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Foresight, Integrity, Responsibility, Passion, Openness
Job Overview
Closing Date: 04 December 2019


Reporting to the company’s CEO, the Actuarial Analyst will be responsible to:

  •        Perform the actuarial functions in respect of the Insurance and Pensions business
  •        Provide support in the administration and overview of the Insurance Operations and ensure that processes and procedures are geared towards sound actuarial and underwriting principles
  •        Preparation of data and reports for submission of statutory and other related returns.
  •        Carry out and/or verification of technical computations pertaining to Life assurance, Pensions, and Investment
  •        Preparation of draft actuarial reports and documents.
  •        Preparation, checking and updating of statistical reports for both internal and external use and for management information.
  •        Monitor implementation of IFRS 17 and its subsequent maintenance.
  •        Provide the appropriate support and on-the-job training as and when required.
  •        Prepare and submit reports to Management and assist in the preparation of Board papers
  •        Participate in the review and digitisation of the Company’s process and services
  •        Review and assist in implementation of KPIs for monitoring strategic and operational performance.
  •        Assist in preparation and submission of Budget, Strategy, and Business Plan
  •        Assist in the design, pricing/re-pricing and profit testing of new products and existing products
  •        Assist and participate in the monitoring of the Risk Management Framework
  •        Assist and provide all relevant data and clarifications to the Statutory Actuary in the annual valuation of the Company’s Life Fund and other actuarial assignments.
  •        Liaise with regulatory authorities and other stakeholders
  •        Ensure timely provision of data and other information to require in the course of their duties.
  •        Ensure that actuarial/valuation data/information, registers, records and connected documents are properly maintained and updated and readily available as and when required

 Candidate profile:

  •        A minimum of three years’ full-time actuarial experience preferably at a Supervisor or higher level within a life assurance environment.
  •        Experience acquired at management level will constitute an advantage
  •        Either BSC in Actuarial Science plus at least 3 subjects cleared from a recognized Actuarial Body OR at least 6 subjects cleared from a recognized Actuarial Body OR such qualification acceptable to the Company.
  •        Additional Specialist Technical Subjects within the life assurance or risk field of study cleared from the Actuarial Exams will be an advantage
  •        Must be proficient in Office IT applications with excellent knowledge of Excel
  •        Knowledge and experience on Actuarial software will constitute an advantage.
  •        Self-motivated and results-oriented with strong organizational, analytical and decision-making skills.
  •        Excellent communication, interpersonal and leadership skills.
  •        Willingness to acquire additional technical and professional skills
  •        Ability to work under pressure and meet tight deadlines.


If you feel you have the right profile for the job, please submit your application at quoting AA/ILA/19.

The deadline for submission of all applications is the 4th December 2019.


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