Knowledge, experience and qualifications required; • University Degree in actuarial science, statistics, engineering, mathematics, physics, economics or related field with strong emphasis on mathematical proficiency.

• 7-9 years’ of relevant actuarial experience in an actuarial function with a company with a similar maturity level as Britam.  

• Fellow of the Institute of Actuaries or significant progress with exams from a recognized actuarial body. 

• Experience working in a fast-growing environment. 

• Excellent team leadership skills, communication, organization and presentation skills. 

• Team Development & Capacity Building. 

• Board & Executive Financial Advisory. 

• Provide input into underwriting strategy and rules for General Insurance, entities across the Group.

• Analyze statistical data in order to determine rates for different risks in acceptance of proposals for new policies and products in conjunction with the underwriting department. 

• Review the product performance with regards to their claims and expense experience and advise on appropriate pricing. 

• Provide analysis to support the application of appropriate reinsurance arrangements and provide inputs to the reinsurance management strategy.  

• Working with the risk and compliance department in the measurement quantification of operational risk in General Insurance entities. 

• Provide leadership to the team in determining and calculating all GI insurance contract reserves. 

• In charge of developing the Asset Liability Management framework for the General Insurance entities, working closely with the wider Actuarial Team and the investment team to actualize the ALM framework. 

• Coordinate the preparation of business plans/budgets and capital management initiatives for the GI business. 

• Provides input to the enterprise risk management by conducting stress and scenario testing, reviewing the risk appetite statements, etc. 

• Ensuring compliance with IRA regulation and other relevant regulations. 

• Supervising, mentoring and coaching staff under supervision 

• Work closely with the finance function, appointed actuary and external auditor in the preparation of financial statements and the disclosure requirements. 

• Be highly conversant with IFRS 17 requirements and have the relevant skills to implement the new standard. 

• Make presentations to management and board on the performance of the various GI entities, including financial impacts of actions taken by management and the board. 

• Perform any other duties as may be assigned from time to time