About Us

Britam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the Eastern and Southern Africa region, with operations in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique and Malawi. The group offers a wide range of financial products and services in Insurance, Asset management, Banking and Property. Our Mission is to provide outstanding financial services to our customers. Our Vision is to be the most trusted financial service partner. We aim to provide our clients, with an unmatched offering, ensuring first class solutions that help secure the future.

OVERALL JOB PURPOSE:    

Drive the development of end to end customer solutions with focus on Partnerships & Digital + EMC customers.

KEY RESPONSIBILITIES:

• Product Ideation and Market Research: Generate, develop, communicate and conduct market research for new Partnerships & Digital + EMC product ideas in the market.
• Product Design and Pricing: Determine technical premiums for new and repackaged Partnerships & Digital + EMC products.
• Product Risk management: Identify and analyze risks relating to new and repackaged Partnerships & Digital + EMC products, and setting out proposed risk mitigation measures.
• System and Process Capabilities: Drive the operationalization of new products i.e. ensure processes and systems are in place to administer the complete product administration cycle.
• Product Approvals: Drive the product approval process both within the Company and externally with the Insurance Regulator and other government bodies – where relevant.
• Compliance Requirements: Work with the Legal and Risk functions to ensure that all compliance requirements with respect to products are met.
• Product Documentation: Develop and continually review product training manuals and content for marketing brochures that are appropriate to the target market and distribution channel of the products.
• Work with the Innovation and other teams to turn data insights into profitable products. 
• Work with the marketing team to improve the look and feel of Britam product offerings.
• Own and improve the Britam Partnerships & Digital + EMC client journey with focus on customer centricity.
• Ad hoc duties assigned by line manager.

KEY QUALIFICATIONS, KNOWLEDGE AND EXPERIENCE:

• University Degree in Actuarial Science – or other highly numerate subject area. 
• Good progress in examination from the Institute and Faculty of Actuaries or any equally recognized professional actuarial body (attempted and passed at least 8 actuarial exams).
• At least 3 years’ experience in an actuarial or product development function in a very busy office. 
• Experience across product lines preferred i.e. life and non-life.
• Proven experience working across functions and with multiple stakeholders.
• A keen eye for innovation in the insurance and financial services space preferred. 

COMPETENCIES AND REQUIREMENTS:

• Excellent oral and written communication skills with the ability to translate and communicate complex insurance and actuarial principles to a non-technical audience. 
• Ability to build and maintain effective working relationships with all stakeholders within each client segment.
• Ability to think clearly and analytically. 
• Ability to identify and solve all problem types i.e. both technical and non-technical.
• A keen eye for innovation in the insurance and financial services both traditional and non-traditional (FinTechs etc.) spaces.  

How to Apply

https://britam.taleo.net/careersection/external+-+britam/jobdetail.ftl?job=2200005R&tz=GMT%2B01%3A00&tzname=Africa%2FLagos&utm_source=MyJobMag