Actuarial OfficerNew!

• Support the development, review and actuarial pricing of life and general insurance products.
• Calculate and monitor technical provisions, insurance liabilities and reserves in line with actuarial standards.
• Analyse claims experience, mortality, morbidity, lapse rates and loss ratios to assess portfolio profitability.
• Identify, measure and monitor insurance risks and recommend improvements to underwriting and risk practice.
• Support reinsurance programme reviews, treaty negotiations, retention levels and reinsurance performance analysis.
• Prepare actuarial reports, statistical analyses and information for financial reporting and IRA submissions.
• Ensure accuracy and completeness of actuarial data and build models for forecasting and performance monitoring.
• Review existing products, pricing assumptions and claims experience, recommending adjustments.
• Provide actuarial inputs into budgeting, business planning and financial projections.
• Work with underwriting, finance, claims, risk and business development teams across both subsidiaries.

Qualifications & Experience:

• Bachelor's degree in Actuarial Science, Statistics, Mathematics, Applied Mathematics, Economics or another quantitative discipline.
• At least 4 papers of progress towards an actuarial qualification with IFoA, SOA or an equivalent body.
• Membership or student membership of a recognised actuarial professional body is an added advantage.
• Minimum 2 to 3 years of actuarial analysis, insurance, risk management or financial modelling experience, preferably in life and general insurance.
• Experience in product pricing, technical reserving, actuarial valuations and portfolio performance analysis.
• Working knowledge of claims analysis, loss ratios, mortality, morbidity and insurance risk assessment.
• Experience preparing actuarial reports and regulatory information.

Skills & Competencies:

• Strong actuarial, statistical and quantitative analysis.
• Financial modelling and data analysis.
• Actuarial software and statistical tools with strong Excel.
• Understanding of life and general insurance products, pricing and reserving.
• Numerical problem solving and critical thinking.
• Report writing, communication and presentation.
• Attention to detail, accuracy and data integrity.