Actuarial Analyst at Britam

Britam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the Eastern and Southern Africa region, with operations in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique and Malawi. The group offers a wide range of financial products and services in Insurance, Asset management, Ban...

 

Actuarial Analyst

  • Job TypeFull Time
  • QualificationBA/BSc/HND
  • Experience2 - 4 years
  • LocationNairobi
  • Job FieldInsurance 

Job Purpose:

  • To provide actuarial support to the assigned LOB and participate in overall risk management for the company.

Key responsibilities:

  • Select appropriate reserve calculation method and calculate reserves. 
  • Provide analysis to support the renegotiation of the existing contracts.
  • Provide input in product development for the LOB.
  • Provide inputs into product pricing and setup in the actuarial pricing and valuation system.
  • Review and monitor experience on all products to inform decision making including profit testing of existing products.
  • Provide comprehensive actuarial reports to the business each quarter and highlight key issues on an ongoing basis including solvency and capital monitoring.
  • Address all areas raised by the IRA in their risk inspection and continue to highlight emerging risks.

Knowledge, experience and qualifications required:

  • University Degree in actuarial science, statistics, engineering, mathematics, physics, economics or related field with strong emphasis on mathematical proficiency.
  • 2-4 years’ experience in a similar position. 
  • Progress in Institute of Actuaries examinations (9 papers).

Check how your CV aligns with this job

Method of Application

Interested and qualified? Go to Britam on britam.taleo.net to apply

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