At a glance
- Closing date
- The listing does not give one. Employers often close early when they have enough applicants, so apply soon.
- Where
- Nairobi, Kenya
- How to apply
- On myjobmag.co.ke, where the employer takes applications.
- Similar roles
- 41 other open Insurance roles on the Kenya board right now.
- This employer
- Insurance Regulatory Authority (IRA) has 32 open roles on RezSync.
Job Specifications
The duties and responsibilities will entail:
Preparing reports on analysis of products, premium rates, financial condition reports and technical reserves for insurers.
Reviewing actuarial technical reserves, financial condition reports, risk-based capital calculations, actuarial valuation reports and the statements of actuarial opinion provided by each company’s appointed actuary.
Preparing reports on capital adequacy ratios to ensure that the reports are accurate, complete and prepared in accordance with the provisions of the Insurance Act.
Developing data collection templates, data analysis and preparation of reports on insurance industry performance as required under the Insurance Act.
Determining the solvency and financial condition of regulated entities including reviewing actuarial reserves and risk-based capital calculations and the statements of actuarial opinion provided by each company’s appointed actuary.
Preparing reports on financial stability of insurers and macro prudential indicators.
Carrying out stress tests on insurers.
Conducting data validation of insurance statistics to check on completeness and consistency of insurance data.
Updating performance indicators, ratios and industry benchmarks and averages.
Analysing, evaluating and interpreting insurers’ financial statements and returns to ensure disclosures regarding various insurance parameters.
Person Specifications
Three (3) years’ cumulative experience at the grade of Actuarial Officer or in a comparable and relevant position.
Bachelor’s degree in any of the following fields: Actuarial Science, Mathematics, Statistics or equivalent from a recognized institution.
Professional qualification in any of the following: FIA/FFA or equivalent from a recognized institution.
Membership to a relevant professional body and in good standing.
Proficiency in computer applications.
Competencies and Skills
Communication skills
Interpersonal skills
Analytical skills
Report writing skills
Presentation skills
go to method of application »
Minimum qualifications
BA/BSc/HND , Professional Certificate
How to apply
Use the link(s) below to apply on company website.
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https://www.myjobmag.co.ke/apply-now/1383436
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