Summary
Date Posted: Friday, June 23 2023, Base Salary: Not Disclosed

JOB DETAILS:
Job Description
Provide a technical and fit-for-purpose actuarial business partnering service to Old Mutual Africa Region’s General Insurance (GI) entities [i.e. entities in Botswana, Namibia, Nigeria, Zimbabwe and the UAP-OM Group (operating in Kenya, Rwanda, Tanzania, Uganda and South Sudan)].

Key Result Areas
Project Delivery:
• Working with the business units to formulate and manage data-driven projects which are geared at furthering the business’s interests.
• Collating and cleaning data from various entities for use in the assigned data projects.
• Working with stakeholders to ensure successful completion of assigned projects.

Business Planning:
• Provided actuarial support during the business planning process

Business Partnering:
• Assisting business units to monitor and report the performance of key projects and strategic initiatives.
• Selecting and employing advanced statistical procedures to obtain actionable insights.
• Assist the business units to assess through producing non-technical reports that detail the successes and limitations of each project/strategic initiatives.
• Suggesting ways in which insights obtained might be used to inform business strategies.
• Staying informed about developments in the operating environment to ensure that outputs are always relevant.

Risk Management and control environment:
• Assist the business units to implement data validation programs to improve on the reserving/reporting controls
• Maintain and refine a reporting process to ensure timely and accurate distribution of relevant management information to RoA countries, Old Mutual Africa (OMA) and Old Mutual Limited (OML)
• Provide support in developing appropriate capital management metrics and a capital management framework for the GI entities within the Group
• Provide support to the Risk Management Function, including the ORSA
• Support the Corporate Actuary and the Finance Actuary in performing their oversight functions across the RoA entities

Reserves
• Provide support to the Corporate Actuarial team coin the implementation of IFRS17 across the various OMAR entities

Reinsurance Support
• Provide actuarial support, as applicable, in structuring reinsurance programs and assessing performance of the structures for entities in the Group.
• Maintain effective people practices
• Empower emerging leaders and specialists to achieve technical excellence and innovation

Requirements: Skills, Qualifications, Experience required
• Relevant bachelor’s degree in actuarial science, statistics, or mathematics
• Proficiency in R or Python , where the latter is preferred and power BI.
• In-depth understanding of SQL.
• Competent in machine learning principles and techniques.
• Ability to relay insights in layman’s terms, such that these can be used to inform business decisions.
• Demonstrable history of devising and overseeing data-centered projects.
• Capacity to foster a healthy, stimulating work environment that frequently harnesses teamwork.
• Senior actuarial student making good progress with exams (exceptional candidates who don’t meet this requirement may be considered)
• At least 3 years actuarial experience
• Strong technical and problem-solving skills
• A strong sense of accountability
• Travel is a requirement and compliance with prevailing ethical standards.

Skills
Education
Bachelor of Science (BSc): Actuarial Science

Closing Date
26 June 2023




Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

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