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Actuarial Assistant

Nairobi, Kenya
Company Details
Industry: Banking
Description: 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
Job Description

PURPOSE:

Providing 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 quarterly 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
  • Consolidate and analyze data on the investment portfolio for the subsidiary.

Academic and Professional Requirements

Education

  • BSc. Actuarial Science or Statistics or Mathematics or related field is required.
  • Professional Qualification    Student Actuary – At least 3 actuarial exams from the Institute of Actuaries.    E

Experience Required:

  • One-year Relevant experience
Education: Degree, Diploma
Employment Type: Full Time

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