Senior Actuary at Africa Trade Insurance Agency

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Senior Actuary

Job Description – Senior Actuary
Reporting to the Chief Risk Officer, the role will also support both the Finance and the
Underwriting departments and will help with risk analysis, stress testing, reserving, pricing, and implementation of IFRS17.


Responsibilities
Develop or improve claims reserving methodologies
Develop and maintain a reliable statistical database
Develop a stress-testing model and conduct regular stress tests
Prepare monthly, quarterly and annual reports
Develop or improve ATI’s pricing model and monitor pricing adequacy for ATI’s overall
book of business
Assist with presentation of rate impacts to key stakeholders including senior management and ATI’s major accounts
Help optimize ATI’s reinsurance program
Establish and document actuarial procedures and methodologies
Provide data, analysis, and support to various external and internal customers; including auditors, reinsurers and reinsurance brokers, when required
Stay abreast of trends and innovations in the actuarial profession related to pricing,
reserving, credit and related areas
Develop a thorough understanding of IFRS 17 requirements from both an actuarial and accounting perspective
Advise and provide the necessary support on the IFRS 17 implementation project and
proactively participate in the implementation of an IFRS 17 tool
Coach other staff on the use and interpretation of standard actuarial procedures in the
risk, underwriting, claims and finance departments


Qualifications & Attributes
Qualified Actuary
6-8 years of experience in the actuarial field, including supporting actuarial reserving, pricing or financial modeling in the financial sector, related to Corporate or Commercial
Insurance. This experience period may include some time spent completing the
qualification process
Experience obtained in corporate or commercial banking or Insurance firms
A combination of education and experience demonstrating the knowledge, skills and
abilities required to perform the work will also be considered
Familiarity with appropriate data analytics tools
Ability to deliver timely, organized and consistent results

How to Apply
Please submit the following to [email protected]
1. An Application Letter (cover letter)
2. CV (to include details of your current remuneration package and details of three referees)
3.
Personal History Form

DEADLINE: Saturday, July 11th 2020

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