Summary
Date Posted: Friday, June 10, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Essential Duties and Responsibilities:
• Coordinate with relevant department in the preparation of valuation data.
• Perform monthly calculation of the technical reserves using appropriate actuarial methodology.
• Assist in carrying out Pricing, Profit and Sensitivity testing for new or repackaged products.
• Review and monitor experience of products to inform decision making.
• Perform experience reviews to inform assumptions used in product pricing and actuarial valuations.
• Assist with review of appropriateness, adequacy and cost efficiency of reinsurance and underwriting arrangements in place
• Perform analysis on industry trends and market to inform decision making on a quarterly basis
• Support with the implementation of the IFRS 17 reporting Standard.

Qualifications and Experience Required:
• Bachelor's degree in Actuarial Science, Mathematics, or related field.
• A minimum of 2 completed Professional Actuarial examinations.
• Over 3 years' experience in Insurance Operations with at least 1 year of Actuarial experience.
• Good understanding of Insurance principles and practices in Tanzania.
• Strong analytical and detailed-oriented aptitude with a high degree of accuracy and attention to parameters of instructions, prescribed methodology, and standard operating procedures.
• Excellent communication, report writing and interpersonal skills.
• Excellent planning and organizational skills.
• Excellent time management skills, must be able to work under pressure and meet deadlines, while maintaining a positive attitude.
• Must comply with the policies and procedures of the company.
• Ability to portray high level of integrity and professionalism, including well-groomed appearance.
• People who are differently abled (also known as people with disabilities) are highly encouraged to apply for this position.

Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

Job application procedure
If you are confident that you match the above-mentioned criteria, please send your detailed C.V stating the position in the subject line to: hr@alliancelife.co.tz . Deadline to submit your application is 17h00 on Friday, 17th June 2022. Applications received after the deadline will not be considered. Only shortlisted candidates will be contacted.


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