New Job vacancy for Technical (Actuarial) Officer at Asset & Resource Management Company (ARM)

Employment Nigeria 09-Dec-2015 LAGOS , Technical

Asset & Resource Management Company (ARM) Limited was established in 1994, and has evolved into a leading asset management firm in Nigeria with a focus on asset management across a broad asset class.

At ARM, our people are our main asset, and the quality of advice and solutions that they provide is the underlying reason that we are able to build and sustain lasting relationships. The quality and breadth of our client base speaks to the quality of our people.

We are recruiting to fill the position of:

Job Position: Technical (Actuarial) Officer

Job Summary

New Product Development & Product Review
Products Pricing & Review of pricing mechanism
Product Paper Preparation
Preparation of Quotations & Proposals
Supervision of Data Reconciliation, Validation & Analysis for Valuation
Preparation/Review of Technical Process/Operational Manual.

Principal Duties and Responsibilities

Product Pricing and periodic review of the pricing mechanism
Support delivery of data to meet valuation deadlines and other investigations, including:
All policy & asset data used for actuarial valuations
All policy and movements data, as required for management information (MI)
Mortality, morbidity, persistency and longevity investigation information
Ensure all key accounts and other complex claims are promptly settled.
Assist in the yearly/half-yearly calculation of economic and regulatory capital requirement of the company
Performing experience analysis covering mortality, withdrawals, sickness, disability, and retirement rates.
Assist in reinsurance review and optimization
Support the group life pricing process
Supervision of Quarterly and full year Actuarial Data Reconciliation, Validation and Analysis
Working with the Company's Consulting Actuaries on Actuarial Valuation and Reinsurers on Reinsurance Matters Ensure services are delivered to key clients based on Service Level Agreement
Develop and maintain an appropriate level of job skills. These will include actuarial techniques and computer skills, which will enhance the skill base of the team.
Establish skills to ensure appropriate and effective communication with internal departments and external contacts.
Identify, recommend and implement initiatives to improve efficiency and effectiveness including procedural, systems and training aspects.
Ensure that proper documentation is created. Assist in the maintenance of a comprehensive procedures manual and key controls manual, ensuring procedures, systems and controls are correctly documented.
Provide input to key strategic issues through provision of management information relevant to key objectives
Weekly verification of all key transactions to ensure that PRN & CAN are issued for all payment made by the client.
Any other job as may be assigned

Requirements

The successful candidate will be studying for the Actuarial Professional qualification (should have completed minimum of 5 CTs).
B.Sc Degree in a numerate field
Good technical ability
Microsoft Office products
Good documentation skills
Knowledge of data management
An ability to analyse complex problems and results and recommend policy
Experience & knowledge of Nigerian Life industry

Sorry the application deadline for this job has elapsed

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New Job vacancy for Technical (Actuarial) Officer at Asset & Resource Management Company (ARM)

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