Actuarial Assistant at African Management Services Company (AMSCO)

The Actuarial Assistant will work within the actuarial team to assist in product development and pricing.

 Key responsibilities

• Assisting in pricing of crop and livestock products developed by Acre Africa
• Assisting in development of models for new/improved products, which includes (but is not limited to) validation of the data used as well as the models
• Preparation of  cover proposal documents for clients to enable them compare different covers available to them in terms of cost and coverage
• Monitoring contracts during the season and providing regular updates to team members
• Supporting account managers in ensuring that information relating to covers offered is correctly captured by the insurers and/or reinsurers  (i.e. ensuring that the technical information captured in policy documents, risk notes, term sheets, claim support documentation, etc., is correct)
• Perform other related duties as required by the supervisor

 Required skills and competencies

• Good analytical and reporting skills
• Creative thinker
• Excellent communication and interpersonal skills
• Effective problem solving and proactive skills
• Ability to maintain professionalism at all times
• Has to be a self-starter, self-motivated and able to perform well without immediate supervision
• Strong Computer skills, with advanced Excel skills and the ability to program in R
• Must be a team player
• Fluency in Swahili and English

 Required Qualifications

• BSc Actuarial Science, OR a strong mathematics or statistics degree with significant progress in the Actuarial Exams offered by the IFoA or the SOA
• At least 1 year relevant working experience in an actuarial position