Joseph Mulemfwe
Lusaka
Summary
Versatile and dedicated Actuarial Support Officer with a proven track record in successfully implementing IFRS 17 standards. I played a key role in guiding the company through the intricacies of IFRS 17 compliance, utilizing my expertise to build an Excel expense model aligning company expenses, conducting GMM runs in Prophet, and producing PAA numbers. As a crucial member of the team, I contributed significantly to the preparation of IFRS 17 financial statements and conducted ad hoc data analytics reports using Power BI and Excel. My role not only ensured regulatory compliance but also fostered efficient financial reporting and analysis in a dynamic and challenging environment.
Overview
2
2
years of professional experience
1
1
Certification
Work History
IFRS 17 Actuarial Support Officer
Prudential Life Assurance Zambia
2023.02 - Current
- Supported company in IFRS 17 implementation as Actuarial Support Officer.
- Built Excel expense model to align company expenses with IFRS 17 standards.
- Conducted General Measurement Model (GMM) runs in Prophet for comprehensive financial modeling.
- Produced Premium Allocation Approach (PAA) numbers in accordance with IFRS 17 regulations.
- Played key role in preparation of IFRS 17 financial statements, ensuring compliance.
- Undertook ad hoc data analytics reports using Power BI and Excel, responding to business requests promptly.
- Applied actuarial principles and financial standards knowledge to ensure accurate and compliant reporting.
Actuarial and Data Analytics Intern
Prudential Life Assurance Zambia
2022.06 - 2023.02
- Learned Actuarial Process Flow:Gained a comprehensive understanding of the actuarial process flow for the valuation of insurance liabilities.
- Data Preparation for Valuation:Prepared data for actuarial valuation, ensuring accuracy and completeness in line with industry standards.
- Business Reports with Power BI and Excel:Utilized Power BI and Excel to create insightful and visually compelling business reports, providing key stakeholders with actionable insights.
- Collaborative Actuarial Support:Worked closely with the actuarial team, offering support and contributing to the overall valuation and analysis process.
- Applied Analytical Skills:Leveraged analytical skills to interpret and analyze data, ensuring the accuracy and relevance of information for actuarial purposes.
- Hands-On Experience:Gained practical, hands-on experience in the day-to-day activities of actuarial and data analytics processes within the insurance industry.
- Contributed to Decision-Making:Played a role in providing data-driven insights that contributed to informed decision-making within the actuarial team.
- Professional Development:Engaged in continuous learning, staying abreast of industry trends and advancements in actuarial and data analytics practices.
Education
Bachelor of Science - Actuarial Science
The University Of Zambia
Lusaka, Zambia04.2022
Skills
- Micro soft Excel
- Prophet
- Power BI
- Critical Thinking
- Problem solving
- Financial Modelling
Accomplishments
Graduated as the best student in Actuarial Science
Certification
Financial Modelling & Valuation Analyst
Hobbies
Reading
Football
Walking
Watching Soccer
Timeline
IFRS 17 Actuarial Support Officer
Prudential Life Assurance Zambia
2023.02 - Current
Actuarial and Data Analytics Intern
Prudential Life Assurance Zambia
2022.06 - 2023.02
Bachelor of Science - Actuarial Science
The University Of Zambia
Financial Modelling & Valuation Analyst
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