Actuarial Officer at Old Mutual Kenya

JOB SUMMARY 

1. Ensure provision of Actuarial Services to UAP Old Mutual East Africa Group by working closely with the Business Entities and other Group Functions to meet their needs. This includes reserving, pricing, product reviews, experience reviews and solvency and capital management 
2. Conducts accuracy checks, and analyses data to draw conclusions and make recommendations 
3. Generate actuarial reports on various technical issues to Actuarial Supervisor, Group Actuary, Senior Management and Board of Directors. 
4. Conducts accuracy checks, and analyses data to draw conclusions and make recommendations 
5. Generate actuarial reports on various technical issues to Actuarial Supervisor, Group Actuary, Senior Management and Board of Directors.

KEY TASKS AND RESPONSIBILITIES 

1. Technical Actuarial Support; Conduct and/or review internal actuarial liability valuations for relevant insurance subsidiaries and analysis of profitability/surplus. Ensure that data reconciliation has been completed for valuations 
2. Business Delivery Support; Unit pricing Review, client queries and system support 
3. Business Analytics; Assist in preforming business analytics to drive actionable actions 
4. Product Profitability Review; Perform profitability analysis, experience analysis, and other relevant actuarial investigations for UAP BUs to inform business decisions. 
5. Solvency and Capital management; Carry out solvency computation for the BUs on a risk-based capital basis including solvency stress tests.  
6. Financial Modeling; assist with financial modeling of business scenarios/projects to inform business decision making. 
7. Reporting and Documentation; Assist the Senior Actuarial Valuations Specialist in the preparation of Board Papers and regulatory solvency and valuation reports. 
8. Other reasonable duties that may be assigned by management. 

Skills

1. Actuarial Valuation, Complex Systems