New Job Opportunity at Britam Insurance Tanzania - Actuarial Associate

Britam Insurance Tanzania

Jobs in Tanzania 2022: New Job Vacancies at Britam Insurance Tanzania 2022

💥MPYA: UNAFELI WAPI? INSTALL/UPDATE APP YETU. CLICK HERE!💥

AJIRA MPYA TANZANIA 2022 | NAFASI MPYA ZA KAZI 2022

Actuarial Associate - (2200003Q)
Job Purpose and Key responsibilities
Job purpose
The role holder is responsible for assisting in the day to day running of the Actuarial unit by performing data checks and analysis; experience investigations, business projections and valuation of technical liabilities for the assigned business unit.
Recommended:
PAST PAPERS ZA DARASA LA 7 MPAKA FORM SIX | NECTA AND MOCK EXAMS 1988 - 2019. CLICK HERE!

Key responsibilities

• Coordinate with the assigned business units in the preparation of valuation data.
• Timely calculation and reporting of accurate insurance technical liabilities provided for monthly financial reporting as well as carrying out Reserve Adequacy Tests. This includes preparation of reports on valuation results.
• Timely calculation of solvency on monthly basis.
• Carry out experience investigations as directed e.g. on expenses, product portfolio experience, intermediary loss ratio reports, etc.
• Participate in product development as and when required including modelling, profit and sensitivity testing. Assist in product pricing and setup in the actuarial pricing and valuation system.
• Carry out business projections for the annual business planning exercise, strategy reviews and for capital management / Solvency purposes as well as Stress and Scenario testing on the projections.
• Ensuring compliance to regulatory requirements.
• Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard.
• Perform any other duties as may be assigned from time to time.

Recommended:
Free CV Writing and Download, Cover/Job Application Letters, Interview Questions and It's Best Answers plus Examples. Click Here!

Key Performance Measures:
STRATEGIC PERSPECTIVE KPI’S
INITIATIVES PERSPECTIVE KPI’S
OPERATIONAL PERSPECTIVE KPI’S
N/B: Refer to annual Personal Score Card (PSC) for further details.

Working Relationships:
Internal Relationships;

• Required to liaise and work closely with all Britam staff

External Relationships;

• Statutory bodies
• External Consultants/Auditors

Read Also:

NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2022 (1,319 POSTS)

Knowledge, experience and qualifications required
Knowledge, experience and qualifications required

• Bachelor's degree in actuarial sciences, statistics or any mathematics related field.
• Passed a minimum of 2 Professional Actuarial Examinations.
• 0-2 years’ experience in a similar position
• Strong computer and business solutions software skills.
• Strong analytical and problem solving skills.

Recommended:
Download Your National ID (NIDA) Number  Here | Download NAMBA NA KITAMBULISHO CHAKO CHA NIDA. BONYEZA HAPA!

Primary Location: Tanzania, United Republic of-Mtwara-Mtwara
Organization: International Insurance Business
Job Type: Permanent
Shift: Day Job
Contract Type: Full-time
Job Posting: 19-08-2022
Unposting Date: 02-09-2022
Number of Openings: 1

CLICK HERE TO APPLY!