Summary
Date Posted: Sunday, January 29, 2023 , Base Salary: Not Disclosed

JOB DETAILS:

Job Ref. No. JLIL118

Role Purpose
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, Embedded Value, Risk Based Capital reports.
• Product Development: -
• Pricing, profit-testing, system set-up
• Development of policy documents for new products
• Developing illustrations for new products
• Scenario & sensitivity testing
• Actuarial experience analyses including mortality investigations; persistency; expenses; investment returns; analysis of reserves & surplus
• Projections and Budgeting: Projected actuarial reporting for financial statements & strategic planning
• Actuarial risk technical modelling and use of internal models
• Perform other duties as may be assigned.

Key Competencies
• Strong analytical skills.
• Actuarial modelling skills: Excel, VBA, actuarial software.
• Experience in IFRS17 is an added advantage.
• Delivering results and self-driven.

Qualifications
• BSc. Actuarial Science or Statistics or Mathematics, or equivalent with strong mathematical proficiency – required.
• Professional actuarial exams progress – Minimum 4 exams with recognized body such as IFOA, SOA

Relevant Experience
• Minimum of two (2) year relevant experience in an actuarial role involving life insurance actuarial valuations

Work Hours: 8

Experience in Months: 24

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 6 th February 2023. Only shortlisted candidates will be contacted.

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