Actuarial Function Senior Officer at GA Insurance Limited
Job Summary: The incumbent shall be responsible for evaluation of, and the provision of advice to GA Insurance Ltd concerning:
- The technical provisions;
- Premium and pricing;
- Scenario and sensitivity testing; and
- Compliance with the statutory obligations of the line business
The incumbent shall be responsible for evaluation and advising on the following:
- Valuation of liabilities and technical provisions.
- Solvency position, including calculation of minimum capital required for regulatory purposes and liability and loss provisions;
- Prospective solvency position and distribution of benefits;
- Reinsurance arrangements;
- Actuarial and financial risks;
- Risk assessment and management policies and controls relevant to actuarial matters or financial condition;
- Product development and design, including the terms and conditions of insurance contracts;
- Sufficiency and quality of data used in the calculation of technical provisions;
- Investment policies and the valuation of assets;
- Underwriting policies, risk modeling and use of internal models.
Academic Qualifications:
- Graduate with a degree in Actuarial Science / Statistics
- Professional actuarial exams (minimum 12/15 exams)
Functional Skills
- Analytical Skills
- Exploitation and application of Information Technology
- Actuarial modelling
- Risk Management
- Visionary Leadership
- Market Awareness
- Customer Focus
- Continuous Innovation
- Ownership & Commitment
- Team Spirit
The candidate must have at least 4 year of relevant experience:
How to Apply
If you meet the above minimum requirements, send your c.v to careers@gakenya.com indicate the position applied for on the email subject line so as to be received on or before 1st September, 2017.
Only short listed candidates will be contacted.
