The Actuarial Assistant will work within the actuarial team to assist in product development and pricing.
Key responsibilities
Assisting in pricing of crop and livestock products developed by Acre Africa
Assisting in development of models for new/improved products, which includes (but is not limited to) validation of the data used as well as the models
Preparation of cover proposal documents for clients to enable them compare different covers available to them in terms of cost and coverage
Monitoring contracts during the season and providing regular updates to team members
Supporting account managers in ensuring that information relating to covers offered is correctly captured by the insurers and/or reinsurers (i.e. ensuring that the technical information captured in policy documents, risk notes, term sheets, claim support documentation, etc., is correct)
Perform other related duties as required by the supervisor
Required skills and competencies
Good analytical and reporting skills
Creative thinker
Excellent communication and interpersonal skills
Effective problem solving and proactive skills
Ability to maintain professionalism at all times
Has to be a self-starter, self-motivated and able to perform well without immediate supervision
Strong Computer skills, with advanced Excel skills and the ability to program in R
Must be a team player
Fluency in Swahili and English
Required Qualifications
BSc Actuarial Science, OR a strong mathematics or statistics degree with significant progress in the Actuarial Exams offered by the IFoA or the SOA
At least 1 year relevant working experience in an actuarial position
