relevant experience
