Actuarial Officer at A Reputable Non-bank Financial Institution

A reputable non-bank financial institution is seeking to recruit an Actuarial Officer to join the Company’s Actuarial Department.

Duties and Responsibilities:

Reporting to the Head of the Actuarial Department, the Actuarial Officer will be required to:

  • Calculate quarterly and annual actuarial valuations.
  • Assist in the preparation of periodic solvency reports.
  • Prepare and perform analyses on the company’s financial condition report.
  • Perform analysis on retrocession optimisation and compile retrocession
  • Review documents pertaining to the retrocession arrangements and ensure compliance with the regulatory body on reinsurance arrangements.
  • Assist in the performance of trend analyses on the various Key Performance Indicators
  • Assist in the determination of annual budget projections on the underwriting KPI’s based on the trend analyses for the company.
  • Collate data and perform various analyses as required for credit rating of the Company.

Qualification Required & Experience

  • Minimum of a Bachelor’s Degree in Actuarial Science.
  • Minimum of two (2) years experience in the insurance industry.
  • Must be a member of Actuarial Society.

Competencies:

  • Ability to cope with work and time pressure.
  • Ability to pay attention
  • Ability to conduct detailed analysis.
  • Good report writing skills.
  • Must be a team player.
  • Ability to organise and execute work to meet tight deadlines.
  • Must have advanced excel and programing skills.
This job has expired.

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