Key Responsibilities
- Computation of reserves including IBNR, IBNER, Outstanding claims reserves, as input into management reports and for use in supervision of solvency
- Performing continuous data accuracy assessments to ensure accurate and up to date data is used by the team.
- Preparation of various underwriting reports i.e Quarterly claims analysis reports, calculating loss ratio per client to establish their performance prior to renewal together with the pricing and statistics team.
- Supporting marketing team in Product development by identifying the consumer needs and developing required products and enhancements.
- Initiate continuous review and enhancements of underwriting and valuation processes and manuals with reference to best practices in the line of business.
Education, Experience & Competencies
- Holder of a degree in Actuarial Science or with a bias in Mathematics.
- Possess at least 2 years relevant experience.
- Must have passed at least six (6) actuarial professional papers.
- Have a good understanding of the concepts of Medical and non-medical Insurance.
- Proficient in the use of Microsoft office suite and packages.
- Knowledge in R programming or VBA, and use of any business intelligence tool will be an added advantage.
- Strong analytical and problem solving skills.
Applications to [email protected] by Friday 23rd December 2022.
