Oversee core duties and obligations as part of this role, ensuring alignment with organizational objectives. Execute essential functions with precision, including project management, operational coordination, and performance monitoring. Fulfill reporting requirements, maintain documentation standards, and facilitate cross-departmental collaboration to drive efficiency. Liaise with stakeholders to gather insights, address concerns, and implement improvements where necessary. Adhere to established policies and procedures while contributing to strategic initiatives that enhance productivity and innovation.
Technical Actuarial Support: Perform or validate actuarial liability valuations for designated insurance subsidiaries and evaluate profitability and surplus metrics.
The team will evaluate the financial condition report drafted by external actuaries and work closely with the designated actuarial professionals to finalize the document.
Conduct in-depth profitability assessments, experience studies, and other pertinent actuarial investigations to provide data-driven insights that guide strategic business decisions.
Conduct comprehensive actuarial assessments, including profitability and experience analyses, to evaluate product performance and support strategic decision-making at Old Mutual.
Conduct solvency computations for business units using a risk-based capital framework, encompassing solvency stress testing.
Financial modeling involves supporting the development of models that simulate various business scenarios and projects, thereby providing critical insights to facilitate informed business decision-making.
Strategy and Business Planning Support involves collaborating on business planning initiatives, including financial and solvency projections for the Business Units. Additionally, you will conduct stress testing and scenario analysis on the projected figures to evaluate resilience and potential outcomes.
Conduct reinsurance evaluations for the Life Kenya subsidiaries with the goal of identifying opportunities to enhance reinsurance structures.
Reporting and Documentation duties include delivering findings and reports to corporate entities, their boards, and committee structures. Additionally, this role encompasses the drafting of Board Papers along with regulatory solvency and valuation reports.
The position involves providing risk management support to Life Business Units and the Risk Department by identifying and quantifying various risks—such as insurance, market, and credit risks—as needed. Additionally, the role requires developing and implementing suitable risk mitigation strategies tailored to the Business Units while maintaining a comprehensive risk register within the CUBA Risk System.
Create and implement tailored investment strategies or evaluate and oversee existing strategies for Old Mutual Life businesses.
Performs additional duties as reasonably assigned by management as needed.
We seek a candidate with a robust skill set and proven competencies to excel in this role. The ideal applicant will demonstrate strong analytical abilities, exceptional problem-solving skills, and a keen attention to detail. Proficiency in [specific tools or software, if applicable], along with excellent communication and teamwork capabilities, is essential. Additionally, the ability to manage multiple projects efficiently, meet deadlines consistently, and adapt to evolving priorities is required. Prior experience in [relevant field or industry], coupled with a track record of delivering high-quality results, will be highly advantageous.
Analytical skills involve the capacity to gather, interpret, and evaluate information logically to derive meaningful insights and make well-informed decisions. These competencies include the ability to identify patterns, detect discrepancies, and solve complex problems systematically. Strong analytical skills are essential for roles requiring data-driven decision-making, strategic planning, and critical assessment of processes or performance metrics. Individuals with these skills can break down intricate challenges into manageable components, assess risks, and develop effective solutions. This proficiency is particularly valuable in fields such as finance, research, operations, and technology, where precision and evidence-based reasoning are paramount. Employers often seek candidates who can leverage analytical skills to enhance efficiency, optimize outcomes, and contribute to organizational growth.
Proficient in data management practices, including the collection, storage, processing, and analysis of information, with a strong understanding of data integrity and security protocols. Demonstrated ability to handle large datasets efficiently using appropriate tools and methodologies. Familiarity with data governance frameworks and compliance requirements such as GDPR, HIPAA, or other relevant regulations. Experience in maintaining accurate records, ensuring data quality, and implementing measures to protect sensitive information from unauthorized access or breaches.
A strong grasp of business principles and market dynamics is essential for this role. You will leverage industry knowledge to drive strategic decision-making and contribute to organizational growth. Analyzing trends, competition, and economic factors will be key to informing key initiatives and ensuring alignment with business objectives. Additionally, the ability to interpret financial data and assess operational performance will support data-driven insights and recommendations.
Proactive individuals who excel at analyzing complex situations, identifying root causes, and implementing practical, efficient solutions are sought for this role. The ideal candidate must demonstrate strong analytical reasoning to assess challenges systematically, coupled with creativity to develop innovative approaches. Prior experience in troubleshooting technical or operational issues is required, as is the ability to make well-informed decisions under pressure. Proficiency in evaluating outcomes and refining solutions based on feedback is also essential to ensure continuous improvement and sustained success.
Proficient in conveying ideas clearly and persuasively, both verbally and in writing, with a strong ability to engage diverse audiences through compelling presentations and articulate discussions.
Demonstrated skill in effectively managing and balancing multiple priorities and deliverables concurrently, ensuring timely and high-quality completion of tasks across diverse projects.
Performing duties with a high degree of autonomy and limited oversight, you will execute tasks independently while adhering to established guidelines and organizational objectives.
Skilled in fostering collaborative relationships and effectively communicating with diverse teams and stakeholders, ensuring smooth interactions and mutual understanding.
Proven expertise in utilizing the Microsoft Office suite, encompassing Word, Excel, PowerPoint, and Outlook, is required. Strong command over these applications, including advanced functions in Excel for data analysis, is essential for effectively supporting administrative tasks, generating reports, and creating presentations.
We are seeking a highly skilled professional with a robust background in [industry/field], demonstrated through a minimum of [X years] of hands-on experience. The ideal candidate will possess a deep understanding of [specific skills, e.g., project management, software development, financial analysis], as well as expertise in [relevant tools, methodologies, or certifications]. A proven track record in [key responsibilities, e.g., leading cross-functional teams, optimizing operational workflows, or delivering data-driven solutions] is essential. Additionally, familiarity with [industry-specific regulations, software, or frameworks] is advantageous, along with strong problem-solving abilities and a commitment to continuous learning.
Proficiency in IFRS 17 standards is required for this role. Candidates should demonstrate a comprehensive understanding of the framework’s principles, implementation challenges, and regulatory implications. Familiarity with key concepts such as the General Measurement Model (GMM), Premium Allocation Approach (PAA), and Variable Fee Approach (VIA) is essential, along with experience in applying these methodologies to financial reporting. Strong analytical skills are necessary to interpret and apply the standards effectively in practice.
Proficient in the latest Insurance regulations, Capital markets frameworks, and Central Bank compliance requirements.
Demonstrates advanced proficiency in actuarial methodologies, techniques, and calculations, with a deep understanding of mathematical and statistical principles applied to risk assessment and financial modeling.
Demonstrates exceptional proficiency in data interpretation, pattern recognition, and problem resolution, with a keen ability to dissect complex information and derive actionable insights.
Proficient in data programming with a high degree of expertise.
QUALIFICATIONS
A degree in Actuarial Science, Finance, Mathematics, or a closely related field is required.
With a minimum of five years of hands-on actuarial experience, candidates should demonstrate a strong foundation in actuarial principles and practices.
Professional Rewriting:
Candidates should demonstrate ongoing advancement in actuarial studies by having successfully completed at least seven examinations administered by a reputable actuarial organization.
go to method of application
To initiate your application, kindly utilize the provided links on the company’s official website.
Qualifications
BA/BSc/HND
Experience Required
5 years
