Actuarial Officer

Employment type: Full time

Summary

The successful candidate will be responsible for assisting the Head of Finance for management and financial accounting with respect to quality actuarial input a valuations and development, design, maintenance, enhancement and pricing of Apollo life’s products.

Key Responsibilities

Typical responsibilities will require from the successful candidate to:

Reserving calculations
Actuarial liabilities
Analysis of actuarial surplus and actuarial liabilities
Capital adequacy requirements
Producing projections for budgeting and model office purposes for new product development
Various statutory returns and other compliance-related tasks
Asset-liability matching process
Bonus investigation for making bonus recommendations
Liaison with statutory actuary on year-end actuarial valuations
Developing models and other modelling requirements for products
Product strategies for new ventures and business partnerships
Organise surveys from different segments of customers for new and existing products

Requirements:

Bachelors Degree Actuarial Science/Studying towards completion of Actuarial Qualification/Qualified Actuary.
2 to 4 years experience (with respect to the above responsibilities) in individual life insurance, group a credit life insurance, pension a annuities
General understanding financial accounting
How to apply

If you are qualified and up to the challenge, please send an updated Curriculum Vitae (Ms Word version) to recruitment@apollo.co.ke clearly stating the job position as the subject.

Include your daytime contact, current & expected remuneration.

Deadline for application is 30th December 2011.

Only shortlisted candidates will be contacted.