Cosmas Cheruiyot, Fia [Chartered] Email and Phone Number
Cosmas Cheruiyot, Fia [Chartered] personal email
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A qualified actuary with in depth experience in actuarial valuations and insurance regulation from two of the largest insurers in Eastern and Central Africa and the insurance regulator in Kenya. I seek to apply cutting edge analytics and insights in product development, actuarial valuation and investment appraisal. I have further interests in financial technology and how data science and analytics can be used to transform insurance and financial inclusion.
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Actuary - Product Development & PricingBritam Jan 2023 - PresentNairobi, Kenya -
Chairperson, Esg Financial Reporting And Disclosures WorkstreamThe Actuarial Society Of Kenya (Task) Nov 2021 - PresentKenyaLeading a team of 4 actuaries, ESG specialists and regulators to craft pioneering reporting and disclosures guidance notes for ESG reporting to be exposed to and adopted by the Kenyan insurance sector players. -
Enterprise Risk ActuarySanlam Jun 2021 - Dec 2022*Review organizational structures and external environment and develop a unified Enterprise Risk Management (ERM) and reporting framework*Develop and embed Operational Risk Management Framework across all subsidiaries*Track and report all major risks faced by the Group and its subsidiaries to respective boards.*Ensure compliance with regulatory and AML/CFT requirements -
Actuarial Officer - Life Insurance SupervisionInsurance Regulatory Authority Sep 2018 - May 2021• Supervision - Directly supervise 4 life insurance companies, with gross written premium of $250m, to ensure adherence to the Insurance Act and IRA regulations; Conduct due diligence on the financial and operational health of moderate and high-risk companies to propose risk mitigation measures • Regulation - Draft new and modify existing IRA guidelines and Insurance Act for the $2.1b insurance industry to entrench corporate governance best practice, ensure risk-based supervision is responsive and supportive of insurance innovation and that the industry is attractive to investors.• Training - Train insurance personnel on new guidelines and amendments to the Act for ease of adoption -
Actuarial AnalystOld Mutual Jul 2014 - Sep 2017• Financial Modelling – Developed financial models to carry out budget forecasts and monitor performance; Build models to evaluate profitability of insurance distribution partnerships• Strategy and Insurance Valuation – Performed internal and statutory actuarial valuations of insurance liabilities; Prepared board reports and ad hoc actuarial reports; Carried out business planning and budget performance tracking; Developed asset liability matching models and Investment Policy Statements for the life business to reduce capital strain• Product Pricing and Development – Research and develop new life insurance products; Undertake repricing of existing products; Code products into Prophet, the actuarial valuation software• Foundational Market Access – Supported and made responsive changes to a unit-linked investment product, accessible on USSD, aimed at low income investors leading to a 10% increase in assets under management• Leadership – Was the East Africa Product Lead for the analysis of life insurance product sold by UAP Life and Old Mutual Life after acquisition of UAP Holdings by Old Mutual; -
Underwriting And Reinsurance Assistant - Life,Head OfficeBritam Jan 2013 - Jun 2014Group Life underwritingPricing of group life schemesGroup Life and Ordinary Life re-insurance
Cosmas Cheruiyot, Fia [Chartered] Skills
Cosmas Cheruiyot, Fia [Chartered] Education Details
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Actuarial Management -
Fellowship
Frequently Asked Questions about Cosmas Cheruiyot, Fia [Chartered]
What company does Cosmas Cheruiyot, Fia [Chartered] work for?
Cosmas Cheruiyot, Fia [Chartered] works for Britam
What is Cosmas Cheruiyot, Fia [Chartered]'s role at the current company?
Cosmas Cheruiyot, Fia [Chartered]'s current role is Actuary | ESG.
What is Cosmas Cheruiyot, Fia [Chartered]'s email address?
Cosmas Cheruiyot, Fia [Chartered]'s email address is co****@****ail.com
What schools did Cosmas Cheruiyot, Fia [Chartered] attend?
Cosmas Cheruiyot, Fia [Chartered] attended Bayes Business School, Institute And Faculty Of Actuaries, Institute And Faculty Of Actuaries.
What are some of Cosmas Cheruiyot, Fia [Chartered]'s interests?
Cosmas Cheruiyot, Fia [Chartered] has interest in Science And Technology, Economic Empowerment, Health.
What skills is Cosmas Cheruiyot, Fia [Chartered] known for?
Cosmas Cheruiyot, Fia [Chartered] has skills like Valuation, Financial Risk, Actuarial Science, Risk Management, Investments, Solvency Ii, Portfolio Management, Asset Managment, Economics, Accounting, Insurance, Financial Reporting.
Who are Cosmas Cheruiyot, Fia [Chartered]'s colleagues?
Cosmas Cheruiyot, Fia [Chartered]'s colleagues are Scolastica Lyayuka, Elizabeth Ngii, Emmah Wanjiru Gaturo, Robert Munyao, Catheryne Mutua, Nyaringo Justine, Alex Muli.
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