Head of Actuary at Reeds Africa Consult

Reeds Africa consult (RAC) offers a broad scale of Human resource services designed to provide professional supports for the growing needs of today’s corporate organizations. Our services includes the entire employee life cycle in an organization from the point of recruitment, training and development, policy development, compliance audits, provision ...

 

Head of Actuary

  • Job TypeFull Time
  • QualificationBA/BSc/HND
  • Experience10 years
  • LocationNairobi
  • Job FieldInsurance 

We are seeking a highly experienced and strategic Head of Actuary to lead our actuarial function in an insurance firm. The successful candidate will oversee actuarial operations, ensure compliance with regulatory requirements, and develop strategic financial policies to support business growth and profitability.

Job Description

Key Responsibilities

Actuarial Operations Management

  • Oversee and direct all actuarial activities within the insurance department.
  • Ensure the actuarial team operates efficiently and effectively.
  • Develop and implement strategic plans for the Actuarial department.

Regulatory Compliance

  • Ensure compliance with regulatory requirements regarding actuarial operations, as mandated by the Insurance Regulatory Authority (IRA) of Kenya.
  • Stay updated on industry trends and regulatory changes affecting actuarial practices.

Risk Management & Financial Analysis

  • Develop risk management strategies to mitigate financial risks.
  • Conduct financial analyses to determine the financial impacts of new or existing insurance plans.
  • Evaluate and manage potential risks across the organization.

Pricing & Product Development

  • Analyze risk and profitability to design pricing models and develop new insurance products.
  • Evaluate and approve insurance rates, premium levels, and rating systems.

Communication & Stakeholder Engagement

  • Communicate complex actuarial concepts and analyses to non-actuarial stakeholders.
  • Present findings to senior management and the board of directors.
  • Engage with regulatory authorities and industry bodies.

Strategic Planning & Leadership

  • Provide strategic insights to senior management on long-term financial and risk management implications.
  • Lead the actuarial team and manage staff development.

Job Requirements

Requirements

  • Education: Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.

Professional Qualifications:

  •  Fellowship Qualification within the Actuarial Field.
  • Experience: Minimum 10 years of experience in actuarial roles, preferably in a leadership position within the insurance industry.

Method of Application

Interested and qualified? Go to Reeds Africa Consult on xorahr.com to apply

Comments

Post a Comment

Popular posts from this blog

Operations Associate at Kopo Kopo Inc

Kopo Kopo was launched in 2012 where we partnered with Safaricom to bring Lipa na M-Pesa Buy Goods service to small and medium businesses throughout Kenya and, today, we serve thousands of businesses from salons to restaurants to office supply stores, to schools. We have since partnered with other aggregator and mobile money partners with the ultimate goal of helping businesses leverage mobile payments. We are grateful for our unusual journey and look forward to helping our merchants in growing and prosper in the years ahead.   Operations Associate Job Type Full Time Qualification BA/BSc/HND Experience Location Nairobi Job Field Customer Care  Salary Range KSh 50,000 - KSh 100,000/month The Job:   The role will combine aspects of customer service and operations duties. Ultimately, you will be responsible for quickly solving problems for businesses that rely on Kopo Kopo’s technology. You will ensure that Kopo Kopo’s information systems are kept up to date, and will engage...
Read more

Senior Communications Officer at Natural State

Through large-scale restoration and rewilding, NATURAL STATE secures biodiversity, sequesters and stores carbon, and helps achieve the Sustainable Development Goals. Our goal at the NATURAL STATE research centre is to develop technology and financial systems that will catalyse large-scale restoration globally as well as help train future leaders for this...   Senior Communications Officer Job Type Full Time Qualification BA/BSc/HND Experience 8 years Location Nairobi Job Field Media / Advertising / Branding  Senior Communications Officer to lead our communications strategy, focusing on scientific, climate, and nature restoration initiatives. The ideal candidate will play a pivotal role in enhancing our brand presence, driving engagement, and conveying the impact of our work on preserving and restoring natural ecosystems. This position requires a blend of communications expertise, strategic thinking, and a deep understanding of climate, nature restoration, and scientific topics...
Read more

Project Director at LVCT Health

LVCT Health is an indigenous Kenyan non-governmental and not-for-profit organization established in 2001. We are driving Kenya towards HIV prevention, with an ultimate goal of reducing HIV infections to zero. We offer integrated HIV services through development of models that are scaled up to the national models. We also carry out sexual and reproductive ...   Project Director Job Type Full Time Qualification MBA/MSc/MA Experience 7 - 10 years Location Kiambu Job Field Medical / Healthcare  Job purpose The Project Director will be responsible for providing overall strategic and technical oversight to the Dhibiti Project in Central region. This includes responsibility for the technical, monitoring and evaluation and financial and operations components of the project. S/he will work closely with the Program Director and other directors/managers to ensure adherence to technical and contractual requirements of the grant, achievement of targets and project alignment to institutiona...
Read more