Vacancies at CIC Insurance

PURPOSE:

Providing financial analysis to support valuation of the actuarial liabilities, pricing of new products, monitoring the performance of existing products, financial projections and market intelligence through industry analysis.

PRIMARY RESPONSIBILITIES:

• Collect, compile and analyze data for use in valuation models of liabilities on specific lines of business;
• Collect, compile and analyze data for use in product development, monitoring and reviews on specific lines of business;
• Consolidate and analyze data from AKI/IRA for use in quarterly industry analysis report;
• Perform monthly business and finance data checks on specific lines of business;
• Consolidate and analyze data on the investment portfolio for the subsidiary; and

PERSON SPECIFICATIONS

Academic Qualifications

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

Professional Qualifications

• Student Actuary – At least 3 actuarial exams from the Institute of Actuaries.

Experience

• Up to one (1) year 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

Closes: September 2, 2022

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PURPOSE:

Responsible for effectively handling claims and settling them within stipulated timelines.

PRIMARY RESPONSIBILITIES:

• Attend to clients queries and enquiries;
• Receive, acknowledge, register and process fully documented claims for payment;
• Scan, archive and file claims documents;
• Communicate to the clients on claims status;
• Update claims records to ensure correct data is maintained and
• Liaise with underwriters for missing underwriting claim details.
• Settle service provider invoices

PERSON SPECIFICATIONS

Academic Qualifications

• Bachelor’s Degree in a related field
• Diploma in relevant field / Relevant technical training certificate / part qualification in relevant professional field

Experience

• Up to one (1) years’ relevant experience

Skills and Attributes

• Excellent communication and presentation skills
• Problem solving skills
• Excellent interpersonal skills
• Good analytical skills
• Computer literate in MS Office and other office applications
• Understanding of the working environment /competitors
• Technical competence in insurance
• Basic knowledge of regulations by AKI and IRA

Closes: August 26, 2022

go to method of application »

PURPOSE:

Providing financial analysis to support valuation of the actuarial liabilities, pricing of new products, monitoring the performance of existing products, financial projections and market intelligence through industry analysis.

PRIMARY RESPONSIBILITIES:

• Collect, compile and analyze data for use in valuation models of liabilities on specific lines of business;
• Collect, compile and analyze data for use in product development, monitoring and reviews on specific lines of business;
• Consolidate and analyze data from AKI/IRA for use in quarterly industry analysis report;
• Perform monthly business and finance data checks on specific lines of business; and
• Consolidate and analyze data on the investment portfolio for the subsidiary.
• Involvement in CIC Group strategic initiatives such as IFRS 17 implementation

  Academic Qualifications

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

Professional Qualifications

• Student Actuary – At least 3 actuarial exams from the Institute of Actuaries.

Experience

• Up to one (1) year 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

Closes: August 26, 2022