ACTUARIAL OFFICER
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
• Organize 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.
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
• Organize 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.