|
Actuarial Valuations Specialist Life Uganda Jobs – UAP Old Mutual Insurance
Posted by: ugashare-Volunteer
Posted date: 2024-Jun-21
Location: Kampala, Uganda
Job Title:Â Â Actuarial Valuations Specialist Life Uganda Organisation: UAP Old Mutual Uganda Duty Station:Â Â Kampala, Uganda About Organisation: UAP Old Mutual Uganda is owned by UAP Old Mutual Group, a subsidiary of Old Mutual Limited (OML). The Group employs 27 000 people, operates in 14 countries and is listed on five stock exchanges. Â Job Summary: Â Â The Actuarial Valuations Specialist Life Uganda will be tasked with the: - Provision of Actuarial Services to Old Mutual Assurance Uganda 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
- Conduct accuracy checks, and analyses data to draw conclusions and make recommendations
- Generate actuarial reports on various technical issues to Group Actuary, Senior Management and Board of Directors.
 Key Duties and Responsibilities: - Technical Actuarial Support: conduct and review internal actuarial liability valuations for relevant insurance subsidiaries, IFRS17 valuations, analysis of profitability/surplus, calculation and analysis of embedded value using Prophet and MS Excel for OM Life entities.
- Experience Investigations: perform profitability analysis, experience analysis, and other relevant actuarial investigations to inform business decisions.
- Solvency and Capital management: perform solvency computation for the entity on a risk-based capital basis including solvency stress tests.
- Financial Modeling: perform financial modeling of business scenarios/projects to inform business decision making.
- Strategy and Business Planning Support: carry out business planning financial projections and solvency projections for the life entities. Perform stress and scenario analysis on the plan numbers.
- Reinsurance Support: Carry out a reinsurance analysis for the East Africa subsidiaries to explore ways to optimize on reinsurance arrangements.
- Reporting and Documentation: presentation and reports to businesses and subsidiary boards committees. Preparation of Board Papers and regulatory solvency and valuation reports.
- Risk Management support: assist the Business Units and Risk Department in identifying, quantifying risk (insurance, market, credit risks etc.) where appropriate.
- Investment Strategy support: Develop/formulate appropriate investment strategies and/or review and monitoring of investment strategies for OM Life businesses.
- Other reasonable duties that may be assigned by management.
Â
Qualifications, Skills and Experience: - Bachelor of Actuarial Science or other related finance or mathematics degree.
- Minimum 3-5 years actuarial experience
- Actuarial Knowledge: Show progress with actuarial examinations
- Familiar with the current Insurance regulations, Capital markets and Central Bank regulations
- Strong actuarial technical skills
- Knowledge of Prophet Software or other reserving software
- Strong analytical skills
- Strong data programming skills
- Required Skills: Actuarial Science, Actuarial Services, Actuarial Valuation, Analytical Thinking, Business, Business Decisions, Business Planning, Capital Management, Capital Markets, Decision Making, Drawing, Embedded Value, Exploration, Financial Modeling, Investment Strategies, Large Group Presentations, Management Support, People Management, Profitability Analysis, Reinsurance, Scenario Analysis, Solvency, Strategic Support, Valuating
 How to Apply: All candidates should apply online at the link below.  Click Here Deadline: 1st July 2024 For more of the latest jobs, please visit https://www.ugashare.com or find us on our facebook page https://www.facebook.com/Ugashare Related Jobs Job Title:  Manager Monitoring & Evaluation Organisation: Microfinance Support Centre… Job Title:  Senior Risk and Compliance Officer Organisation: Microfinance Support… Job Title:  Senior Officer Monitoring & Evaluation Organisation: Microfinance Support… Job Title:  Branch Coordinator – Car Bond Finance Product Organisation:… Job Title:  Finance & Admin Assistant  Organisation: Infectious Diseases… Job Title:  Branch Operations Officer (Several Fresher Jobs) Organisation: Nzuri…
|