Actuarial Analyst at Metropol Corporation Ltd

PURPOSE OF THE ROLE

Reporting to the Actuarial Manager – The Actuarial Analyst will provide actuarial services to all lines of business.

PRIMARY Duties & Responsibilities

• Coordinate with relevant departments in the preparation of valuation data
• Perform monthly calculation of the technical reserves using appropriate actuarial methodology
• Assist in carrying out Pricing, Profit and Sensitivity testing for new or repackaged products
• Review and monitor experience of products to inform decision making.
• Perform experience reviews to inform assumptions used in product pricing and actuarial valuations.
• Assist with review of appropriateness, adequacy and cost efficiency of reinsurance and underwriting arrangements in place
• Perform analysis on industry trends and market to inform decision making on a quarterly basis
• Support with the implementation of the IFRS 17 reporting Standard

Qualifications and Experience

• Bachelor’s degree in Actuarial Science, Mathematics, or related field
• A minimum of 3 completed Professional Actuarial examinations
• Over 3 years’ experience in Insurance Operations with at least 1 year of Actuarial experience
• Good understanding of Insurance principles and practices in Kenya

Required skills and Competencies

• Strong analytical and detailed-oriented aptitude with a high degree of accuracy
• Attention to details
• Excellent organizational skills