Job Title: Junior Actuarial Valuations Specialist Uganda Life
Organisation: UAP Old Mutual Insurance
Duty Station: Kampala, Uganda
About US:
The UAP Old Mutual Group is an integrated Financial Service business comprising Faulu Microfinance Bank, UAP and Old Mutual. The Group, which is operational in East Africa services to more than 1.2 million customers across Kenya, Uganda, Tanzania, Rwanda and South Sudan. The UAP Old Mutual Group now comprises of three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The acquisitions resulted in Old Mutual Kenya UAP Holdings and Faulu Microfinance Bank, forming one of the largest financial services groups with a growing footprint in East and Central Africa. UAP and Old Mutual have been major players in the financial services market in East Africa for decades. The two entities have vast experience in Insurance, Investment, Asset Management and Banking, and are passionate about helping our customers achieve their financial goals.
Key Duties and Responsibilities:
- Provision of Actuarial Services to Old Mutual Assurance Uganda by working closely with the Business Entities and other Group Functions to meet their needs. This includes reserving, pricing, product reviews, experience reviews and solvency and capital management
- Conduct accuracy checks, and analyses data to draw conclusions and make recommendations
- Generate actuarial reports on various technical issues to Group Actuary, Senior Management and Board of Directors.
- Accompanies the Senior Actuarial Specialist. Work is checked and signed off by Senior Actuarial Specialist. Carries out technical actuarial work often using complex systems and packages. Checks manipulates and analyses volumes of data and draws conclusions form the analysis. Responsible for technical accuracy and implementation of work. Translates actuarial concepts into client,friendly terminology. Works independently with less supervision than a Junior Actuarial Specialist. May deliver actuarial and consulting reports and advice to clients.
Qualifications, Skills and Experience:
- The applicant must hold an Honours Degree (Hons): Actuarial Science (Required)
- Skills: Actuarial Services, Actuarial Valuation, Capital Management, Complex Systems, Consulting, People Management, Solvency, Supervision, Technical Issues, Terminology
How to Apply:
All candidates should apply online at the link below.
Deadline: 10th November 2023
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