8 Jul 2024

Senior Actuarial Analysts at Zamara Kenya

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Job Description

Zamara is a financial services firm that primarily offers Actuarial Services, Pensions Administration and Consulting and Insurance Brokerage Services. Zamara has been in the Kenyan Market for over 23 years, initially operating as Hymans Robertson and more recently as Alexander Forbes

Roles and responsibilities

  • Achieving Zamara’s ambitious strategic priorities will be complex and challenging. Its continued success will be dependent on building and retaining a world-class team. The successful candidate will manage and provide actuarial consultancy services to a small portfolio of clients under guidance from the Team Leader.

The role will report to the Team Leader.

In more detail, the areas of responsibility include:

Technical Expertise:

  • Responsible for managing a small portfolio of clients under the supervision of a senior resource across IFRS 17, reserving, pricing, capital management and strategic projects.
  • Agree deadlines for projects and calculations with consultant and actuary and ensure the deadlines are met.
  • Carry out data checks/analysis and prepare valuation and financial review reports for checking by actuarial consultant.
  • Support and review work done by actuarial analysts.
  • Adhere to compliance with set processes and standards in the Division.
  • Ensure delivery of high quality output whilst working on a wide range of concurrent assignments.

Client relations:

  • Accompany senior resource to client meetings and have greater involvement in terms of presentations and discussions.
  • Initiate and support business development and client relations.

Billing and debt collection:

  • Assist accounts with billing and collection of all pursued but uncollected debts.

Professional development:

  • Develop expert knowledge of all the processes/procedures & systems used for individual calculations and valuations.
  • Develop technical knowledge through formal and on the job training.
  • Initiate a project and work on it to completion.
  • Take ownership on research initiatives and participate in R&D projects.
  • Contribute to the actuarial profession in Kenya.

Experience and personal qualities

The following experience is preferred:

  • 3-5 year’s work experience in the insurance domain.
  • Proven experience in a similar environment together with strong capabilities and ability to communicate with impact.
  • Degree in Actuarial Science or related field.
  • Good grasp of system application.
  • Strong knowledge of insurance/pensions industry.
  • MS Office with focus on Excel Skills.
  • Comfortable with different actuarial valuations methods and techniques.
  • Basic programming skills.
  • Knowledge of FIS Prophet preferred.

The following personal qualities are preferred:

  • Analytical thinking
  • Teamwork
  • Excellent time management skills
  • Supervisory and mentoring skills
  • Innovative and proactive
  • Strong business sense
  • Responsible and accountable
  • Client facing skills
  • Excellent oral & written communication skills.
  • Responsible & accountable.


Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 11 July. 2024





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