Head, Actuary Unit at NEM Insurance PLC

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
11 months ago

Additional Details

Job ID
121730
Job Views
59

Job Description

  • Application Deadline: Wed, 30 Apr 2025 00:00:00 GMT
  • Position: Head, Actuary Unit


  • Job Type Full Time


  • Qualification BA/BSc/HND


  • Experience 4 - 6 years


  • Location Lagos



  • Job Field Insurance 









Role Description



This role is responsible for the actuarial management of our General Insurance Business. S/he will be in charge of in-house actuarial services as well as ensuring that external actuarial services received by the company are accurate and meet the needs of the company.



Responsibilities




  • Actuarial Valuation & Enterprise Risk Management

  • Product Pricing & Development

  • Asset Liability Management

  • Business Reporting and Communication with Stakeholders

  • Reinsurance Management

  • Financial Forecasting & Reserving

  • Regulatory & Compliance Management



Qualifications




  • Bachelor’s degree in actuarial science, Mathematics, Statistics, Finance, or a related field.

  • Minimum of 4 years of actuarial work experience within a similar business

  • Knowledge of IFRS 17, NAICOM regulations, solvency requirements, and risk management frameworks.

  • Strong technical expertise in actuarial modelling, data analysis, and reinsurance strategies.

  • Proficiency in Excel



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