MAIN PURPOSE OF JOB
Responsible for producing quantitative and qualitative analytical data required to assess the risk of existing and potential group business.
ROLE AND RESPONSIBILITIES
• Analyses data and assess the risk in existing and new business, to inform decision making.
• Prepares and analyses ratings for new and existing business
• Carries out statutory validation, data checks & verification, validations for assets, identifying liabilities and risks
• Assists Actuaries with technical support and analysis
• Produce reports on analysis findings
• Provides support in design and pricing of insurance policies
• Develop processes for improved data analysis and reporting
• Provide research and baseline data to review the pricing of new and existing products, financial reporting, analyzing statistics for the group.
QUALIFICATIONS AND EXPERIENCE REQUIRED.
• Minimum-Bachelor’s degree in Mathematics, Statistics, Actuarial Science or equivalent
• Certified by acclaimed Actuarial body/institution/s
• 2+ years of relevant experience (corporate actuarial environment)
COMPETENCIES REQUIRED
• Exceptional mathematical and statistical knowledge and understanding
• Knowledge, calculus, statistics, probability
• Analytical, meticulous, problem-solving skills
• Good understanding of finance, accounting, economics
• Good communication skills (oral & written)
• Basic knowledge of laws, legal codes, industry regulations
• Ability to follow instructions, contribute constructively and work with teams