KEY TASKS AND RESPONSIBILITIES<\/p>\n
\tTechnical Actuarial Support: Conduct and\/or review internal actuarial liability valuations for relevant insurance subsidiaries and analysis of profitability\/surplus,
\n\tReview of external actuaries\u2019 report and collaboration with the appointed actuaries to produce the Financial Condition Report.
\n\tExperience Investigations: Perform profitability analysis, experience analysis, and other relevant actuarial investigations to inform business decisions.
\n\tProduct Profitability Review: Perform profitability analysis, experience analysis, and other relevant actuarial investigations for Old Mutual to inform business decisions.
\n\tSolvency and Capital management: Carry out solvency computation for the BUs on a risk-based capital basis including solvency stress tests.
\n\tFinancial Modeling: assist with financial modeling of business scenarios\/projects to inform business decision making.
\n\tStrategy and Business Planning Support: assist with business planning financial projections and solvency projections for the Business Units. Perform stress and scenario analysis on the plan numbers.
\n\tReinsurance Support: Carry out a reinsurance analysis for the Life Kenya subsidiaries to explore ways to optimize on reinsurance arrangements.
\n\tReporting and Documentation: Presentation of results and reports to businesses and subsidiary boards committees. Preparation of Board Papers and regulatory solvency and valuation reports.
\n\tRisk Management support: assist the Life Business Units and Risk Department in identifying, quantifying risk (insurance, market, credit risks etc.) where appropriate. Formulate appropriate risk mitigation measures for the BUs and develop a risk register for an enterprise in CURA (Risk System).
\n\tInvestment Strategy support: Develop\/formulate appropriate investment strategies and\/or review and monitoring of investment strategies for Old Mutual Life businesses.
\n\tOther reasonable duties that may be assigned by management.<\/p>\n
SKILLS AND COMPETENCIES<\/p>\n
\tAnalytical Skills
\n\tData Handling knowledge
\n\tBusiness Awareness
\n\tProblem Solving Skills
\n\tCommunication and Presentation skills
\n\tAbility to prioritize and work on a wide range of deliverables at once
\n\tWorking under minimal supervision
\n\tGood interpersonal skills
\n\tProficiency in Microsoft office packages<\/p>\n
KNOWLEDGE & EXPERIENCE <\/p>\n
\tIFRS17 Knowledge
\n\tFamiliar with the current Insurance regulations, Capital markets and Central Bank regulations
\n\tStrong actuarial technical skills
\n\tStrong analytical skills
\n\tStrong data programming skills<\/p>\n
QUALIFICATIONS <\/p>\n
\tBachelor of Actuarial Science or other related finance or mathematics degree
\n\tMinimum 5 years actuarial experience
\n\tActuarial Knowledge: Show progress with actuarial examinations, Minimum 7 papers from a recognized actuarial body<\/p>\n
Apply Through:<\/p>\n
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