ACTUARIAL AND RESEARCH DEPARTMENT
ACTUARIAL ANALYSTS (4) [Pensions, Life, Short term and Data Science]
Duties and Responsibilities include:
- Review of actuarial reports from the industry including those for proposed new products Assess actuarial matters during onsite examination of insurance companies
- Develop standards and procedures for the monitoring and supervision of the insurance industry
- Provide support to core departments on various technical actuarial issues:
- Contribute to IPEC’s strategic goals in supervising the insurance and pensions industry
- Contribute to the analysis and communication of key insights on the Zimbabwean Insurance and Pensions industry.
- Participate actively in projects being undertaken
- Exploring and expanding actuarial knowledge to emerging wider fields of Actuarial practice that arc relevant to regulation of the local industry.
- Cultivate and maintain effective liaison with key internal and external stakeholders and provide regular feedback to management
Required competences and capabilities
- Sector Knowledge: good knowledge of the industry, its services, products, concepts, challenges and regulatory environment.
- Acts and regulation awareness: appreciation of relevant Acts, regulations, circulars, directives, guidelines, regional and international best practices;
- Technical Knowledge: must have insurance and pension professional and technical skills Commercial Awareness: ability to identify and recommend appropriate products and services which the industry could operationalize.
- Analytical Thinking: ability to identify, assess, absorb and interpret relevant information and statistics
- Research Capability: Ability to conduct research, benchmark, interrogate issues, synthesize and make appropriate recommendations.
- Report Writing: ability to write concisely, logically and appropriately for different audiences.
- Presentation: ability to present effectively and confidently at groups, committees and conferences.
Qualificationsand Experience
The ideal candidates should have the following qualifications and experience:
- A numerate degree preferably in Actuarial Science, Statistics, Mathematics, Economics, Risk Management, Data Science or equivalent from a reputable university; and
- Demostrable progress towards Actuarial Fellowship, with a minimum of 2 actuarial passes attained from a recognised professional Actuarial body;
- Fluency in R,Python, SAS will be an added advantage.
- At least two years relevant experience within the financial services sector. However, if you can demonstrate that you have relevant transferrable skills from any role or sector (especially in wider fields of actuarial practice), this can be looked upon favourably.
- Please indicate in your qualification whether you are interested in the Pensions, Life, Short term or Data Science specialism.
Job Summary
More Information
- Job Application Details IPEC is an equal opportunity employer. Interested persons should submit their written applications together with a detailed CV and certified copies of academic and professional qualifications not later than 4.30pm on 18 March 2021 to: The Human Resources Executive, Insurance and Pensions Commission, 160 Rhodesuille Avenue, Greendale, Harare. Email: [email protected] Website: wunw.ipec.co.zw Only shortlisted candidates will be responded to. Protecting the Interests of Insurance and Pension Consumers
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