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Actuarial Assistant At Cic Insurance

Cic Insurance

Insurance full time Nairobi Posted 2 weeks ago

CIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and MalawiAbout the Role We are looking for an enthusiastic Actuarial Assistant to provide support in financial analysis related to the  valuation of the actuarial liabilities, pricing of new products, monitoring the performance of existing products, financial projections and market intelligence through industry analysis. This entry-level opportunity is ideal for a motivated actuarial graduate eager to build a strong foundation in actuarial systems, modelling, and data analytics in a collaborative and innovative environment. Key Responsibilities Assist in preparing and validating data for actuarial modelling and reporting. Support the execution and testing of actuarial models under the guidance of the Actuarial Analyst and Manager. Support in maintaining documentation of assumptions, methodologies, and model configurations. Participate in model automation, process testing, and improvement initiatives. Contribute to regular actuarial reporting tasks, including reconciliations and data checks. Provide general analytical and technical support to the Group Actuarial team. Who We’re Looking For Qualifications Bachelor’s degree in Actuarial Science, Statistics, Mathematics, or a related field. 0–2 years of actuarial experience (internship or graduate trainee experience acceptable). Progress toward actuarial exams (IFoA, SOA, ASSA, or equivalent) is an advantage. Proficiency in Microsoft Excel; familiarity with SQL, Python, or Power BI is desirable. Strong numerical aptitude, problem-solving skills, and attention to detail. Key Competencies Analytical, curious, and eager to learn new systems and actuarial tools. Strong teamwork and communication skills. High level of accuracy and accountability. Demonstrates initiative and adaptability in a fast-evolving environment.