Intermediate Actuarial Specialist Job at Old Mutual

Intermediate Actuarial Specialist Job at Old Mutual… See details on how to apply for the opportunities available at Old Mutual.

Descriptions;

Responsibilities:

• Technical Actuarial Support: Conduct and/or review internal actuarial liability valuations for UAPTZ, analysis of profitability/surplus
• Aggregation of Results: Collate, review and interpret actuarial results for UAP Insurance Tanzania
• Undertake and review: Pricing, profitability, experience analysis, and other relevant actuarial investigations for relevant insurance BUs to inform business decisions.
• Risk Management Support: assist BUs/Risk Department in identifying, quantifying risk (insurance, market, credit risks etc.) where appropriate and formulating appropriate risk mitigation measures for UAPTZ and having an enterprise-wide view
• Solvency and Capital management: Carry out solvency computation for UAPTZ on the current regulatory capital regime and proposed risk-based capital basis including solvency stress tests.
• Investment Strategy Support: assist in developing/formulating appropriate investment strategies and/or review of, and monitoring of investment strategies for the company
• Develop/assist with review of appropriateness, adequacy and cost efficiency of reinsurance and underwriting arrangements in place and/or formulating the same for the company
• Collating treaty reinsurance statistics and participating in the treaty renewal negotiation
• Recovering excess of loss claims from reinsurance on timely basis as the loss are admitted
• Monthly review of the premium and claims registers for accuracy and completeness of the premiums ceded and claims recoveries
• Preparing proportional treaty statements for reinsurance on a quarterly basis
• Documenting cash calls for settlement by reinsurers
• Preparing profit commission and excess of loss adjustment statements

Education:

Bachelor Of Accounting Sciences: Actuarial Science (Required)

How to Apply

Submit your CV and Application on Company Website : Click Here

Application Deadline: 21st January 2022