Actuarial Assistant at CIC Insurance

Found in: beBee S KE - 3 weeks ago


Nairobi, Kenya CIC Insurance Full time

CIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi

PURPOSE:
To provide financial analysis to support valuation of the actuarial liabilities, pricing of new products, monitoring the performance of existing products, financial projections and market intelligence through industry analysis.
PRIMARY RESPONSIBILITIES:

Collect, compile and analyze data for use in valuation models of liabilities on specific lines of business
Collect, compile and analyze data for use in product development, monitoring and reviews on specific lines of business
Consolidate and analyze data from AKI/IRA for use in quarterly industry analysis report
Perform monthly business and finance data checks on specific lines of business
Create and develop models and tools used for various actuarial purposes
Consolidate and analyze data on the investment portfolio for the subsidiary
Involvement in CIC Group strategic initiatives such as IFRS 17 implementation and reporting.

Academic and Professional Requirements
Education 

Bachelor’s degree in Actuarial Science or Statistics or Mathematics or a related field from a reputable university

Experience Required:

Relevant experience    2


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