Building sustainable wealth throughout Africa is the mission of Coronation, a leading financial services partner. With a 30-year legacy in African banking, Coronation’s founders created a Pan-African platform designed to shape a stronger financial future for the continent. Today, Coronation manages over $1 billion in client assets and is recognized as one of Nigeria’s fastest-growing investment firms. As an Equal Opportunity Employer, Coronation fosters an inclusive environment, embracing diversity across identity, disability, and other legally protected attributes.
Coronation Insurance Plc, a subsidiary of Coronation Group Ltd., delivers a comprehensive suite of general and specialty insurance products tailored for individuals and corporate organizations.
We are hiring for the position below:
Job Title: Head, Actuarial Services
Location: Lagos
Employment Type: Full-time
Key Responsibilities
- Evaluate and recommend insurance solutions that meet complex client requirements.
- Supervise delegated authority agreements and scheme arrangements to ensure adherence to underwriting standards.
- Monitor actuarial team performance against business objectives.
- Apply statistical models to analyze data, validate assumptions, and achieve performance goals.
- Review actuarial assumptions, including mortality and policy surrender risk.
- Provide leadership and mentorship to actuarial team members.
- Deliver expert actuarial insights to support corporate strategy.
- Ensure operational plans comply with regulatory and internal standards.
- Analyze and review loss trends and experience.
- Oversee premium pricing, reserve estimation, and liability assessment.
- Utilize statistical analysis and predictive modeling for pricing and portfolio management.
- Work together on product development and improvements with the underwriting and claims departments.
- Keep an eye on actuarial estimates to ensure that product price and strategy are accurate.
Qualifications & Experience
- A bachelor’s degree in finance, insurance, actuarial science, or a similar discipline.
- Minimum of 10 years’ professional experience in actuarial or related financial services roles.
- Professional actuarial certifications are a strong advantage.
Skills & Competencies
- Excellent understanding of intricate underwriting circumstances and insurance concepts.
- Ability to apply insurance regulations and compliance standards.
- Proficient in actuarial and statistical modeling tools.
- Skilled in data interpretation, risk analysis, and predictive modeling.
- Excellent communication, stakeholder management, and leadership skills.
- Experience with IFRS 17 is highly desirable.
- Exceptional attention to detail and deadline management.
- Advanced mathematical and analytical abilities.
How to Apply
Interested and qualified applicants should send their CV to: careers@coronationinsurance.com.ng
Use the job title “Head, Actuarial Services” as the subject line of the email.
Application Deadline: 20th June, 2025
To apply for this job email your details to careers@coronationinsurance.com.ng