Responsibilities
Financial & Regulatory Reporting
- Support
the production and review of IFRS 17 valuation results and associated
disclosures.
- Support
the production and review of statutory filings in accordance with
Insurance Regulatory Authority (IRA) requirements, and Management Reports
for internal use (e.g., VNB, VIF, EV, etc).
- Work
in collaboration with the finance team to align actuals vs. budget and
enhance monthly close efficiency.
Experience Monitoring
Assist in performing periodic claims experience analyses to
guide pricing and reserving assumptions and provide actionable recommendations
to management.
Capital Modelling
- Run
capital adequacy assessments under local solvency regulations.
- Assist
in producing Capital Adequacy reports with recommendations to management.
Pricing & Product Development
- Pricing
of new individual and group life products, ensuring profitability,
competitiveness, and regulatory compliance.
- Assist
in enhancing pricing tools and profitability testing models.
Budgeting & Strategy Actuarial Inputs
- Assist
in providing actuarial inputs for IFRS 17 budgets and five-year business
planning using actuarial projection models.
- Working
closely with the finance team to ensure the success of budgeting and
strategic planning processes.
Academic
Qualifications
Bachelor’s degree in actuarial science or related field. A
master’s degree in actuarial management will be an added advantage.
Technical Skills
- Proficient
in actuarial modelling tools (e.g. Basys, RiskIntegrity, Advanced Excel
Skills, Excel VBA, Python, R, etc).
- Advanced
analytical skills and business insight.
- Familiarity
with Power BI or other dashboarding tools is a plus.
Behavioural Attributes
- Strong
attention to detail and a commitment to accuracy.
- Able
to manage multiple deadlines and priorities under minimal supervision.
- Effective
communicator—both written and verbal—with stakeholders at all levels.
- Mentorship
mindset and a collaborative team player.
Experience
- Minimum
2 years actuarial experience, preferrably in life insurance.
- Experience
in IFRS 17 valuation and reporting is an advantage.
- Experience
in calculating VIF, VNB and Embedded Value is an advantage.
- Understanding
of Asset-Liability Management Process.
How to Apply
