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  • Posted: May 27, 2022
    Deadline: Jun 3, 2022
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    CIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi
    Read more about this company


    Actuarial Analyst (Re- advertised)


    Responsible for performing financial analysis on actuarial liabilities, claims experience, pricing, solvency and capital requirements as well as suitability of reinsurance arrangements.


    • Run, adjust and make assumptions on valuation models of claims and premium liabilities on specific lines of business;
    • Prepare draft reports e.g. valuation, claims experience, solvency, capital;
    • Monitor and investigate claims experience and provide insights on products for specific lines of business;
    • Review pricing, check adequacy of premiums and provide recommendation for the specific lines of business;
    • Monitor solvency position and capital requirements for the subsidiary;
    • Prepare monthly data reconciliation report for specific lines of business;
    • Review and recommend suitability of reinsurance arrangements for specific lines of business and;
    • Review and analyze data from AKI/IRA for use in quarterly industry analysis report for specific lines of business.


    Academic Qualifications

    • Actuarial Science or Statistics or Mathematics or related field is required

    Professional Qualifications

    • Certified Actuarial Analyst (CAA)


    • 3 years of relevant experience

    Skills and Attributes

    • Knowledge of actuarial software in terms of capabilities and output;
    • Excellent communication and presentation skills
    • Problem solving skills
    • Good analytical skills
    • Computer literate in MS Office and other office applications

    Method of Application

    Interested and qualified? Go to CIC Insurance on to apply

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