Summary
Overview
Work History
Education
Skills
Affiliations
Timeline
Hi, I’m

KAVISH JAUNKY

Risk Officer
Pointe Aux Cannoniers
KAVISH JAUNKY

Summary

My degree is in Actuarial Science stretched with a Master’s Degree in Management Science, I have been involved in Enterprise Risk Management for more than 15 years and been equipped with strategic planning and program leadership abilities honed in the Insurance industry environments.

I am a person with high learning ability and skills such as teamwork, leadership, and good communication. I like to work with responsibility, dedication, and perseverance. I can establish good interpersonal relationships and foremost I am loyal to my principles, ethics and always giving the best out of me.

Overview

14
years of professional experience
32
years of post-secondary education
4
Languages

Work History

SanlamAllianz Re
St Pierre

Risk Officer
04.2023 - Current

Job overview

  • Reports to the Board Audit & Risk Committee and designated Risk Officer with the Regulator
  • Implementation and continuous improvement of the Enterprise Risk Management Framework
  • Developing & reviewing Risk Policies, Risk Registers, Risk Appetite Statements and the ORSA Framework
  • Developing business strategies which is in line with the Group vision
  • Developing and maintaining relationships with External Auditors and Statutory Actuaries
  • Advise on risk related issues for company subsidiaries
  • Align laws and regulations which might affect the company and advise on compliance
  • Implementation of ISO27001, Business Continuity Plan and Cyber Security
  • Ensuring risk culture awareness
  • Management of office and facilities alongside office security.

Swan General Ltd
Port Louis

Head of Risk
10.2017 - 03.2023

Job overview

  • Implementation and continuous improvement of the ERM Framework in line with the Insurance (Risk Management) rules 2016
  • Setting up corporate governance structures for the group while ensuring proper risk culture awareness
  • Compilation of the Risk Management section of the Annual Report
  • Reports to the Board Audit & Risk Committee w.r.t
  • Management of Risk Policies and Risk Appetite Statements
  • Defining and reporting on the ORSA framework while determining the Stress tests and Scenarios
  • Overview Operational risks as per internal & external Audit findings
  • Challenge Business Plans and Company Strategies
  • Ensuring line of communication with External Auditors and Statutory Actuaries
  • Develop contingency plans to deal with emergencies and business disruptions
  • Align laws and regulations which might affect the company and advise on compliance.

Mauritius Union Assurance Ltd
Port Louis

Assistant Risk Manager
09.2012 - 09.2017

Job overview


  • Compilation of the Risk Management section of the Annual Report
  • Reports to the Board Risk Committee w.r.t
  • Management of risk policies, risk appetite and risk bubble map
  • Responsible of the implementation of risk management policies and risk control matrices
  • Developing risk mitigation strategies for the organization’s critical risks and ensures proper monitoring
  • Establishing and communicating the organization’s Enterprise Risk Management (ERM) objectives and direction
  • Ensures effective alignment of ERM process and Internal Audit
  • Create risk culture awareness group wide
  • Assist in the implementation of Business Continuity Management
  • Implementation of Risk Management Framework in African Subsidiaries (Kenya, Tanzania, Uganda & Rwanda)

Mauritius Union Assurance Ltd
Port Louis

Actuarial Analyst
12.2009 - 09.2012

Job overview

  • Administration and calculation of Group Life and Group Pension schemes
  • Research and development of new insurance products
  • Re-pricing and rationalization of products to be more competitive
  • Calculations and preparations of reinsurance accounts
  • Preparation of IAS19 for pension funds
  • Administration of unit-linked policies and advise clients on investment funds
  • Assist in performing the Actuarial Valuation
  • Monthly gross premium reserves and net present value calculations
  • Calculation of weighted average cost capital and company comparable
  • Handling complex data on spreadsheets and modeling on actuarial software BASYS and AXIS
  • Calculations and preparations of reinsurance accounts.

BAI Co (Mtius) LTD
Curepipe

Actuarial Analyst
09.2012 - 09.2017

Job overview

  • Evaluated adequacy and competitiveness of current pricing models for personal insurance products.
  • Performed benefit calculations for retirement and terminated vested.
  • Provided statistical analysis of how proposals would impact profitability and competitiveness.
  • Collected, analyzed and reviewed required reporting forms and corresponded with internal sources on compliance and legislation.

Education

University of Kent
Canterbury, UK

Master of Science from Management Science and Operational Research
09.2009 - 11.2010

University of Kent
Canterbury, UK

BSc. (Hons) from Actuarial Science
09.2004 - 06.2008

College Du Saint Esprit
Quatre Bornes, Mauritius

A’ Levels
01.2002 - 01.2004

College Du Saint Esprit
Quatre Bornes, Mauritius

GED
01.1997 - 01.2022

Skills

Enterprise Risk Management

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Affiliations

Mauritius Round Table No. 7

Institute of Risk Management

Timeline

Risk Officer

SanlamAllianz Re
04.2023 - Current

Head of Risk

Swan General Ltd
10.2017 - 03.2023

Assistant Risk Manager

Mauritius Union Assurance Ltd
09.2012 - 09.2017

Actuarial Analyst

BAI Co (Mtius) LTD
09.2012 - 09.2017

Actuarial Analyst

Mauritius Union Assurance Ltd
12.2009 - 09.2012

University of Kent

Master of Science from Management Science and Operational Research
09.2009 - 11.2010

University of Kent

BSc. (Hons) from Actuarial Science
09.2004 - 06.2008

College Du Saint Esprit

A’ Levels
01.2002 - 01.2004

College Du Saint Esprit

GED
01.1997 - 01.2022
KAVISH JAUNKYRisk Officer