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Senior Actuarial Analyst

3 months ago

Lagos, Lagos, Nigeria Prudential Zenith Life Insurance Full time
  • Develop and analyze actuarial models
  • Design new product development proposals and potential value to both customers and the Company and coordinate the approval and documentation
  • Support new product development and alteration/revision to existing products.
  • Monitoring and tracking performance Of existing policies to actualize trends investigations & reporting for future reviews and corrective rnechanisms when necessary.
  • Reinsurance review and optimization
  • Conduct periodic actuarial valuation in compliance with both IFRS 4 and IFRS 17.
  • Perform periodic market reviews and competitor analysis, as part of product strategy and positioning.
  • Regular reporting on the performance Of new and existing products
  • Ad hoc actuarial tasks e.g. partnering with the reporting team where necessary.

Qualifications:

  • BSc Actuarial Science, or any other numerate disciplines.
  • Minimum of 2:2 class of degree.
  • Significant progress achieved with actuarialprofessional/certification exams

Expe rience:

  • A minimum of 7 years cognate/hands-on experience actuarial functions.
  • Substantial actuarial expertise hands-on/cognate experience product developnnent and related processes, etc
  • Appreciable knowledge of Nigeria Insurance landscape knowledge, specifically life insurance.

Skills & Competencies

  • Extensive experience in product development, pricing. and profit testing.
  • Proficiency in Excel and Visual Basic Applications
  • Reasonable knowledge Of the new insurance industry financial reporting standard, IFRS 17
  • Excellent problem-solving skills with a meticulous and rnethodical approach.
  • Effective communication & presentation articulate skills
  • Excellent stakeholder management. with business