Chief Manager - Administration at Kenindia Assurance Company Limited

Main Purpose of the Job - (Job Summary)

Assist Head of Actuarial to meet Overall company strategy & objectives of business growth, profitability and sustainability through coordination of day to day actuarial function roles.

Main Responsibilities

• Assist in performing internal actuarial valuations and Quarterly reporting IRA and Board.
• Coordinate IFRS 17 implementation.
• Carry out business and experience studies to update actuarial assumptions for valuation, pricing and risk assessment.
• Provide underwriting and reinsurance support for pricing and risk assessment selections including financial, business and trend analysis.
• Assist in product development and review of premium rates on request by carrying out research to assess company competiveness.
• Actuarial correspondence with stakeholders and finance by addressing raised queries
• Review and updating internal actuarial policies as and when required.
• Training & mentoring of actuarial staff to achieve highest levels of performance.
• Any other duties assigned

Key deliverables

• Collecting data, validating data and following established guidelines to minimize errors.
• Product development & pricing.
• Regular & accurate actuarial analysis.
• Training and development by pursuing actuarial credential by sitting for actuarial exams on a regular basis and attending professional development trainings.

Academic Qualifications

• Bsc.in Actuarial, Statistics or Mathematics

Key Job Skills (specific to the job)

• Leadership skills
• Analytical Skills
• Business/Market Awareness
• Familiar with regulatory framework
• knowledge of IFRS17 implementation would be an added advantage
• Actuarial modelling
• Risk Management

Job Specifications

Academic Qualifications

• Bsc.in Actuarial, Statistics or Mathematics

Professional Qualifications

• Passed at least (5-10)/15actuarial exams

Key Job Skills (specific to the job)

• Leadership skills
• Analytical Skills
• Business/Market Awareness
• Familiar with regulatory framework
• knowledge of IFRS17 implementation would be an added advantage
• Actuarial modelling
• Risk Management

General Skills

• Communication skills
• Interpersonal skills
• Customer Service
• IT skills (fluency)

Our Competencies/Behaviours

• Integrity
• Reliability
• Transparency
• Professionalism
• Teamwork
• Quality

Experience

• At least 5yrs years of relevant work experience with 2 years in management.