Head, Actuarial Services
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A leading Nigerian insurance group is recruiting a Head of Actuarial Services through Estrada International Staffing Solutions. The full-time role (8 to 5) leads actuarial strategy, valuation and reserving, pricing, financial analysis, and risk/capital work, requiring a degree, five years of experience, and English.
- Lead actuarial strategy, methodologies, governance, and executive advice.
- Oversee liability valuations, reserve adequacy, and claims analysis.
- Drive insurance pricing, product development, and profitability analysis.
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A leading Nigerian insurance group is recruiting a Head of Actuarial Services through Estrada International Staffing Solutions. The full-time role (8 to 5) leads actuarial strategy, valuation and reserving, pricing, financial analysis, and risk/capital work, requiring a degree, five years of experience, and English.
- Lead actuarial strategy, methodologies, governance, and executive advice.
- Oversee liability valuations, reserve adequacy, and claims analysis.
- Drive insurance pricing, product development, and profitability analysis.
- Support financial planning, forecasting, risk management, and capital assessment.
- Full-time, 8 to 5; degree, 5 years' experience, and English required.
- Salary listed as NGN 900,000 - 1,200,000; Easy apply available.
AI job guide
Use this guide to check salary signals, requirements, documents, application steps and safety before you apply.
AI salary guide
Source salary availableThe source lists NGN 900,000 - 1,200,000. Confirm the final pay, benefits, contract terms and allowances directly with the employer before accepting an offer.
Can you qualify for this role?
- Required5+ years of relevant experienceThe job post includes a minimum experience signal.
- RequiredEducation or certification mentioned in the postThe captured text mentions education, a diploma, certificate, or licence.
- PreferredPractical evidence in internship, finance, Actuarial ServicesThe tags and summary point to skills connected with this role.
- RequiredAvailability to work in Nigeria Job descriptions & requirementsThe vacancy is associated with this location.
- UnclearComfort with the Full Time contract termsConfirm hours, duration, probation and benefits at the original source.
Documents to prepare
- Likely requiredUpdated CV
- Role specificCover letter or short employer message
- OptionalProfessional references
- Role specificAcademic or professional certificates
- VerifyID or passport only after verifying the employer
Application tips for this job
- Place your strongest Head, Actuarial Services evidence in the first half of your CV.
- In your cover letter or employer message, connect your experience to Estrada International Staffing Solutions and the role in Nigeria Job descriptions & requirements.
- Add concrete examples related to internship, finance, Actuarial Services, ideally with measurable outcomes or clear responsibilities.
- Follow the instructions from Jobberman Nigeria; avoid sending documents to unofficial contacts or copied links.
- Confirm the deadline, interview location and employer contact before sharing personal documents.
Source and safety check
- Jobberman Nigeria
- Original source link available
- Application method is clear
- Deadline not specified
- No major risk signal was detected in the captured text.
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Interview preparation
- What experience makes you a strong fit for this Head, Actuarial Services role in internship, finance?
- How have you handled responsibilities similar to those in this job post?
- Are you available to work in Nigeria Job descriptions & requirements under the listed contract or schedule?
- Prepare examples with clear responsibilities, tools used and measurable outcomes.
- Review the source and research Estrada International Staffing Solutions before the interview.
Ask what the first priorities will be in the role and how success will be measured.
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Original source description
E
Head, Actuarial Services
Estrada International Staffing Solutions
Accounting, Auditing & Finance
Today
Easy apply
New
Nigeria
Full Time
Banking, Finance & Insurance
NGN
900,000 - 1,200,000
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Job summary
Our client is a leading Nigerian insurance group offering a broad portfolio of insurance solutions across life, general and special risk businesses. The organization is licensed to underwrite various classes of insurance, including fire and special perils, goods-in-transit, all-risk insurance and other specialized insurance solutions.
