Actuarial Analyst at Jubilee Insurance

Job Ref. No. JHIL017

Role Purpose

To Evaluate and provide advice to Jubilee Health Insurance Company 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

1. Providing advisory on the insurer’s actuarial and financial risks.
2. Evaluating and providing advice on risk modelling and use of internal models, as applicable.
3. Providing guidance on the selection of key actuarial assumptions.
4. Pricing of insurance contracts.
5. Product development and Product reviews and advisory.
6. Experience monitoring
7. Supporting on data analytics
8. Reserving
9. Scenario and sensitivity testing.
10. Providing guidance on adequacy of reinsurance arrangements.
11. Developing and tracking pricing actuarial analytics.
12. Maintaining and developing effective actuarial reports of historical performance.
13. Maintaining and distributing actuarial reports.

Key Competencies

1. Strong analytical and problem–solving skills
2. Financial modelling ability
3. Reporting skills
4. Project Management
5. Strong Interpersonal and Communication skills
6. Ability to prioritize & deliver within set timelines
7. A team player with strong customer focus

Qualifications

1. An undergraduate degree in Actuarial, mathematics or statistics
2. Passed at least 6 actuarial exams from the Institute of Actuary or Society of Actuary
3. Proficient in the use of Microsoft office suite and packages, SQL/R/Python language

Relevant Experience

At least 3 years of relevant experience especially in actuarial and analytics.