Actuarial Analyst at Jubilee Insurance

Job Ref. No. JLIL237

Role Purpose

• The role holder will provide actuarial modelling and reporting in IFRS17, solvency, risk capital, management and financial reporting, regulatory compliance, product development & profit-testing.

Main Responsibilities

• Actuarial reporting for financial & regulatory compliance: Including IFRS17 modelling, actuarial reserving, Risk Based Capital reports
• Actuarial experience analyses: mortality investigations; persistency; expenses; investment returns; analysis of change
• Analysis of surplus, value of new business, embedded value & asset liability management valuations
• Projections and Budgeting: Projected modelling for budget financial statements & strategic planning
• Actuarial risk technical modelling and use of internal models
• Product Development: Pricing, profit testing, system set-up
• Perform other duties as may be assigned from time to time

Academic Qualifications

• BSc. Actuarial Science or Statistics or Mathematics, or equivalent with strong mathematical proficiency
• Professional actuarial exams progress – Minimum 4 exams with recognized body such as IFOA, SOA

Key Competencies

• Ability to interpret complex data and conduct actuarial analysis.
• Actuarial modelling skills: Proficiency in actuarial modelling using Excel, VBA, actuarial software.
• Experience in IFRS17 modelling and reporting.
• Actuarial technical expertise: Practical implementation of core actuarial principles in life insurance.

Relevant Experience

• Minimum of two (2) years relevant experience in an actuarial role involving life insurance actuarial & IFRS17 valuations.