Kenyan Alliance Insurance Job Vacancy Application Details

Filed in JOBS & CAREERS by on 11/01/2022 0 Comments

Job Vacancy Opened at Kenyan Alliance Insurance for Application | How to Apply.

The Kenyan Alliance Insurance Job Recruitment/Vacancies application form, requirements, eligibility, available positions, qualifications needed, application guidelines, application deadline-closing date, and other job updates are published here for free.

Kenyan Alliance Insurance Job Vacancy Application Instruction.

The Kenyan Alliance Insurance recruitment is opened for the below positions available. All Eligible and Interested applicants may apply online for the available vacancies before the recruitment application deadline as published on Kenyapen.com.

NOTE:

  • The Kenyan Alliance Insurance jobs recruitment application is totally free of charge
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Details of Kenyan Alliance Insurance Vacancy Positions & How to Apply.

The Kenyan Alliance Insurance is a leading Insurance and Financial Services Company offering a wide range of financial products and services in insurance. The product range includes life and general insurance, pensions, investment planning, wealth management, retirement planning and medical insurance.

As part of our growth strategy, the Company seeks to recruit a dynamic, passionate, innovative and result orientated professional to the below position;

Assistant Manager – Actuarial

Main Purpose of the Job- (Job Summary)

The job holder is responsible for coordinating all activities of the Actuarial unit, including but not restricted to; preparation of actuarial reserves, product development cycle and procedure, investment portfolio mandates and making monthly management reports.

Main Responsibilities

•    Ensure that all valuation data is received in time for the valuation exercise
•    Review valuation assumptions and recommend changes where necessary
•    Review valuation parameters and change where necessary in consultation with management or Group actuaries
•    Review valuation results and make the monthly management report
•    Review liability levels and advice the Accounting unit on the appropriate liability value to book in the accounts
•    Review and recommend on appropriate product pricing level for old and new products
•    Coordinate development of new product specs and models
•    Facilitate review of new products by the Associate Actuary and provide feedback to management
•    Continuously review product development cycle and procedure
•    In liaison with the other departments, roll out the implementation and training timetable
•    Coordinate review of new products and sign off by the Commissioner of Insurance
•    Continuously review the level of value provided by our products to the policyholders
•    Review and recommend appropriate profitability levels for all products on a monthly/quarterly basis
•    Evaluate the unit price generated by the Fund Managers on a monthly basis
•    Present actuarial reports to the board and management from time to time

Knowledge & Experience

The candidate must demonstrate and possess the following skills and qualifications:

Academic Qualification

  • Bachelor of Science in Insurance or Business Administration

Professional Qualifications

  • At least 9 Actuarial professional papers

Experience

  • Over 5 years’ experience in managing Actuarial Operations
  • In-depth understanding of the operations of a Composite Insurance company
  • Good marketing, communication, and presentation skill

Good knowledge of the insurance business

Method of Application

If you are interested in the position and have the required qualifications, please email a detailed CV indicating the current and expected salary and cover letter clearly indicating ‘ASSISTANT MANAGER – ACTUARIAL’ on the subject line to [email protected]

Closing Date: 25th January 2022.

Only shortlisted candidates will be contacted.

However, if you have any Feeling regarding the Kenyan Alliance Insurance Jobs RecruitmentPlease kindly DROP A COMMENT below and we will respond to it as soon as possible.

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