job description - Chief Actuary
Calculation, review and analysis of technical reserves under local regulations, IFRS4 and IFRS17.- Refine and further develop tools, process and reporting under IFRS17 to enhance value and accuracy of results.
- Portfolio analysis: claims experience and profitability.
- Data analysis: improve data quality, determine model points, and set actuarial assumptions.
- Produce reports to enable accurate decision making by management and subsequent monitoring of action plans.
- Work with central management and local management teams to establish a quarterly reserving review process across the portfolio.
- Drive the relationship with Finance, Pricing, claims handling to ensure holistic approach on reserving and pricing.
- Assistance with ad hoc actuarial needs from subsidiaries and JV central team.
Qualification and Experience
- Master's degree: Engineering, Actuarial Science, Statistics or Mathematics
- Qualified Actuary with 10+ years' experience
- Insurance company or advisory firm experience
Knowledge and Skills
- Mastery of statistical and probability calculation tools
- Analytical skills
- Synthetic skills
- Sound knowledge of non-life reserving methods
- Strong knowledge of statistical software programs (SAS - R)
- Strong mastery of MS Excel
- Writing and communication skills
- Fluent in English
Personal Attributes
- Good planning skills
- Leading a team
- Thoroughness and reliability
- Attention to detail
- Ability to see bigger picture and consider implications of results on wider processes and teams
- Analytical and organisational skills
- Good interpersonal skills
- Confidentiality
- Core Competencies
- Cultivates Innovation
- Client Focus
- Drive Results
- Collaborates
- Flexibility and adaptability
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About the company
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We are a leading financial services institution in Nigeria, having successfully transformed the Nigeria Insurance space and distinguishing itself by delivering exceptional services.