Education
- University Degree with a mathematical focus; Postgraduate Degrees & Actuarial certification considered an advantage
Experience
- 3 – 5 years of relevant experience in Insurance.
- Creative, well-rounded and independent individual, who has both the qualitative and quantitative aptitude to excel in a challenging and highly competitive environment
- Strong analytical, research and problem-solving skills
- Excellent Excel and programming skills coupled with advanced mathematical and financial aptitude
Duties & Responsibilities
- Model traditional and alternative forms of reinsurance determining their impact on solvency, risk and profitability
- Utilize experience, exposure and stochastic models to evaluate and price reinsurance structures
- Producing reports & presentations to summarize findings to non-technical and technical audiences
- Client responsibilities; model treaty performance, produce quarterly accounts/reports and communicate with clients and reinsurer’s in collaboration with other departments
- Develop and produce Business Intelligence and Management Information Reports from either own or client databases using software such as MS-Excel, MS-Access, SQL, R, etc
- Performing market studies for various countries
- Carry out ad-hoc pricing and reserving projects for clients on insurance products such as motor insurance using statistical packages and/or advanced analytical techniques
- Cooperating with department heads in the development of proprietary actuarial software
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