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This position is responsible for providing support to the Life Valuation Actuary in the timely and accurate preparation and analysis of Actuarial items in the financial reports and projections.
ROLES AND RESPONSIBILITIES :
Prepares and / or supervises the monthly valuation of liabilities for OL / VUL / Group / A&H lines of business together with all the financial report templates required for submission to other departments, the regional office, local management and insurance regulators (PAL PELAC BPLAC).
Prepares and / or supervises the actuarial and financial estimates / projections / budgets for the different Life operations of the company (PAL PELAC BPLAC).
Prepares and / or supervises the preparation of the documents required for internal and external audit of the different Life profit centers
Installs / tests and / or supervises installation / testing of new products into Prophet and DCS as well as oversees any enhancement or modifications required for Prophet Models.
Performs other responsibilities and duties periodically assigned by supervisor in order to meet operational and / or other requirements
MINIMUM JOB REQUIREMENTS
Education Degree in Actuarial Science, Statistics, Mathematics or Engineering with heavy applications in mathematics
Experience at least 1 year adequate technical experience in actuarial work for a life insurance company
Certifications / licenses None
Special skills - Scores Good’ in Actuarial Aptitute Test and actuarial exams an advantage; Above average analytical and technical skills;
Proficient in the use of MS Office applications and Prophet
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