Cosmas Cheruiyot, Fia [Chartered]

Cosmas Cheruiyot, Fia [Chartered] Email and Phone Number

Actuary | ESG @ Britam
nairobi, nairobi area, kenya
Cosmas Cheruiyot, Fia [Chartered]'s Location
Kenya, Kenya
Cosmas Cheruiyot, Fia [Chartered]'s Contact Details

Cosmas Cheruiyot, Fia [Chartered] personal email

About Cosmas Cheruiyot, Fia [Chartered]

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.

Cosmas Cheruiyot, Fia [Chartered]'s Current Company Details
Britam

Britam

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Actuary | ESG
nairobi, nairobi area, kenya
Website:
britam.com
Employees:
2643
Cosmas Cheruiyot, Fia [Chartered] Work Experience Details
  • Britam
    Actuary - Product Development & Pricing
    Britam Jan 2023 - Present
    Nairobi, Kenya
  • The Actuarial Society Of Kenya (Task)
    Chairperson, Esg Financial Reporting And Disclosures Workstream
    The Actuarial Society Of Kenya (Task) Nov 2021 - Present
    Kenya
    Leading 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.
  • Sanlam
    Enterprise Risk Actuary
    Sanlam 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
  • Insurance Regulatory Authority
    Actuarial Officer - Life Insurance Supervision
    Insurance 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
  • Old Mutual
    Actuarial Analyst
    Old 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;
  • Britam
    Underwriting And Reinsurance Assistant - Life,Head Office
    Britam Jan 2013 - Jun 2014
    Group Life underwritingPricing of group life schemesGroup Life and Ordinary Life re-insurance

Cosmas Cheruiyot, Fia [Chartered] Skills

Valuation Financial Risk Actuarial Science Risk Management Investments Solvency Ii Portfolio Management Asset Managment Economics Accounting Insurance Financial Reporting Finance Reinsurance Underwriting

Cosmas Cheruiyot, Fia [Chartered] Education Details

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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