Lindiwe Zoë Gei-khoibes

QED Actuaries & Consultants ( South Africa)

Responsibilities but not limited to:

Actuarial Valuation Report ( Mid Year & Main Audit):

• Assist QED ( Life Actuarial Team QED + - Short Term Actuarial Team QED) with the yearly NamibRe mid and main actuarial valuation audit report
• Perform statistical analysis of life data to identify trends
• Provide Namibian economic feedback on data trends and or NamibRe business impacts upon request from QED should any discrepancies in the raw data be picked up
• Generate and maintain reports summarizing the results. Prepared detailed documentation to support actuarial assumptions, processes, and results. i.e. provide Life Lead File ( Summary Excel file detailing the Total Reinsurance and Per Policy yearly and quarterly profit
• Run the QED FTP Raw data site
• Produce files upon requests from QED to assist with the completion of the NamibRe Actuarial Valuation Reports ( i.e “ Life Lead File” etc )

NamibRe: ( Namibia )

Responsibilities but not limited to:

• Greatly attributed to the processing and reporting of the 12.5% Per Policy Compulsory Session agreements between NamibRe and all insurance institutes in Namibia. ( So as to ensure capital retainment within the Namibian economy )
• Assisted CFO with urgent requests ( produce excel files according to instruction )
• Monitor the ongoing life business environment
• Produce NAMFISA ( Namibia Financial Institutions Supervisory Authority ) Quarterly Reports
• Support the corporate goal to grow the reinsurance business by reviewing claims data to assess potential losses due to fraud or regulatory defaults by the cedents
• Analyse the quarterly life data received from cedents, ensuring compliance with regulations and acts. Report findings to CFO / GM should repeated claims, understated premiums etc be picked up in the raw data)
• Participated in cross-functional teams tasked with developing innovative solutions for business challenges
• Identified areas where existing systems can be improved through process reengineering initiatives
• Willingly takes on additional responsibilities as requested to accomplish Finance department and company objectives
• Create quarterly summary excel sheets on analysed data (Sent to reinsureres: SCOR/ FMRE/MUNICHRE and Brockers)
• Track record in delivering data science projects which drove tangible, significant business gains
• Track life payments
• Assist with Life Budget as requested by GM or head of Life
• Produce life files as requested by the auditing company. I sit with the auditors on their Life selections and take them through the entire years raw data and "Life Lead File"

Trust Re ( Bahrain )

• Calculated monthly premium + claim reserves & operated all reserving systems (after 4 months of training)
• Improved the efficiency of the premium reserving systems by assisting with the automation of the premium reserving model from excel to R
• Sent monthly and quarterly summaries to the CRO and other senior management actuaries detailing revised monthly reserving valuations & future recommendations
• Demonstrated self- reliance and fast adaptability to middle eastern business cultures by meeting and exceeding workflow needs
• Calculated Premium Reserves for the Facultative, Proportional, Non-Proportional and RI on Non-Proportional Portfolios
• Presented monthly premium reserve valuations to my line Manager. Thereafter I authored several reserving reports for TrustRe, OmanRe & Cyprus branch. Gained good understanding of IFRI ( International Financial Reporting Insurance) & SII Reserving Theory
• Aided senior reserving actuaries in their day to day business projects and tasks
• Extracted & cleaned/manipulated raw data from systems such as the Oracle JavaTechnology network, REA
• Categorized & entered cleaned numerical data into databases such as the Access database and ResQ
• Maintained database systems

ARYSTEQ Asset Management ( Namibia )

Key Achievements:

• Assisted in the launch of the ARYSTEQ - GIPF ( Government Institutions Pension Fund) mandate valued at 600 million NAD
• Created an automated JSE capped SWIX 15 index financial model. (The model adhered to the JSE Capping Rules as per the FTSE/JSE African Index Series)
• Index closely monitored the GIPF Portfolio ( calculating daily effective opening weight & the daily total return of 164 stocks)
• Applied gained knowledge by starting a personal investment portfolio on the JSE

Key Responsibilities:

• Contributed to daily morning meetings ( provided in-depth reports on : stock prices, capital markets, market watch, relevant international news)
• Maintained and ran the index
• Sent portfolio managers daily reports on portfolio performances
• Attended extensive Bloomberg Terminal training sessions. Extracted key information
• Conducted a "knowledge share PP presentation" on the Black- Scholes Model focused on:

1. Its relevance by calculating the value of an Option on the Dow Jones
2. The importance of the Black-Scholes Model and how it has influenced other pricing-models like machine learning
3. Demonstrated how machine learning algorithms are used for creating prediction models in order to predict the future stock price of assets and simultaneously compared that to the Black-Scholes prediction model to show the level of its accuracy

Old Mutual ( Namibia )

• Shadowed multiple actuarial associates
• Gained a practical understanding of the actuarial career and what the day to day career entails
• Authored morning meeting minutes