Senior Actuarial Analyst – Advisory Services - Kenbright Actuarial and Financial Services - Nairobi, Kenya
(2022-10)
Kenbright Actuarial and Financial Services is a subsidiary of Kenbright Holdings Limited providing actuarial, pension and other financial services with offices in Kenya, Uganda, Tanzania and Rwanda
- Valuation of insurance liabilities for regulatory reporting for both insurers and reinsurers.
- Analyze the financial condition for insurance companies by reviewing financial and non-financial information to assess their level of risk and recommend risk management strategies.
- Perform solvency analysis of insurers and review proposed action plans to remedy any shortfalls.
- Development of insurance products as well as review the pricing for existing products.
- Review of reinsurance arrangements for life and general insurance companies for optimization.
- Valuation of employee liabilities for Defined Benefit and Defined Contribution Schemes including asset projection and IAS 19 disclosures.
- Computation of Expected Credit Loss provision for investment assets and other assets.
- Development of investment policy statements and asset liability matching.
- Preparation of technical reports for submission to the clients.
- Undertaking feasibility studies for establishment of new insurance companies.
- IFRS 17 support for insurance clients; training materials, surveys, disclosures.
- Preparation of service level agreements and work plans for new businesses.
- Support in development and review of company risk registers and internal policies.
- Presentations to clients.
Actuarial Analyst – Actuarial Department - Kenbright Actuarial and Financial Services - Nairobi, Kenya
(2021-02 - 2022-09)
Kenbright Actuarial and Financial Services is a subsidiary of Kenbright Holdings Limited providing actuarial, pension and other financial services with offices in Kenya, Uganda, Tanzania and Rwanda
- Data collection, check for reasonability consistency completeness and accuracy and analysis.
- Valuation of insurance reserves for regulatory reporting and asset liability management.
- Analyze the financial condition for insurance companies by reviewing financial and non-financial information to assess their level of risk and recommend risk management strategies.
- Perform solvency analysis of insurers and review proposed action plans to remedy any shortfalls.
- Development of insurance products as well as review the pricing for existing products.
- Review of reinsurance arrangements for life and general insurance companies for optimization.
- Valuation of employee liabilities for Defined Benefit and Defined Contribution Schemes including asset projection.
- Development of investment policy statements and asset liability matching.
- Preparation of technical reports for submission to the clients.
- Preparation of service level agreements and work plans for new businesses.
- Support in development and review of company risk registers and internal policies.
- Preparation of technical reports to be reviewed by the Supervisor.
- Preparation of bid proposals for actuarial, IFRS 17 implementation, pension, regulatory advisory, good governance, risk consulting etc, submission and negotiation if required.
- Consulting projects management using MS Project, Planner and Outlook calendar for timely delivery of reports.
- Conduct regular research work for market updates in the investment, pension and insurance industries.
- Conducting industry wide surveys such as IFRS 17 preparedness survey and medical insurance data harmonization
Administrative Assistant – Actuarial Department - Kenbright Actuarial and Financial Services - Nairobi, Kenya
(2018-07 - 2021-01)
Kenbright Actuarial and Financial Services is a subsidiary of Kenbright Holdings Limited providing actuarial, pension and other financial services with offices in Kenya, Uganda and Tanzania.
- Invoicing clients, following up for payment and overall monitoring of budget and expenditure.
- Ensuring company compliance with KRA, NCC, RBA, and quality assurance.
- Preparation of bid proposals for actuarial, pension, regulatory advisory, good governance, risk consulting etc, submission and negotiation if required.
- Liaison with auditors on the annual company audit exercise.
- Management of communication with clients.
- Conduct regular research work for market updates in the investment, pension and insurance industries.
- Consulting projects management using MS Project, Planner and Outlook calendar for timely delivery of reports.
- Filling and remittance of VAT, PAYE and corporate tax.
- Organizing webinars (IFRS 17), workshops and client annual general meetings.
- Project management through meetings, minutes and reporting.
Accountant Payables – Bursar's Office College of Humanities - University of Nairobi - Nairobi, Kenya
(2016-01 - 2018-06)
University of Nairobi is a state-owned research-intensive University with a reputation for excellence and a strong and vibrant research culture.
- Accounts payables transactions, stock control and audit support