Actuarial Analyst at Britam

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

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).