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    Actuarial Assistant at - Nairobi, Kenya - CIC Insurance

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    Full time
    Description
    CIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi


    PURPOSE:


    To provide financial analysis to support valuation of the actuarial liabilities, pricing of new products, monitoring the performance of existing products, financial projections and market intelligence through industry analysis.


    PRIMARY RESPONSIBILITIES:
    Collect, compile and analyze data for use in valuation models of liabilities on specific lines of business
    Collect, compile and analyze data for use in product development, monitoring and reviews on specific lines of business
    Consolidate and analyze data from AKI/IRA for use in quarterly industry analysis report
    Perform monthly business and finance data checks on specific lines of business
    Create and develop models and tools used for various actuarial purposes
    Consolidate and analyze data on the investment portfolio for the subsidiary
    Involvement in CIC Group strategic initiatives such as IFRS 17 implementation and reporting.

    Academic and Professional Requirements
    Education

    Bachelor's degree in Actuarial Science or Statistics or Mathematics or a related field from a reputable university


    Experience Required:
    Relevant experience 2


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