Actuarial Assistant at CIC Insurance Group

Location: Nairobi
Job Type: Full-Time
Application Deadline: 17th December 2024

Purpose:

The Actuarial Assistant will provide financial analysis to support the valuation of 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 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 the 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.

Key Skills, Knowledge, Experience, and Behavioral Competencies:

Academic and Professional Requirements:

• Education: Bachelor’s Degree in Actuarial Science, Statistics, Mathematics, or a related field. (Essential)

• Professional Qualification: Student Actuary – At least 3 actuarial exams from the Institute of Actuaries. (Essential)

Experience Required:

• Relevant Experience: 1 year (Essential)

Knowledge & Skills:

• Knowledge of actuarial software and its capabilities and output.

• Strong communication and presentation skills.

• Problem-solving skills.

• Excellent interpersonal skills and leadership abilities.

• Good analytical skills.

• Computer literacy in MS Office and other office applications.

Behavioral Competencies:

• Core Competencies (Proficiency Level: Intermediate):

  • Customer Focus

  • Business Acumen

  • Driving Innovation

  • Driving Business Performance

  • Negotiation and Influence

  • Effective Communication

• Leadership Competencies (Proficiency Level: Intermediate):

  • Enabling Strategic Alignment

  • Accountability

  • Quality Operational & Decision Making

  • Building Partnerships

  • Coaching and Mentoring

  • Emotional Intelligence

  • Conflict Management

CIC Insurance Group Values:

CIC Insurance Group upholds the following values to drive performance:

• Integrity: Be fair and transparent.

• Dynamism: Be passionate and innovative.

• Performance: Be efficient and results-driven.

• Co-operation: Live the co-operative spirit.

Job Profile Sign-Off:

• Perform quality work within deadlines, ensuring tasks are done right the first time, with or without direct supervision.

• Interact professionally with other employees, customers, and suppliers.

• Work effectively as a team contributor on all assignments.

• Work independently, understanding the need to communicate and coordinate with other employees and organizations.

• Demonstrate unconditional positive regard for customers.

How to Apply:

If you meet the qualifications and are ready to take on the responsibilities outlined, please apply via the following link: CIC Insurance Careers. Clearly indicate the position you are applying for.

• Deadline: 17th December 2024

• Please note that only short-listed candidates will be contacted. If you have not heard from us by 31st December 2024, consider your application unsuccessful.

Note: This job opportunity is open to both internal and external candidates.

Join Our Platforms for More Opportunities

Job Opportunities

Stay updated with the latest job openings and career development opportunities by joining our platforms:

• Job Group 1: Join Here

• Job Group 2: Join Here

• Job Group 3: Join Here

• Job Channel: Follow Here

Scholarship Opportunities

Access information on scholarships, academic funding, and higher education opportunities:

• Scholarship Group: Join Here

• Scholarship Channel: Follow Here