Actuarial Analyst
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Job summary
The Actuarial Analyst will support actuarial reporting, financial modeling, product analysis, and risk evaluation activities within the organization. The role requires strong analytical capability, attention to detail, and the ability to interpret complex financial and statistical data to support business decision-making.
Min Qualification:
Degree
Experience Level:
Entry level
Experience Length:
2 years
Language Requirement:
English
Working Hours:
Full Time - 9 to 5
Applicant Location:
Nigeria
Job descriptions & requirements
Responsibilities:
Actuarial Analysis & Reporting:
- Support actuarial valuation processes and periodic reporting activities.
- Assist in the preparation of reserves, liabilities, and profitability analysis.
- Perform experience investigations and trend analysis using actuarial techniques.
- Develop reports and dashboards to support business and regulatory requirements.
Financial Modelling & Forecasting:
- Build and maintain actuarial models for pricing, projections, and scenario analysis.
- Support forecasting activities related to premiums, claims, and profitability.
- Analyze financial and insurance data to identify patterns, risks, and opportunities.
- Assist with embedded value calculations and financial impact assessments.
Product & Pricing Support:
- Contribute to the pricing and review of insurance products.
- Evaluate product performance and recommend pricing adjustments where necessary.
- Support profitability assessments and product sustainability analysis.
- Collaborate with product and underwriting teams on new initiatives.
Risk & Regulatory Compliance:
- Support compliance with actuarial standards, internal controls, and regulatory requirements.
- Assist with solvency assessments and risk-based capital analysis.
- Participate in audit requests and actuarial governance processes.
- Ensure accuracy and integrity of actuarial data and assumptions.
Requirements:
- Minimum of 2 years of experience
- Minimum of a BSc.
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