Oversee and execute a range of critical duties and obligations, ensuring alignment with organizational goals and standards. Key responsibilities include managing daily operations, coordinating team efforts, and implementing strategies to enhance productivity and efficiency. The role demands meticulous attention to detail, strong problem-solving abilities, and the capacity to meet established deadlines. Additionally, the position requires effective communication, collaboration with cross-functional teams, and adherence to company policies and regulatory requirements. Candidates must possess relevant qualifications and prior experience, along with the aptitude to adapt to evolving challenges and contribute to long-term success.
Technical Actuarial Support entails executing and/or evaluating internal actuarial assessments of liabilities for applicable insurance subsidiaries, alongside examining profitability and surplus metrics.
The actuaries’ external report is reviewed, and close collaboration with designated actuaries ensures the accurate preparation of the Financial Condition Report.
Conduct profitability assessments, analyze experience data, and undertake pertinent actuarial investigations to guide strategic business decisions.
Conduct comprehensive profitability assessments, including experience studies and other pertinent actuarial analyses, for Old Mutual to support informed strategic business decisions.
Conduct solvency computations for business units using a risk-based capital framework, incorporating solvency stress testing methodologies to evaluate financial resilience.
Assist in developing financial models that simulate various business scenarios and projects, providing critical insights to support strategic decision-making processes.
Provide strategic and business planning support by contributing to financial projections and solvency assessments for the Business Units. Conduct thorough stress testing and scenario analysis on the projected figures to evaluate resilience and viability.
Conduct reinsurance analysis for Life Kenya subsidiaries to identify opportunities for enhancing reinsurance arrangements.
Presenting findings and reports to corporate and subsidiary board committees constitutes a key responsibility. This encompasses the drafting of Board Papers, as well as compiling regulatory solvency and valuation reports.
Provide risk management support by collaborating with Life Business Units and the Risk Department to detect and assess various risks, including insurance, market, and credit risks, as necessary. Develop and implement effective risk mitigation strategies tailored to the Business Units, and establish a comprehensive risk register within the CUBA Risk System.
Investment strategy support entails formulating and developing suitable investment strategies, as well as conducting reviews and monitoring of existing strategies for Old Mutual Life businesses.
Additional responsibilities may be assigned at the discretion of management as deemed necessary.
We are seeking a candidate with a robust skill set and proven expertise in key competencies to drive success in this role. The ideal applicant must demonstrate proficiency in [specific skills, e.g., project management, data analysis, or communication], alongside strong problem-solving abilities and adaptability in dynamic environments. Prior experience in [relevant industry or function, if applicable] is essential, along with a track record of achieving measurable results. The successful professional will exhibit exceptional organizational skills, attention to detail, and the capacity to collaborate effectively with cross-functional teams. Additionally, familiarity with [specific tools, software, or methodologies] is required to execute responsibilities efficiently.
Analytical proficiency is essential for success in this role, requiring the ability to dissect complex information, identify key patterns, and derive actionable insights from data. Candidates must demonstrate strong problem-solving capabilities, coupled with meticulous attention to detail, to evaluate processes, assess risks, and optimize decision-making. Proficiency in quantitative analysis, logical reasoning, and systematic evaluation is critical, as is the capacity to translate findings into clear, strategic recommendations. Effective analytical skills also encompass the ability to work with large datasets, interpret trends, and apply critical thinking to drive informed business outcomes.
Skilled in managing and organizing data efficiently, with a strong understanding of data processing techniques and best practices. Proficient in utilizing tools and software for data entry, storage, and retrieval to ensure accuracy and integrity. Capable of interpreting and analyzing data to support informed decision-making and operational improvements.
Driven by a deep understanding of industry dynamics and market trends, the ideal candidate will exhibit a keen insight into competitive landscapes and strategic opportunities. They will leverage this awareness to inform decision-making processes and drive business growth. Strong analytical skills and a proactive approach are essential to identify and capitalize on emerging opportunities while mitigating risks.
Demonstrates exceptional analytical abilities to identify, assess, and resolve complex challenges efficiently. Applies structured methodologies to troubleshoot issues, ensuring optimal solutions are implemented with minimal disruption. Evaluates data and feedback to make informed decisions, adapting approaches as necessary to achieve desired outcomes.
Effective articulation of ideas and confident delivery in both spoken and written formats are essential, as is the capacity to engage diverse audiences through compelling presentations.
Demonstrated skill in managing multiple priorities and balancing diverse workloads effectively.
Performing duties with considerable autonomy, you will operate with minimal oversight, demonstrating the ability to manage tasks independently while maintaining high standards of accountability and efficiency.
Proficient in fostering effective collaboration and clear communication, with a strong ability to engage and interact positively with colleagues, clients, and stakeholders at all levels. Demonstrates empathy, active listening, and adaptability to diverse perspectives while maintaining professionalism in varied interpersonal settings.
Proven expertise in utilizing Microsoft Office Suite applications is essential.
We are seeking a candidate with substantial knowledge and practical experience in the relevant field, preferably with a proven track record of success in similar roles. The ideal applicant will possess a minimum of three years of hands-on experience, complemented by a strong educational background in a related discipline. Additionally, familiarity with industry-specific tools and methodologies is essential to effectively execute the required responsibilities. The position demands a professional who can demonstrate expertise through past achievements and is adept at applying their skills to drive measurable results.
Proficiency in International Financial Reporting Standard 17 (IFRS 17) is required for this role. Candidates must demonstrate a solid understanding of IFRS 17 principles, including valuation methodologies, financial statement presentation, and disclosure requirements. The ideal applicant will possess experience applying IFRS 17 in a practical setting, ensuring compliance with regulatory standards and accurate financial reporting. Strong analytical skills and attention to detail are essential to navigate the complexities of IFRS 17 implementation and ongoing application.
Proficient in understanding and adhering to current insurance regulations, capital market frameworks, and central bank mandates is essential.
Technical proficiency in actuarial science, coupled with adept analytical and mathematical capabilities, is essential.
Individuals must possess exceptional analytical abilities to interpret complex data, identify key trends, and derive actionable insights efficiently. The role requires the capacity to assess multifaceted problems, evaluate potential solutions, and make well-informed, data-driven decisions in dynamic environments. Proficiency in breaking down intricate information into understandable components and synthesizing findings into clear, strategic recommendations is essential.
Proficient in data programming with expertise in advanced analytical techniques and algorithmic development.
Bachelor’s degree in Computer Science, Engineering, or a related technical field is required. Minimum of 5 years of professional experience in software development, with proficiency in multiple programming languages such as Java, Python, or C++. Strong problem-solving skills and the ability to work both independently and collaboratively in a team environment are essential. Experience with cloud platforms (e.g., AWS, Azure) and DevOps practices is a plus. Exceptional written and verbal communication abilities to convey complex technical concepts to non-technical stakeholders are also necessary.
A degree in Actuarial Science or a closely related field such as finance or mathematics is required.
With a minimum of five years of actuarial experience, candidates will demonstrate a strong foundation in actuarial principles and practices.
Actuarial Expertise: Demonstrate advancement in actuarial examinations, having successfully completed a minimum of seven papers from an accredited actuarial organization.
To initiate the application process, you are required to utilize the designated application method. Please ensure you adhere to the specified procedure for submitting your application. This structured approach guarantees that all necessary information is captured and processed efficiently.
To submit your application, please utilize the provided link(s) on the company’s official website.
Qualifications
BA/BSc/HND
Experience Required
5 years
