Intermediate Actuarial Specialist Job Opportunity at Old Mutual in Kenya November 2014

 

Old Mutual plc. is a leading multinational long-term savings, protection and investment group which has been operating for over 169 years. 
It has operations in Africa, Europe, the Americas and Asia, supported by over 56,000 employees serving over 16 million customers. Old Mutual is listed on the London and Johannesburg Stock Exchange.
Old Mutual Kenya comprises of Old Mutual Life Assurance, Old Mutual Investment Group, Old Mutual Investment Services, Old Mutual Securities and Faulu Microfinance Bank.

The company has opportunity for qualified, experienced and talented individual to fill the following position.
Intermediate Actuarial Specialist

Reporting to the Actuarial Executive, the incumbent will be responsible for carrying out technical actuarial work, system testing, reporting, investigations and pricing oversight.


The key objectives for this position are: –
  • Manages Thought Express production support and version release Testing
  • Responsible for Retail reporting
  • Carries out semantics testing and sign off
  • Responsible for the processing of incentives and retainer and ensuring that commissions are correct and paid on time
  • Responsible for investigation of data investigations as directed
  • Responsible for Investigation of Old Mutual Investment Services and Old Mutual Life Assurance Company unit pricing
  • Checks, manipulates and analyses volumes of data and draws conclusions from the analysis.
  • Carries out technical actuarial work and ensuring its accuracy and proper implementation
  • Translates actuarial concepts into client friendly language.
  • Ensures client focus by meeting client needs, building inspiring relationships and taking responsibility for client experience.
  • Any other duties that may be allocated by management from time to time.
Qualifications and Experience
  • Bachelor’s Degree in Actuarial Science or related fields. Masters in Actuarial Science will be an added advantage
  • Passed a minimum of 10 Actuarial professional papers
  • Minimum of 4 years’ experience in actuarial function
  • Attention to detail
  • Ability to understand the big picture within which the business is operating, the inter – play between various components and the impact on the business
  • Personal effectiveness by taking responsibility for service delivery
  • Proficiency in advanced MS Excel
  • Exposure to Thought Express system will be an added advantage
  • Excellent communication and presentation skills
  • Self-starter who shows initiative and is able to work with minimal supervision.
Interested candidates who meet the above qualifications and experience should apply for the role via http://careers.oldmutual.co.ke by 1st December 2014

Only shortlisted candidates will be contacted

 



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