Actuarial Analyst

About

CIC Insurance Group seeks a proactive and technically skilled Actuarial Analyst to join its Group Actuarial team. The role supports the Actuarial Manager – Systems and Reporting with automation, systemization, and continuous improvement of actuarial reporting processes across Life and General Insurance entities, including IFRS 17 and financial reporting transformation. Terms of service: Full Time Duty station: Nairobi, Nairobi, Kenya

How to apply

Apply online through CIC Careers, clearly indicating the position being applied for. Attach a resume in .pdf, .doc, .docx, .odt, .txt, or .rtf format (limit 5MB), or paste a resume.

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Responsibilities

• Support the automation and systemization of IFRS 17 actuarial reporting processes for Life and General Insurance entities.
• Perform data preparation, validation, and reconciliations to support actuarial modelling and reporting.
• Assist in maintaining actuarial model configurations, assumptions, and documentation.
• Support development, testing, and enhancement of actuarial models used for valuation, reserving, and financial projections.
• Participate in the integration of actuarial models with Group reporting platforms and data systems.
• Provide testing and documentation support for system improvements and upgrades.
• Collaborate with Finance, IT, and subsidiary actuarial teams to ensure accuracy, efficiency, and consistency of actuarial outputs.

Qualifications

• Bachelor’s degree in Actuarial Science, Statistics, Mathematics, or a related field.
• Progress toward actuarial qualification (IFoA, SOA, ASSA, or equivalent).
• 2–4 years of actuarial experience in Life or General Insurance.
• Working knowledge of IFRS 17 concepts and actuarial software (Prophet, MoSes, AXIS, or equivalent).
• Proficiency in Excel; experience with SQL, Python, or Power BI is an added advantage.
• Strong analytical and problem-solving skills with high attention to detail.
• Curious and self-driven with a passion for actuarial systems and automation.
• Strong analytical and technical aptitude.
• Effective collaborator with excellent communication skills.
• Organized, detail-oriented, and able to work under tight timelines.
• Committed to professional growth and continuous learning.