CIC Group

Insurance and financial services

Actuarial Assistant

Actuarial & Risk ModellingConfirmed live in the last 24 hours

Full-timeNairobi, KenyaNo salary listedIn-person

About the Job

Requirements

A Bachelor of Science degree in Actuarial Science, Statistics, Mathematics, or a related field is required.
At least three actuarial exams from the Institute of Actuaries are required.
At least one year of relevant experience is required.

Responsibilities

Collect, compile, and analyze data for quarterly valuation models of liabilities on specific lines of business.
Collect, compile, and analyze data for product development, monitoring, and reviews on specific lines of business.
Consolidate and analyze data from AKI/IRA for quarterly industry analysis reports.
Perform monthly business and finance data checks on specific lines of business.
Consolidate and analyze investment portfolio data for the subsidiary.

PURPOSE:

Providing 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 quarterly 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
Consolidate and analyze data on the investment portfolio for the subsidiary.

Academic and Professional Requirements:

BSc. Actuarial Science or Statistics or Mathematics or related field is required.
Student Actuary - At least 3 actuarial exams from the Institute of Actuaries.

Experience Required:

1 year of relevant experience

About the Company

CIC Group

Insurance and financial services

CIC Group is a East African insurance and financial services group. It provides general insurance, life insurance, health coverage, asset management, and related financial products through operating companies. The group serves individuals, families, businesses, cooperatives, and institutions across its regional markets. Its model combines underwriting and actuarial work with claims, clinical review, investments, distribution, customer service, technology, finance, risk, and compliance. Work spans actuarial, underwriting, claims, nursing review, investments, software, client service, sales, and operations.

Company size: 1-10
Company stage: Not listed
Total funding: Not listed
Headquarters: Betim, Brazil
Founded: 2002

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