Team Lead, P&C Actuarial

The Team Lead for P&C actuarial will work with the Head of Actuarial Services within the business to ensure the business gets relevant actuarial input. The role will support and ensure that P&C actuarial work done is methodically and accurately.

Role Qualification:

Academic/Professional:

• Bachelors’ Degree from a reputable tertiary institution in Actuarial Science, Mathematics, Engineering, Physics, Finance, Economics or related disciplines.
• Significant progress with Actuarial Examinations.

Work Experience: At least 5 years’ experience and with track record in conducting actuarial and data analysis.

Key Responsibilities:

• Manage P&C actuarial relationships directly with external parties such as, but not limited to, AXA Group entities, P&C actuarial consultants and the company’s auditors.
• Participates in cross-functional teams to develop new and enhanced systems, processes, programs, and policies to support business needs.
• Determining and agreeing with the Head, Actuarial Services on liabilities on a monthly basis including sensitivity analysis.
• Handles the development and preparation of loss ratio reports, KPIs and claims and premium trend analysis for the portfolio.
• Applies knowledge of mathematics, probability, statistics, principles of finance and business to problems in insurance.
• Prepares and analyses trends, profitability and experience studies.
• Ascertains technical liabilities for the P&C portfolio.

Required Skills and Competencies

• VBA, SAS & R programming will be an added advantage.
• Overall knowledge of general management principles and processes sufficient to professionally handle the sub-department.
• Excellent organizational skills with strong attention to detail and ability to drive results.
• Ability to manage and motivate direct reports to produce high quality results and make significant progress through their career.
• A detailed knowledge of the deliverables of all sub-departmental work including in-depth knowledge of departmental processes and procedures.
• A developed understanding of all system-produced reports applicable to the sub departmental work.
• Advanced knowledge of Microsoft Excel.