. KNOWLEDGE & EXPERIENCE

• IFRS17 Knowledge
  
• Familiar with the current Insurance regulations, Capital markets and Central Bank regulations
  
• Strong actuarial technical skills
  
• Strong analytical skills
  
• Strong data programming skills
  

4. QUALIFICATIONS

• Bachelor of Actuarial Science or other related finance or mathematics degree
  
• Minimum 5 years actuarial experience
  
• Actuarial Knowledge: Show progress with actuarial examinations, Minimum 7 papers from a recognized actuarial body
  

• Technical Actuarial Support: Conduct and/or review internal actuarial liability valuations for relevant insurance subsidiaries and analysis of profitability/surplus,
  
• Review of external actuaries’ report and collaboration with the appointed actuaries to produce the Financial Condition Report.
  
• Experience Investigations: Perform profitability analysis, experience analysis, and other relevant actuarial investigations to inform business decisions.
  
• Product Profitability Review: Perform profitability analysis, experience analysis, and other relevant actuarial investigations for Old Mutual to inform business decisions.
  
• Solvency and Capital management: Carry out solvency computation for the BUs on a risk-based capital basis including solvency stress tests.
  
• Financial Modeling: assist with financial modeling of business scenarios/projects to inform business decision making.
  
• Strategy and Business Planning Support: assist with business planning financial projections and solvency projections for the Business Units. Perform stress and scenario analysis on the plan numbers.
  
• Reinsurance Support: Carry out a reinsurance analysis for the Life Kenya subsidiaries to explore ways to optimize on reinsurance arrangements.
  
• Reporting and Documentation: Presentation of results and reports to businesses and subsidiary boards committees. Preparation of Board Papers and regulatory solvency and valuation reports.
  
• Risk Management support: assist the Life Business Units and Risk Department in identifying, quantifying risk (insurance, market, credit risks etc.) where appropriate. Formulate appropriate risk mitigation measures for the BUs and develop a risk register for an enterprise in CURA (Risk System).
  
• Investment Strategy support: Develop/formulate appropriate investment strategies and/or review and monitoring of investment strategies for Old Mutual Life businesses.
  
• Other reasonable duties that may be assigned by management.