Actuarial Officer - Financial institution



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Actuarial Officer - Financial institution





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1. Patiently scroll down and read the job description below.

2. Scroll down and find how to apply or mode of application for this job after the job description.

3. Carefully follow the instructions on how to apply.

4. Always apply for a job by attaching CV with a Cover Letter / Application Letter.


A reputable non-bank financial institution is seeking to recruit an Actuarial Officer to join the Company's Actuarial Department.

Duties and Responsibilities:

Reporting to the Head of the Actuarial Department, the Actuarial Officer will be required to:

  • Calculate quarterly and annual actuarial valuations.
  • Assist in the preparation of periodic solvency reports.
  • Prepare and perform analyses on the company's financial condition report.
  • Perform analysis on retrocession optimisation and compile retrocession
  • Review documents pertaining to the retrocession arrangements and ensure compliance with the regulatory body on reinsurance arrangements.
  • Assist in the performance of trend analyses on the various Key Performance Indicators
  • Assist in the determination of annual budget projections on the underwriting KPI's based on the trend analyses for the company.
  • Collate data and perform various analyses as required for credit rating of the Company.


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Competencies:

  • Ability to cope with work and time pressure.
  • Ability to pay attention
  • Ability to conduct detailed analysis.
  • Good report writing skills.
  • Must be a team player.
  • Ability to organise and execute work to meet tight deadlines.
  • Must have advanced excel and programing skilFs.

Qualification and Experience:

  • Minimum of a Bachelor's Degree in Actuarial Science.
  • Minimum of two (2) years experience in the insurance industry.
  • Must be a member of Actuarial Society.

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