Actuarial Associate (Fixed Term Contract) At Britam

Job Purpose:
The role holder is responsible for executing the day-to-day tasks/projects of the Actuarial unit by performing data checks and analysis, experience investigations, business projections and valuation of technical liabilities for the assigned LOB.
Key responsibilities:
Coordinate with the assigned Segment in the preparation of valuation data.
Timely calculation of accurate insurance technical liabilities provided for monthly financial reporting as well as carrying out Reserve Adequacy Tests. This includes preparation of reports on valuation results.
Timely calculation of solvency on monthly basis.
Carry out experience investigations as directed e.g. on expenses, product portfolio experience, intermediary loss ratio reports, etc.
Prepare input data for the annual business planning exercise, strategy reviews and for capital management/solvency purposes as well as Stress and Scenario testing on the projections.
Coordinate with the assigned Segment in the preparation of data for the management and board reports.
Perform any other duties as may be assigned from time to time.

Knowledge, experience and qualifications required:
University Degree in actuarial science, statistics, engineering, mathematics, physics, economics or related field with strong emphasis on mathematical proficiency.
Entry level.
Progress in Institute of Actuaries examinations (2 paper).