Manager - Actuarial - General Insurance

Job Purpose:-

To manage the Actuarial & Analytics team in providing actuarial services to the group.

Candidate is expected to work on traditional/non-traditional pricing products, Structured Re/insurance Solutions, loss modelling and any other ad hoc support.

Understand the advanced analytics requirements and plan tools/concepts.

- Development and reconciliation of frequency and severity models

- Loss forecasting using simulation techniques

- Estimation of IBNRs using standard actuarial methods or other statistically robust techniques.

- Ability to develop new and maintain existing tools either independently (Excel and VBA based) or as supervised by reporting manager

- Ability to consolidation and Communication of results

- Carry out all other reasonable requests and objectives to an acceptable standard within agreed timescales

- Prepare reports and letters relating to actuarial advice

- Actively participate in departmental meetings

- Develop an understanding of technical areas as appropriate to role under the guidance of a senior member of the team

- Assist management in creating and maintain an up to date knowledge data base on property & casualty insurance/reinsurance actuarial procedures

- Proper recording of time and maintenance of timesheets

- Contribute ideas and suggestions for improvements to process templates

- Training and sharing of knowledge with colleagues

- Make steady progress with appropriate professional examinations as agreed with line manager with the support of the company

Principal Accountabilities

Position may require leading a team and coordination of activities

Play a leadership role in challenging the team to question the existing process and come up with Value added insights and solutions for continuous improvement.

Required Candidate Skills:-

Essential: Graduation in any stream. Should be a member of the Actuarial profession (enrolled to complete actuarial studies at least)

Essential: Should have successfully cleared 5 to 10 actuarial papers

Desirable: Should have cleared CT1,CT4,CT8,CT6

Essential: 5-7 years of relevant experience in the areas on P&C (property & casualty) actuarial valuation/pricing.Should have some prior people management experience.

Essential: knowledge of insurance domain

Essential:

- Excellent oral & written communication skills

- Ability to manage difficult and multiple clients

- People management skills

- Good analytical abilities

Desirable: Influencing and negotiations skills

Interested candidates may apply Or contact 02261717735