Actuarial Officer - Financial institution
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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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