CIC INSURANCE SENIOR ACTUARIAL ANALYST VACANCY

CIC INSURANCE SENIOR ACTUARIAL ANALYST VACANCY

Job Purpose
To provide actuarial analysis to CIC General Insurance Limited to ensure the company is always aware of its financial liability position, risks and market dynamics.
Duties & Responsibility

1. Reserving; build models to support valuations by product and by class and review adequacy of case reserves.
   
2. Financial Planning; creation of business plans and projections in line with the intended plans.
   
3. Reinsurance; provide analysis of experience in line with current arrangements and to support the renegotiation of the existing contracts.
   
4. Reporting; provide comprehensive actuarial reports to the business each quarter and highlight key issues on an ongoing basis including solvency and capital monitoring.
   
5. Risk analysis; address all areas raise by the IRA in their risk inspection and continue to highlight emerging risks.
   
6. Product review; monitor experience on all products.
   

Skills &Academic qualifications
BSc. Actuarial Science.
MSc. Actuarial would be an added advantage.
Professional qualifications
At least 10 Professional Actuarial Exams.
CA1 and at least one ST required.


Relevant work experience
At least 2 Years working experience in the insurance industry.



Skills, Knowledge and competencies

• Excellent in statistical analysis.
  
• Problem solving skills with attention to detail.
  
• Proficiency in MS Excel
  
• Excellent report writing and presentation skills
  
• Knowledge in statistical packages

If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, kindly send your resume to the address below indicating on the subject of your email the job title.

For example: Ref : Application for SENIOR ACTUARIAL ANALYST– CIC GENERAL INSURANCE LTD
To:
THE GROUP HUMAN RESOURCES MANAGER
CIC INSURANCE GROUP LTD

Strictly through Email to: recruitment@cic.co.ke.

The application should reach us by close of business on 8^th August, 2014. Please note only short listed candidate will be contacted. If you do not hear from us by 11^th August, 2014 consider your application unsuccessful.