About this role
PURPOSE:
The Actuarial Analyst is responsible for performing financial analysis on actuarial liabilities, claims experience, pricing, solvency and capital requirements as well as suitability of reinsurance arrangements.
PRIMARY RESPONSIBILITIES:
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Run, adjust and make assumptions on valuation models of claims and premium liabilities on specific lines of business.
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Monitor adequacy of reserves.
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Prepare draft reports e.g. valuation, claims experience, solvency, capital.
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Monitor and investigate claims experience and provide insights on products for specific lines of business.
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Review pricing, check adequacy of premiums and provide recommendation for the specific lines of business.
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Monitor solvency position and capital requirements for the subsidiary.
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Monitor investment performance and prepare quarterly reports.
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Perform asset liability matching position for the business.
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Prepare monthly data reconciliation report for specific lines of business.
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Support in IFRS 17 financial reporting.
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Review and recommend suitability of reinsurance arrangements for specific lines of business.
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Review and analyze data from AKI/IRA for use in quarterly industry analysis report for specific lines of business.
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Provide support in special projects of the company.
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Provide actuarial support in the Micro Insurance Company. Academic and Professional Requirements:
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BSc. Actuarial Science or Statistics or Mathematics or related field is required.
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At least 6 actuarial professional papers passed. Experience Required:
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3 years of relevant experience