GA Insurance Limited Actuarial Function Senior Officer Job in Kenya

Aug 22, 2017

GA Insurance Limited
 

Job Title:- Actuarial Function Senior Officer

Job Summary: The incumbent shall be responsible for evaluation of, and the provision of advice to GA Insurance Ltd concerning:

1. The technical provisions;


2. Premium and pricing;


3. Scenario and sensitivity testing; and


4. Compliance with the statutory obligations of the line business

Main Responsibilities
 

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.