NairobiKE
Full-time
Masters
1 day ago08/11/202609/10/2026
- Accepting Applications
Lets Write Africa's Story Together!Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.Job DescriptionThis role involves working as part of the Actuarial Team within Old Mutual Life Kenya to support the Senior Valuations Specialists and Head of Life Actuarial/Senior Management/Boards with the following:• Ensure provision of Actuarial Services to Old Mutual Life Kenya by working closely with the Business Entities and other Group Functions to meet their needs. This includes reserving, pricing, product reviews, experience reviews and solvency and capital management• Conducts accuracy checks, and analyses data to draw conclusions and make recommendations• Generate actuarial reports on various technical issues to Head of Actuarial, Senior Management and Board of Directors.1. KEY TASKS AND RESPONSIBILITIESTechnical Actuarial Support: Conduct and/or review internal actuarial liability valuations for relevant insurance subsidiaries and analysis of profitability/surplusReview of external actuaries’ report and collaboration with the appointed actuaries to produce the Financial Condition ReportExperience Investigations: Perform profitability analysis, experience analysis, and other relevant actuarial investigations to inform business decisionsProduct Profitability Review: Perform profitability analysis, experience analysis, and other relevant actuarial investigations for Old Mutual to inform business decisionsSolvency and Capital management: Carry out solvency computation for the BUs on a risk-based capital basis including solvency stress testsFinancial Modeling: assist with financial modeling of business scenarios/projects to inform business decision makingStrategy and Business Planning Support: assist with business planning financial projections and solvency projections for the Business Units. Perform stress and scenario analysis on the plan numbersReinsurance Support: Carry out a...
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Our Group was established in Cape Town in 1845 as South Africa’s first mutual life insurance company, offering financial security in uncertain times. Our purpose is to help our customers thrive by en...