Mary Ndaba

Experience

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  Directline Assurance Company Limited

  May 2016 - Jan 2017

  Risk Management Intern

  - Updating the Accident and Claims information- Involved in the formulation of the Business Continuity Management plan- Execution of tasks such as comparison, evaluation and analysis of IRA reports and other company reports used by the Risk Manager for decision mak

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  Faventia Actuaries

  Sept 2016 - Sept 2017

  CT1 Tutor

  - Teaching Financial Mathematics (CT 1) - 71% Pass rate- Issuing and marking of continuous assessments tests and mock exams- Guidance and mentorship to students throughout the revision period

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  Old Mutual Kenya

  Jan 2017 - Aug 2022

  - Technical Actuarial Support: Leading the periodic computation and review of technical liabilities held for both General and Health Insurance across entities within East Africa- Computation, preparation and presentation of the monthly Uganda and Rwanda solvency and capital management reports- Product and Pricing Review; Actuarial lead in the risk assessment and pricing of all Uganda GI products, periodic price and product reviews of other GI and Health products in KE, RW and TZ- Experience monitoring: Conducting, Interpreting and presenting profitability, expense and claims analysis reports across all EA entities- Special Projects: Actuarial Lead in Medical data clean up and analysis in UG and RW with the aim of streamlining claims capturing and reporting processes; Supporting the IFRS 17 Team in provision of required data - Reporting: Preparation and presentation of actuarial reports to the Kenya C-19 Response Committee, Risk and Compliance Committee (RW) and Claims and Underwriting Committee (RW); Actuarial Lead in the KE Intermediary Loyalty Awards Committee- Reinsurance Analysis for Rwanda and Uganda- In charge of all team trainings and the monthly knowledge share sessions between short term and long-term actuarial teams. Show less - Carrying out periodic analysis for Short term actuarial liability valuations across all UAP Old Mutual entities. - Computation and presentation of periodic Intermediary Loyalty Awards in Kenya- Support on pricing assumptions and product review for products across East Africa- Performing periodic business analysis for UAP Old Mutual subsidiaries.- Preparation of claims analysis reports and advising claims teams on improvement of case estimates reserving processes.- Support in assessment of GI solvency position in Kenya- Preparing periodic board reports for two entities (Rwanda and Tanzania)- Training of all interns and the actuarial analyst in Tanzania- Carrying out all administrative duties for the short-term actuarial team. Show less

  • Actuarial Valuations Specialist - GI & Health

    Jul 2021 - Aug 2022

  • Junior Actuarial Specialist - GI & Health

    Sept 2017 - Jul 2021

  • Actuarial Intern

    Jan 2017 - Aug 2017
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  Old Mutual Limited

  Aug 2022 - Jul 2023

  Actuarial Specialist (GI) Africa Regions

  1. Board and Regulatory Reporting – Botswana, Namibia, Nigeria- IFRS 17 Implementation – Producing Dual Reporting numbers and reconciliation to IFRS 4 - Quarterly Actuarial Valuation- Preparation of Actuarial Board and Valuation Reports- Quarterly review of Solvency Computations- Provide support in Business Planning – EAR, Capital, Dividend and SAM Projections2. Business Analytics and Pricing – Botswana, Namibia, Zimbabwe, Nigeria, East Africa- Support strategic implementation of turn-around initiatives - Provide quantitative and predictive insight to support strategic initiatives- Reporting data validation aimed at Fixing medical loss ratio- Conduct pricing and review policy documents of proposed new products3. Risk Management – Botswana, Namibia- Preparation of Quarterly ORSA reports- Create robust actuarial models with proper documentation in line with the existing Model Risk policy Show less

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  East Africa Reinsurance Company Limited

  Aug 2023 - now

  • Assistant Manager, Actuarial

    Jan 2024 - now

  • Senior Actuarial Officer

    Aug 2023 - Dec 2023