Abidjan, Côte d'Ivoire

Job Description

The Company 
A global insurance company seeks to engage its next dedicated insurance actuary for one of its branches in Ivory Coast, who will among other tasks be in charge of data analysis, risks assessment and cost determination of insurance policies.

  • Establish payment statements, funding and underwriting policies
  • Prepare summaries of findings and make recommendations for approval or disapproval of regulated rates
  • Analyze insurance policies and rates to determine the best coverage for clients’ needs
  • Review and evaluate ratemaking techniques and their appropriateness in developing rates for various lines of insurance
  • Liaise with insurers and state regulators to ensure compliance with legal requirements
  • Review actuarial opinions, reports and memorandums in rate and rule filings, form filings, credit model filings, underwriting guideline filings, and information submitted to comply with filing requirements or special data requests
  • Provide advice regarding the financial impact of proposed changes to an insurance policy
  • Conduct research, assist with data calls, assist with data review and analysis and assist with preparation of technical reports to monitor the insurance market
  • Determine equitable basis for distributing surplus earnings under participating insurance and annuity contracts in mutual companies
  • Develop actuarial and statistical exhibits

  •  BSc Actuarial Science, Statistics, Mathematics or related field
Professional Experience
  • Three (3) years or more professional work experience in a related field.

Skills & Aptitude
  • Excellent practical knowledge of actuarial formulas, methods, procedures, loss reserving and pricing methods, assumptions, and calculations
  • Adequate proficiency in applying actuarial principles and techniques
  • Ability to interpret insurance rules, regulations, policies, and procedures
  • Ability to communicate clearly and concisely and apply critical thinking
  • Capacity to establish and maintain effective working relationships with both internal and external clients
  • Capacity to develop, prepare, and present technical reports, correspondence, and presentations for consumers, public officials, industry representatives, and other groups
  • Hands-on experience with statistical software packages
  • Good knowledge of Microsoft Office

  • Full-time
  • General Insurance
Direct Superior
  • Chief Actuary 
  • Industry Standard
Application Directives
  • Kindly apply by uploading your recent resume on this site
  • English speaking applicants should have adequate proficiency in french and resume should be in french format
  • Only shortlisted applicants will be contacted
Position Based At
  • Abidjan
Application Deadline
  • October 20, 2022 at 11:00 a.m