• Managing the day-to-day operations of one or more of the three sub departments: Products, Pricing and Portfolio Analysis, Risk and Reinsurance, and Central Actuarial.


• Sign off on work produced from their departments


• Communication to Management Team members.


• Managing relationships with other departments


• Provide support to all functions within the company, relating to their sub-department's roles and responsibilities.


• Manage actuarial relationships directly with external parties such as, but not limited to, reinsurers, EFSA and the company's auditors.


• Ensure the relevant sub-department abides by all policies and procedures approved by the Board of Directors.


• Ensure sub-department's compliance to all rules and regulations


• Ensuring that all necessary policies and procedure documentation is in place and regularly reviewed.


• Chair and participate in company management committees as stipulated in the sub-department roles and responsibilities.


• Recruit, manage, coach and develop an Actuarial sub-department team so that they can meet their job accountabilities.


• Undertake performance appraisals for all members in the sub department.


• Assist the Chief Actuary with all strategic objectives of the department.


• Act as a deputy to the Actuarial Director.

 It is a requirement of AXA that its employees are aware of and conform to legal requirements in all activities, both internal and external. Implicit in this is that all managers and staff not only conform to the appropriate standards in terms of Health and Safety, but also work to the highest standards of business ethics.

Skills

Technical Skills:

• Own the sub-departmental work including identifying and managing risks.

·       Initiate and put forward new ideas and identify opportunities to enhance the departmental performance.

·       Report critical issues/errors and suggest ways forward.

·       Communicate complex ideas and principles to management level audience.

·       A holistic understanding of actuarial concepts and an ability to explain their impact on the financial performance of the company.

·       Organization skills

·       Multi-tasking skills

·       Problem solving skills

·       Display leadership skills to influence team to achieve common goals

·       Ability to initiate and maintain relationships with internal and external company contacts related to the respective sub-department

Business Knowledge:

•  Overall knowledge of general management principles and processes sufficient to professionally handle the sub-department.


• A detailed knowledge of the deliverables of all the sub-departmental work, including in-depth knowledge of departmental processes and procedures.


• A developed understanding of all system-produced of company systems and reports applicable to the sub-departmental work.


• Good knowledge of VBA and MS Access.


• A detailed knowledge of Egyptian Insurance Law and accompanying Regulations.


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