Actuarial Associate Life at Britam

Job Purpose:

To provide actuarial support to the assigned LOB and participate in overall risk management for the company 

Key responsibilities

• Select appropriate reserve calculation method  and calculate reserves 
• Provide analysis to support the renegotiation of the existing contracts
• Provide input in product development for the LOB
• Product pricing and setup in the actuarial pricing and valuation system
• Review and monitor experience on all products to inform decision making including profit testing of existing products
• Provide comprehensive actuarial reports to the business each quarter and highlight key issues on an ongoing basis including solvency and capital monitoring
• Address all areas raised by the IRA in their risk inspection and continue to highlight emerging risks

Knowledge, experience and qualifications required

• University Degree in actuarial science, statistics, engineering, mathematics, physics, economics or related field with strong emphasis on mathematical proficiency
• 2-4 years’ experience in a similar position 
• Progress in Institute of Actuaries examinations (9 papers)