Senior Acturial Analyst

ACADEMIC QUALIFICATIONS

• Bachelor’s degree in actuarial science or related field. A master’s degree in actuarial management will be an added advantage.
  

JOB SKILLS AND REQUIREMENTS

Technical Skills

• Proficient in actuarial modelling tools (e.g. Basys, RiskIntegrity, Advanced Excel Skills, VBA, Python, R, PowerBI).
  
• Advanced analytical skills and business insight.
  
• Familiarity with Power BI or other dashboarding tools is a plus.
  

Behavioural Attributes

• Strong attention to detail and a commitment to accuracy.
  
• Able to manage multiple deadlines and priorities under minimal supervision.
  
• Effective communicator—both written and verbal—with stakeholders at all levels.
  
• Mentorship mindset and a collaborative team player.
  

PROFESSIONAL QUALIFICATIONS

• Progress toward actuarial qualification (minimum: 10 papers).
  

EXPERIENCE

Experience

• Minimum 8 years actuarial experience in life insurance. Experience leading analysts will be an added advantage.
  
• Strong experience in IFRS 17 valuation and reporting.
  
• Experience in calculating VIF, VNB and Embedded Value.
  
• Understanding of Asset-Liability Management Process.
  

1. Financial & Regulatory Reporting

• Production and review of IFRS 17 valuation results and associated disclosures.
  
• Production and Review of statutory filings in accordance with Insurance Regulatory Authority (IRA), and Management Reports for internal consumption (VNB, VIF, EV, etc).
  
• Collaborate with finance to align actuals vs budget and improve monthly close efficiency.
  

2. Experience Monitoring

• Perform periodic claims experience analyses to guide pricing, reserving assumptions, and give recommendations for management actions.
  

3. Capital Modelling

• Run capital adequacy assessments under local solvency regulations. Produce Capital Adequacy reports with recommendations to management.
  

4. Pricing & Product Development

• Pricing of new individual and group life products, ensuring alignment with profitability, competitiveness, and regulatory standards.
  
• Enhance pricing tools and profitability testing models.
  
• Develop bespoke schemes for corporate clients, affinity groups, and pension providers.
  

5. Budgeting & Strategy Actuarial Inputs