Senior Actuarial Manager

SUMMARY:
A leading global insurance organization is seeking a Senior Actuarial Analyst to support the Actuarial Function in the African region. The incumbent will be expected to assist in all areas of Actuarial service delivery with particular emphasis on the non-life business.

POSITION INFO:

Minimum Requirements:

• Degree in Actuarial Science, Mathematics, or related areas required
• Relevant insurance experience
• Member of an Actuarial Institution making good progress through exams
• Proven proficiency in actuarial concepts/methodologies
• Excellent analytical, quantitative, and communication skills
• Team Player with the ability to work effectively within cross-functional teams
• Ability to navigate through complexity
• Critical thinking & execution skills

 Performance Areas (Responsibilities)

• Support the calculation of US GAAP and IFRS reserves for the African entities
• Ensure that all regulatory and actuarial requirements are met
• Deliver annual and quarterly annual actuarial reserving studies
• Support the budgeting process and business partnering by providing ultimate loss ratios by accident year from the reserve study to the business
• Support the bridging initiative between Finance and Pricing Actuarial teams to ensure alignment of views on ultimate losses across functions
• Support the development of processes, procedures and metrics to enable the businesses to comply with Pillar II of SAM.
• Support the calculation of the SAM Technical Provisions.
• Assist in model validation of Standard Model for SCR and MCR calculations and provide technical support for the Own Risk and Solvency Assessment
• Support the development of procedures to produce, document and report opinions on the adequacy of reinsurance arrangements and align/implement a reinsurance strategy in line with SAM requirements
• Support the deliverables and engagement for the annual year-end audit
• Support in any project or ad-hoc requirements as needed

Do not miss out on this golden opportunity to expand your skillset and experience within a diversified global institution. Taking the next step in your career means that you are one step closer to success. Should you have relevant experience, and you meet the necessary requirements, please apply for this role ASAP!

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