Actuarial Assistant at CIC Insurance

PURPOSE:

To provide financial analysis to support valuation of the actuarial liabilities, pricing of new products, monitoring the performance of existing products, financial projections and market intelligence through industry analysis.

PRIMARY RESPONSIBILITIES:

• Collect, compile and analyze data for use in valuation models of liabilities on specific lines of business
• Collect, compile and analyze data for use in product development, monitoring and reviews on specific lines of business
• Consolidate and analyze data from AKI/IRA for use in quarterly industry analysis report
• Perform monthly business and finance data checks on specific lines of business
• Create and develop models and tools used for various actuarial purposes
• Consolidate and analyze data on the investment portfolio for the subsidiary
• Involvement in CIC Group strategic initiatives such as IFRS 17 implementation and reporting.

Academic and Professional Requirements

Education 

• Bachelor’s degree in Actuarial Science or Statistics or Mathematics or a related field from a reputable university

Experience Required:

• Relevant experience    2