Oversee and execute a broad spectrum of critical tasks and duties, ensuring alignment with organizational objectives. This role demands proficiency in managing multifaceted responsibilities, from strategic planning to operational execution, while maintaining adherence to established protocols. Candidates will be expected to demonstrate exceptional organizational acumen, problem-solving skills, and the ability to collaborate effectively with cross-functional teams to drive project success. Key accountabilities include, but are not limited to, leading initiatives, optimizing processes, and ensuring compliance with industry standards and regulatory requirements.
Technical Actuarial Support: Perform or evaluate internal actuarial liability assessments for eligible insurance subsidiaries alongside profitability and surplus analyses.
Conduct a comprehensive review of the external actuaries’ report, working closely with the designated actuarial team to finalize the Financial Condition Report.
Conduct comprehensive investigations into experience data, analyzing profitability and assessing trends to derive actionable insights that guide strategic business decisions.
Conduct comprehensive profitability assessments, experience studies, and other pertinent actuarial evaluations for Old Mutual to guide strategic business decisions.
Conduct solvency assessments for business units using a risk-based capital framework, encompassing solvency stress testing.
Assist in the development of financial models to evaluate various business scenarios and projects, providing crucial data to support informed business decision-making.
Provide strategic and business planning assistance by preparing financial and solvency projections for the Business Units. Conduct in-depth stress testing and scenario analysis on the projected figures to assess their resilience and feasibility.
Conduct reinsurance evaluations for Life Kenya subsidiaries to identify opportunities for enhancing reinsurance agreements.
Reporting and Documentation responsibilities include delivering findings and reports to business units and subsidiary board committees, as well as compiling Board Papers and regulatory documents such as solvency and valuation reports.
Provide risk management assistance to Life Business Units and the Risk Department by identifying and quantifying relevant risks, including insurance, market, and credit risks. Collaborate with stakeholders to develop tailored risk mitigation strategies for the Business Units and establish a comprehensive risk register within CUBA, the organization’s risk management system.
Developing and formulating tailored investment strategies, or evaluating and overseeing existing strategies, for Old Mutual Life businesses is a core responsibility of this role.
Management may assign additional reasonable duties as needed.
We seek a candidate with a strong proficiency in analytical thinking, problem-solving, and attention to detail, along with exceptional communication and organizational skills. Proficiency in [specific software/tools, e.g., Microsoft Office, data analysis tools, project management platforms] is essential, and experience with [relevant industry standards or methodologies] is highly desirable. The ideal applicant must demonstrate the ability to work independently and collaboratively, adapt to evolving priorities, and meet tight deadlines in a fast-paced environment. Additionally, a commitment to continuous learning and professional development is required to stay current with industry trends and best practices.
Analytical professionals must possess strong problem-solving abilities, meticulous attention to detail, and the capacity to interpret complex data sets effectively. They are responsible for evaluating information, identifying trends, and deriving actionable insights to support strategic decision-making. Proficiency in quantitative analysis, statistical methods, and data visualization tools is often required, along with the ability to communicate findings clearly to stakeholders. Additionally, they must maintain accuracy while managing multiple priorities under tight deadlines, ensuring that their analyses align with organizational objectives. Experience with relevant software, such as Excel, SQL, or Tableau, may also be necessary.
Proficient understanding of data management principles and methodologies is essential for this role. Applicants must demonstrate familiarity with data collection, storage, processing, and analysis techniques to ensure accuracy, integrity, and security throughout data lifecycle management.
Maintains a comprehensive understanding of business operations, industry trends, and market dynamics to drive informed decision-making. Utilizes this insight to identify opportunities, mitigate risks, and align strategies with organizational objectives. Ensures decisions are grounded in current economic conditions, competitive landscapes, and stakeholder needs. Communicates business insights effectively across teams to foster cohesion and alignment with overarching goals.
Individuals must possess strong analytical abilities to identify, assess, and resolve challenges efficiently. Exceptional critical thinking is required to evaluate complex situations and implement effective solutions. Candidates should demonstrate adaptability in navigating unforeseen obstacles and making informed decisions under pressure. A proactive approach to troubleshooting is essential, along with the capacity to think logically and creatively to address issues.
Proficient in conveying ideas clearly and effectively, both verbally and in writing, along with the ability to deliver compelling presentations to diverse audiences.
Proven capability to manage multiple priorities and deadlines simultaneously, ensuring timely completion of diverse deliverables. Skilled in organizing tasks efficiently while maintaining high standards of quality and productivity.
Performing duties with a high degree of autonomy, the incumbent operates with limited oversight while ensuring all tasks are completed efficiently and accurately. This role requires the ability to prioritize responsibilities independently, make informed decisions, and maintain accountability for outcomes without constant direction. The position demands self-motivation, strong organizational skills, and the capacity to manage workloads effectively while adhering to established guidelines and deadlines.
Possesses strong interpersonal abilities to foster productive collaboration and clear communication within diverse teams. Demonstrates the capacity to engage effectively with colleagues, clients, and stakeholders, ensuring mutual understanding and a positive working environment.
Demonstrated expertise in utilizing Microsoft Office Suite applications is essential for this position.
We seek a candidate with a strong background in the relevant field, demonstrated through formal education and hands-on experience. Familiarity with industry-specific tools, methodologies, and best practices is essential, along with a proven ability to apply this knowledge to real-world challenges. The ideal applicant will bring a minimum of [X] years of professional experience in a comparable role, ensuring they possess the expertise required to excel in this position. Additionally, experience with [specific systems, software, or processes] is highly advantageous and may be a deciding factor in the selection process.
Professional expertise in IFRS 17 standards is required, encompassing comprehensive understanding of accounting principles, reporting frameworks, and regulatory compliance associated with the implementation and application of IFRS 17. The role demands proficiency in evaluating financial statements, assessing insurance contract liabilities, and ensuring adherence to disclosure requirements as mandated by international financial reporting standards. Candidates must demonstrate analytical acumen to interpret complex data, identify discrepancies, and propose solutions to align with IFRS 17 guidelines. Strong communication skills are essential for collaborating with cross-functional teams, presenting findings to stakeholders, and providing guidance on compliance frameworks.
Proficient in current insurance regulations, capital market frameworks, and central bank directives, ensuring comprehensive compliance and operational alignment with financial governance standards.
Demonstrates advanced expertise in actuarial methodologies, financial modeling, and statistical analysis, ensuring precise risk assessment and data-driven decision-making in complex insurance and financial contexts.
Individuals must possess the capacity for precise data examination, drawing insightful conclusions from complex information, and identifying meaningful patterns and trends.
Proficient in programming languages essential for data analysis and manipulation, with the ability to write efficient, clean, and scalable code.
We are seeking a candidate with a minimum of a Bachelor’s degree in a related field, coupled with at least three years of hands-on experience in a comparable role. Proficiency in industry-standard software and tools is essential, as is a demonstrated ability to lead cross-functional teams and manage multiple projects concurrently. Strong analytical skills, attention to detail, and exceptional problem-solving capabilities are required to ensure successful project execution. Prior experience in a leadership or supervisory position, as well as familiarity with regulatory compliance standards, is highly desirable. Additionally, the ideal candidate will possess excellent communication skills to effectively collaborate with stakeholders at all levels.
A degree in Actuarial Science, Finance, or Mathematics is required for this position.
A minimum of five years of hands-on actuarial experience is required.
Actuarial Proficiency: Demonstrate advancement by successfully completing at least seven examination papers from a recognized actuarial organization.
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To submit your application, please utilize the provided link(s) on the company’s official website.
Qualifications
BA/BSc/HND
Experience Required
5 years
