Assistant General Manager, Actuarial- Enterprise Life Ghana

Assistant General Manager, Actuarial- Enterprise Life Ghana

  • Ghana

Website Enterprise Life Ghana

Job Title – Head, Actuarial
 
Department/Unit – Actuarial Unit
 
Reports to (Functional) – AGM Actuarial (Life Ghana)
Reports to (Business) – Managing Director
 
Key Competencies
  • Leadership and People Skills
  • Strategy Development and Driving of Initiatives
  • Forecasting/Budgeting / Planning
  • Co-operating/Liaising / Influencing & Advising
  • Communication
  • Problem Solving / Analytical Thinking
  • Operational Understanding
  • Managing Accountability and Controls
  • Understanding of Financial Reports
  • Business Acumen and Commerciality
  • Proven ability to lead develop & manage teams
  • A willing catalyst for positive change
  • Practical creativity
  • Results driven
Job Summary
The position holder offers professional expertise and advice in functional areas with responsibility for operational departments covering a wide span of complex but inter-related issues and lending support to the Managing Director in giving strategic direction to the company.
Key Responsibilities
  1. Oversee the overall operations of the Actuarial Services function
  2. Coordinate the half-yearly Financial Soundness Valuations (FSV)
  3. Ensure the appropriateness of the methodologies and underlying models used, as well as assumptions made in the FSV
  4. Prepare annual mortality investigations report
  5. Prepare defined actuarial reports to Executive Management and Partners
  6. Ensure the adequacy of reinsurance arrangements and underwriting policies
  7. Provide technical support in the development/review, pricing and implementation of new products
  8. Prepare annual budget numbers for the company
  9. Prepare a yearly Financial Condition Report of the company
  10. IFRS17 implementation

Key relationships

Internal

  • Managing Director
  • Enterprise Life Board
  • Enterprise Group EXCO
  • Management Team
  • Senior Managers
  • HODs
  • Business Units

External

  • Regulatory bodies
  • Clients
  • Key stakeholders
  • Vendors / Third Parties

Contributes to:

  • Business Growth and Profitability
  • Brand Image
  • Consistent business performance year-on-year
  • Business sustainability
  • People Development

Key Performance Indicators

  • Overall business performance based on key imperatives and direction provided by the approved by the Managing Director and the Board
  • Consistent business performance year-on-year
  • Business sustainability

Experience/Knowledge required

  • Working knowledge of Prophet software
  • Experience in Actuarial Valuations – Analysis of Surplus and Embedded Values
  • Experience in product development and pricing
  • Technical knowledge in data analysis
  • Good communication skills, including the ability to convey complex information
  • Strong IT/computer skills
  • Problem solving skills
  • Good business sense

 

CLARIFYING QUESTIONS

How many years of experience is required:
No less than 10 years relevant experience

What are the top non-negotiable criteria for this role?
Relevant experience in financial services industry

What is the salary budget for the role?
The client would like to negotiate with the candidate.

 

METHOD OF APPLICATION
Please send your CV to (oguntade.taiwo@yahoo.com)

To apply for this job email your details to oguntade.taiwo@yahoo.com