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Actuarial Analyst Job Britam

Insurance Jobs, Britam Jobs.

Job Purpose:

To provide actuarial support to the assigned LOB and participate in overall risk management for the company.

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Key responsibilities:

  • Select appropriate reserve calculation method and calculate reserves. 
  • Provide analysis to support the renegotiation of the existing contracts.
  • Provide input in product development for the LOB.
  • Provide inputs into product pricing and setup in the actuarial pricing and valuation system.
  • Review and monitor experience on all products to inform decision making including profit testing of existing products.
  • Provide comprehensive actuarial reports to the business each quarter and highlight key issues on an ongoing basis including solvency and capital monitoring.
  • Address all areas raised by the IRA in their risk inspection and continue to highlight emerging risks. 

Knowledge, experience and qualifications required:

  • University Degree in actuarial science, statistics, engineering, mathematics, physics, economics or related field with strong emphasis on mathematical proficiency.
  • 2-4 years’ experience in a similar position. 
  • Progress in Institute of Actuaries examinations (9 papers).

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