Description:
Our client, a leading Pan-African Bank in Kenya, is seeking an experienced and strategic Director of Actuarial Services to lead their actuarial function.The successful candidate will be responsible for overseeing actuarial strategies, driving data-driven decision-making, and ensuring compliance with regulatory and financial reporting requirements. This is an exciting opportunity to shape business strategies, influence key financial decisions, and provide leadership in risk assessment, pricing, and profitability analysis.
What Youll Be Driving:
Strategic Leadership: Develop and execute actuarial strategies aligned with the organization's business objectives. Provide expert insights to senior management on risk, pricing, and profitability. Lead actuarial input in strategic planning, mergers & acquisitions, and business expansion initiatives. Actuarial Modeling & Analysis: Oversee the development and enhancement of actuarial models for pricing, reserving, and risk management. Monitor financial risks, loss ratios, and market trends to inform business strategies. Conduct scenario testing, sensitivity analysis, and capital modeling. Risk Management & Compliance: Ensure adherence to industry regulations and standards (e.g., IFRS, Solvency II, local regulatory requirements). Collaborate with regulatory bodies and auditors to ensure compliance and reporting accuracy. Establish sound actuarial controls and governance frameworks. Product Development & Pricing: Lead the design and pricing of insurance products to optimize profitability and competitiveness. Collaborate with product, underwriting, and marketing teams to drive innovation and market penetration. Provide actuarial insights into product performance and customer value propositions. Financial Reporting & Valuation: Oversee the preparation of actuarial reports and financial statements. Drive accurate valuation of liabilities and ensure effective management of reserves. Support financial planning, budgeting, and forecasting processes. Team Leadership & Development: Manage and mentor a team of actuarial professionals, fostering a culture of excellence and continuous learning. Develop talent pipelines and provide guidance on professional actuarial qualifications. Collaborate cross-functionally to enhance overall business acumen within the organization.
Who You Are & What You Bring:
Bachelor's Degree in Actuarial Science, Mathematics, Statistics, or a related field; a Masters Degree is an
02 Mar 2025;
from:
gumtree.co.za