Min Qualification:
Degree
Experience Level:
Senior level
Experience Length:
5 years
Language Requirement:
English
Work Type:
Full Time
Working Hours:
8 to 5
Applicant Location:
Nigeria
Job descriptions & requirements
Key Accountabilities
- Actuarial Leadership:
- Provide strategic direction for the actuarial function and ensure alignment with the organisation's overall business objectives.
- Establish robust actuarial methodologies, processes and governance frameworks.
- Provide expert actuarial advice to executive management and relevant business units.
- Lead the development and continuous improvement of actuarial policies and procedures.
- Valuation & Reserving:
- Oversee the valuation of insurance liabilities and technical provisions.
- Ensure appropriate methodologies and assumptions are applied in determining reserves.
- Review reserve adequacy and identify emerging trends that may affect the organisation's financial position.
- Provide actuarial insights into claims development, liabilities and future obligations.
- Pricing & Product Development:
- Lead actuarial input into the pricing of insurance products.
- Evaluate product profitability, pricing assumptions and expected financial outcomes.
- Support the development and review of new and existing insurance products.
- Monitor pricing performance and recommend adjustments where required.
- Financial & Business Analysis:
- Provide actuarial analysis to support business planning, budgeting and forecasting.
- Develop financial models to assess business performance and future scenarios.
- Evaluate the financial implications of strategic and commercial decisions.
- Provide management with actionable insights from actuarial and business data.
- Risk Management & Capital:
- Support the organisation's assessment of insurance and financial risks.
- Conduct scenario analysis and stress testing to evaluate potential exposures.
- Provide actuarial input into capital management and solvency assessments.
- Identify emerging risks and recommend appropriate mitigation strategies.
- Regulatory & Governance:
- Ensure actuarial activities comply with applicable regulatory requirements and professional standards.
- Prepare and review actuarial reports and submissions required by relevant regulatory authorities.
- Maintain appropriate documentation supporting actuarial assumptions, methodologies and conclusions.
- Promote strong governance and control within the actuarial function.
- Data, Modelling & Analytics:
- Strengthen the use of actuarial models and analytical tools in business decision-making.
- Ensure integrity, reliability and consistency of data used for actuarial analysis.
- Introduce improved modelling techniques and analytical approaches where appropriate.
- Translate complex actuarial outputs into clear business recommendations for non-technical stakeholders.
- Team Leadership & Capability Building:
- Lead, coach and develop the actuarial team.
- Establish clear performance objectives and technical development plans.
- Build a culture of accuracy, professional excellence and continuous learning.
- Support succession planning and development of actuarial talent within the organisation.
- Key Deliverables:
- Success in this position will be measured by:
- Accuracy and adequacy of actuarial valuations and reserves.
- Effectiveness of pricing and profitability analysis.
- Quality and timeliness of actuarial reports.
- Strength of actuarial risk and capital assessments.
- Compliance with regulatory and professional requirements.
- Quality of actuarial insights supporting strategic decisions.
- Development and performance of the actuarial team.
Requirements
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance or a related quantitative discipline.
- A recognised professional actuarial qualification is required.
- Membership of a recognised actuarial professional body is an advantage.
- Significant professional experience within actuarial services, preferably within the insurance industry.
- Proven experience in actuarial valuation, reserving, pricing, modelling and financial analysis.
- Experience leading or managing an actuarial function or team.
- Strong exposure to insurance risk, capital assessment and regulatory reporting.
- Experience working with senior management and cross-functional stakeholders.
- Core Competencies:
- Technical
- Actuarial Modelling & Valuation
- Insurance Pricing
- Reserving & Liability Assessment
- Financial Modelling
- Risk & Capital Analysis
- Forecasting & Scenario Analysis
- Actuarial Reporting
- Leadership
- Strategic Thinking
- People Leadership
- Commercial Acumen
- Stakeholder Management
- Decision-Making
- Professional Judgement
- Communication & Presentation
- Problem Solving
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