Actuarial Analyst at Jubilee Insurance

Job Ref. No. HRJIC634

We currently have an exciting career opportunity for Actuarial Analyst, Jubilee Health Insurance Limited. The position holder will report to the Manager, Actuarial Risk and will be based at Head Office in Nairobi.

Role Purpose

The main purpose is to evaluate and provide advice to Jubilee Health Insurance Limited regarding product development and pricing activities, risk modelling, reserving, data analytics, adequacy of reinsurance arrangements and compliance with related statutory and regulatory requirements.

Main Responsibilities

• Providing advisory on the insurer’s actuarial and financial risks.
• Evaluating and providing advice on risk modelling and use of internal models where applicable.
• Providing guidance on the selection of key actuarial assumptions.
• Pricing of insurance contracts.
• Product development, reviews and advisory
• Experience monitoring
• Supporting on data analytics
• Reserving
• Scenario and sensitivity testing.
• Providing guidance on adequacy of reinsurance arrangements
• Developing and tracking pricing actuarial analytics
• Maintaining and developing effective actuarial reports of historical performance.
• Maintaining and distribute actuarial reports.

Key Competencies

1. Business Acumen
2. Performance Driven Individual
3. Market Awareness
4. Good Interpersonal Skills
5. Continuous Innovation
6. Ownership & Commitment
7. Team Spirit

Qualifications

1. Bachelor’s Degree in Actuarial Science or any other related field.
2. Proficient in the use of Microsoft Office Suite & Packages & R/Python Language
3. Passed 2 Actuarial examinations

Relevant Experience

Minimum of two years’ relevant experience in a similar position.