Old Mutual Intermediate Actuarial Specialist Job in Kenya

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Old Mutual Intermediate Actuarial Specialist Job in Kenya

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 Careers at Old Mutual Kenya by 1st December 2014
Only shortlisted candidates will be contacted