Assistant Manager at Kenindia Assurance Company Limited Jobs In Kenya
Main Purpose of the Job - (Job Summary)
Meet Overall company strategy & objectives of business growth, profitability and sustainability through actuarial analysis, product development and compliance with actuarial function’s statutory obligations.
Main Responsibilities
- Assist in performing internal actuarial valuations and Quarterly reporting IRA and Board.
- Perform basic data integrity checks by retrieving data and following established guidelines to minimize errors and support delivery of accurate information for sound actuarial analyses.
- Carry out business and experience studies to update actuarial assumptions for valuation, pricing and risk assessment.
- Provide underwriting and reinsurance support for pricing and risk assessment selections including financial, business and trend analysis.
- Assist in product development and review of premium rates on request by carrying out research to assess company competiveness.
- Actuarial correspondence with stakeholders and finance by addressing raised queries.
- Review and updating internal actuarial policies as and when required.
- Training & mentoring of actuarial staff to achieve highest levels of performance
2 or 3 Key Deliverables (specific to this position)
- Product development & pricing.
- Regular & accurate actuarial analysis.
- Training and development by pursuing actuarial credential by sitting for actuarial exams on a regular basis and attending professional development training
Relevant Experience
- At least +5yrs years of relevant experience
Academic Qualifications
- Bachelor of Science in Actuarial Science or Mathematics
Professional Qualifications
- Passed at least (5-10)/15actuarial exams
Key Job Skills (specific to the job)
- Proficiency in Excel
- Analytical Skills
- Business/Market Awareness
- Continuous Innovation
- Familiar with regulatory framework
Insurance Skills (special Category)
- Actuarial modelling
- Risk Management
General Skills
- Communication skills
- Interpersonal skills
- Customer Service
- IT skills (fluency)
Our Competencies/Behaviours
- Integrity
- Reliability
- Transparency
- Professionalism
- Teamwork
- Quality