Actuarial Function Senior Officer at GA Insurance Limited

On Tuesday, August 22nd, 2017
Job Summary: The incumbent shall be responsible for evaluation of, and the provision of advice to GA Insurance Ltd concerning:
  1. The technical provisions;
  2. Premium and pricing;
  3. Scenario and sensitivity testing; and
  4. Compliance with the statutory obligations of the line business
Main Responsibilities
The incumbent shall be responsible for evaluation and advising on the following:
  • Valuation of liabilities and technical provisions.
  • Solvency position, including calculation of minimum capital required for regulatory purposes and liability and loss provisions;
  • Prospective solvency position and distribution of benefits;
  • Reinsurance arrangements;
  • Actuarial and financial risks;
  • Risk assessment and management policies and controls relevant to actuarial matters or financial condition;
  • Product development and design, including the terms and conditions of insurance contracts;
  • Sufficiency and quality of data used in the calculation of technical provisions;
  • Investment policies and the valuation of assets;
  • Underwriting policies, risk modeling and use of internal models.
Academic Qualifications:
  • Graduate with a degree in Actuarial Science / Statistics
  • Professional actuarial exams (minimum 12/15 exams)
Functional Skills
  • Analytical Skills
  • Exploitation and application of Information Technology
  • Actuarial modelling
  • Risk Management
  • Visionary Leadership
  • Market Awareness
  • Customer Focus
  • Continuous Innovation
  • Ownership & Commitment
  • Team Spirit   
The candidate must have at least 4 year of relevant experience:

How to Apply

If you meet the above minimum requirements, send your c.v to [email protected]  indicate the position applied for on the email subject line so as to be received on or before 1st September, 2017. 
Only short listed candidates will be contacted.
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