Actuarial Function Senior Officer

The incumbent shall be responsible for evaluation of, and the provision of advice to GA Insurance Ltd concerning:
The technical provisions;
Premium and pricing;
Scenario and sensitivity testing; and
Compliance with the statutory obligations of the line business
Actuarial Function Senior Officer Job Responsibilities
The incumbent shall be responsible for evaluation and advising on the following:
Valuation of liabilities and technical provisions.
Solvency position, including calculation of minimum capital required for regulatory purposes and liability and loss provisions;
Prospective solvency position and distribution of benefits;
Reinsurance arrangements;
Actuarial and financial risks;
Risk assessment and management policies and controls relevant to actuarial matters or financial condition;
Product development and design, including the terms and conditions of insurance contracts;
Sufficiency and quality of data used in the calculation of technical provisions;
Investment policies and the valuation of assets;
Underwriting policies, risk modeling and use of internal models.
Qualifications for the Actuarial Function Senior Officer Job
Graduate with a degree in Actuarial Science/ Statistics
Professional actuarial exams (minimum 12/15 exams)
Functional Skills
Analytical Skills
Exploitation and application of Information Technology
Actuarial modelling
Risk Management
Visionary Leadership
Market Awareness
Customer Focus
Continuous Innovation
Ownership & Commitment
Team Spirit

The candidate must have at least 4 year of relevant experience. If you meet the above minimum requirements, send your c.v to careers@gakenya.com indicate the position applied for on the email subject line so as to be received on or before 1st September, 2017. Only short listed candidates will be contacted. 

Apply via :

careers@gakenya.com


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