Actuarial Consulting Director (Life) (Actuary / Life Insurance / IFRS 17 / Risk Management)
CA Global Africa Recruitment
Lagos, Nigeria
6d ago
source : Africa Job Board

Job Description :

Our client is seeking a qualified candidate to be considered for the position of Actuarial Consulting Director (Life) in their Financial Services practice in Nigeria.

Their Actuarial Consulting practice comprises three areas : Life / Health Insurance and Property / Casualty Insurance products and services and Employee Benefits services.

This exciting opportunity is in our clients Life Insurance practice in Nigeria.

Responsibilities :

It is all about providing the knowledge the clients need to execute strategies and resolve complex issues. Our client will look to you to lead client engagement teams in the Life area of their practice, in a wide variety of areas including :

  • Financial Reporting
  • Actuarial valuations
  • Risk Management
  • Actuarial Transformation
  • Financial Modelling
  • Mergers and Acquisitions
  • Audit Support / Approved Actuary support
  • Capital optimisation
  • Investment advisory
  • New business start-up services
  • IFRS 17
  • Skills and attributes for success :

  • Lead large scale client engagements. Consistently deliver quality client services. Drive high-quality work products within expected timeframes and on budget.
  • Monitor progress, manage risk and ensure key stakeholders are kept informed about progress and expected outcomes. Manage expectations of client service delivery.

    Stay abreast of current business and industry trends relevant to the client's business.

  • Effectively lead and motivate teams with diverse skills and backgrounds. Provide constructive on-the-job feedback / coaching to team members.
  • Foster an innovative and inclusive team-oriented work environment. Play an active role in counselling and mentoring junior consultants within the organization.

  • Generate new business opportunities. Understand the business and its service lines and actively assess / present ways to serve clients.
  • Develop and maintain long-term client relationships and networks. Develop relationships with team members across all the company’s practices to serve client needs.

  • Demonstrate deep actuarial technical capabilities and professional knowledge. Demonstrate ability to quickly assimilate new knowledge.
  • Possess in depth business acumen. Remain current on new regulations concerning Insurance industry.

  • Demonstrate an understanding of complex actuarial concepts, discuss complex issues with the engagement team and client management, keep informed of professional standards and firm policies (e.
  • g., Actuarial Standards of Practice), and effectively apply this knowledge to client situations.

  • Maintain a reputation as an industry expert by writing articles, taking a leadership role within industry groups and speaking at industry events.
  • Requirements : Qualification and Skill

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, and / or other related major
  • Minimum of 8 years’ experience working in an actuarial-oriented position, with 3 years of increased management responsibility
  • Fellowship in the Society of Actuaries, Institute and Faculty of Actuaries, or other internationally recognized association
  • Proficiency in the use of spreadsheets and actuarial-related software / tools, including AXIS, Prophet, ALFA, MOSES, VBA, C++ or other actuarial related software would be an advantage
  • A proven ability to manage time while working on multiple, often shifting, projects, and the confidence to work both collaboratively and independently under pressure
  • Excellent analytical and project management skills, along with a creative approach to overcoming challenges
  • Excellent communication skills, including the ability to understand and persuade on complex subjects both in writing and verbally
  • Further Skills :

  • Prior consulting experience with some business development, sales and account management skills
  • Ability to deliver proposals and contribute to strategic discussions at the senior management level
  • Willingness and ability to travel to meet client needs
  • Some managerial experience including leading teams across different projects
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