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Junior Actuarial Valuations Officer Uganda Life Jobs – UAP Old Mutual Insurance
Job Title: Junior Actuarial Valuations Officer 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.
Job Summary: The Junior Actuarial Valuations Officer will be providing support to the Junior Actuarial Specialist and others on the team. The position will report to the Senior Actuarial Supervisor and will be supervised by the Junior Actuarial Specialist who will be reviewing the work done by the officer in this role.
Key Duties and Responsibilities:
- Prepare and validate data for most actuarial tasks
- Carry out Actuarial Valuation
- Carry out Embedded Value (including Value of New Business) calculations
- Carry out basic experience monitoring
- Provide quotes to sales team
- Provide inputs to regular monthly reports
- Participate in product development (User Acceptance Testing)
- Team Effectiveness
- Actuarial Service Delivery Support
- Reporting Assistance
Qualifications, Skills and Experience:
- The applicant must hold a Bachelor’s Degree (B) (Required)
- Skills: Actuarial Exams, Actuarial Science, Actuarial Valuation, Business, Embedded Value, Insurance, Management Reporting, Monthly Reporting, Operational Acceptance Testing (OAT), Product Development, User Acceptance, User Acceptance Testing (UAT)
How to Apply:
All candidates should apply online at the link below.
Deadline: 5th December 2023
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