Actuarial Analyst
Job Description
Apollo Group (Apollo Investments Limited)was an idea born from the need to harness synergies across the insurance business. Built on commitment, integrity and innovation, it has risen to be one of the leading financial groups in East Africa. Apollo Investments Limited (AIL) includes APA Insurance (Kenya and Uganda). It underwrites General Insurance risks …
Actuarial Analyst
KEY PRIMARY RESPONSIBILITIES
Financial & Regulatory Reporting
- Production and review of IFRS 17 valuation results and associated disclosures.
- Production and Review of statutory filings in accordance with Insurance Regulatory Authority (IRA), and Management Reports for internal consumption (VNB, VIF, EV, etc).
- Collaborate with finance to align actuals vs budget and improve monthly close efficiency.
Experience Monitoring
- Perform periodic claims experience analyses to guide pricing, reserving assumptions, and give recommendations for management actions.
Capital Modelling
- Run capital adequacy assessments under local solvency regulations. Produce Capital Adequacy reports with recommendations to management.
Pricing & Product Development
- New Product development/Pricing, ensuring alignment with profitability, competitiveness, and regulatory standards.
Budgeting & Strategy Actuarial Inputs
- Support Budgets and Strategy planning and projections with actuarial input.
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