Actuarial Manager at Madison Group Limited

Key Responsibilities

The role will provide support for both General and Medical Business by:

• Coordinating statutory actuarial valuation of the technical liabilities.
• Undertaking quarterly actuarial valuation of the technical liabilities.
• Undertake the quarterly and annual solvency computations for both regulatory and management reporting.
• Analyzing Actuarial Statistics parameters for decision making.
• Review of product performance on a quarterly basis to determine product profitability and pricing.
• Review of premium rates annually in consultation with the underwriting manager.
• Support the Finance Department in preparation of annual budgets and forecasts.
• To provide any other required actuarial support to the Company.

Job Specifications

Academic Qualification

• Bachelor’s Degree in Actuarial Science.

Professional Qualifications

Good progress with actuarial professional exams from IFOA or any other recognized actuarial body.

Experience:

• 8 years’ experience in managing actuarial operations.
• Good communication and presentation skill.
• Good knowledge of the insurance business.

Closing: 11th April, 2023.