Britam – Actuarial Manager(Life)

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Job Description

Primary Location: Kenya

Organization: Business

Job Type: Permanent

Shift: Day Job

Contract Type: Full-time

Job Posting: 18-08-2021

Unposting Date:24-08-2021

Number of Openings:1

Job Purpose:
Provide actuarial support to business and participate in overall risk management for the company
Key responsibilities:

  • Provide input in product development for Life insurance, Kenya products
  • Provide input into underwriting strategy and rules for general, Kenya insurance business
  • Analyse statistical data in order to determine rates for different risks in acceptance of proposals for new policies and products in conjunction with the underwriting department 
  • Undertake product pricing and setup in including reserving (the actuarial pricing & valuation system)
  • Provide analysis to support the application of appropriate reinsurance arrangements 
  • Working  with the risk and compliance department in the measurement/quantification of operational risk in General insurance, Kenya business
  • Calculation of all general insurance contract reserves
  •  Ensuring compliance to IRA regulation
  • Supervising, mentoring and coaching staff under supervision 

Knowledge, experience and qualifications required:

  • University Degree in actuarial science, statistics, engineering, mathematics, physics, economics or related field with strong emphasis on mathematical proficiency
  • 7-10 years’ experience in an actuarial function 3-4 of which must be in management position
  • Fellow of the Institute of Actuaries (15 Papers)

How To Apply :








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