KEY PRIMARY RESPONSIBILITIES
Financial & Regulatory Reporting
- Production and review of IFRS 17 valuation results and associated disclosures.
- Production and Review of statutory filings in accordance with Insurance Regulatory Authority (IRA), and Management Reports for internal consumption (VNB, VIF, EV, etc).
- Collaborate with finance to align actuals vs budget and improve monthly close efficiency.
- Perform periodic claims experience analyses to guide pricing, reserving assumptions, and give recommendations for management actions.
- Run capital adequacy assessments under local solvency regulations. Produce Capital Adequacy reports with recommendations to management.
Pricing & Product Development
- New Product development/Pricing, ensuring alignment with profitability, competitiveness, and regulatory standards.
Budgeting & Strategy Actuarial Inputs
- Support Budgets and Strategy planning and projections with actuarial input.
- Bachelor's degree in actuarial science or related field. A master's degree in actuarial management will be an added advantage
JOB SKILLS AND REQUIREMENTS
- Proficient in actuarial modelling tools (e.g. Basys, RiskIntegrity, Advanced Excell Skills, Excel VBA, Python, R, etc).
- Advanced analytical skills and business insight.
- Familiarity with Power BI or other dashboarding tools is a plus.
- Strong attention to detail and a commitment to accuracy.
- Able to manage multiple deadlines and priorities under minimal supervision.
- Effective communicatorboth written and verbalwith stakeholders at all levels.
- Mentorship mindset and a collaborative team player.
PROFESSIONAL QUALIFICATIONS
Progress toward actuarial qualification (minimum: 8 papers).
- Minimum 5 years actuarial experience in GI insurance.
- Strong experience in IFRS 17 valuation and reporting.
- Understanding of Insurance principles and processes.