ACTUARIAL ASSISTANT

About Us

CIC Insurance Group is a leading insurance and financial services organisation with more than five decades of experience helping individuals, families, and organizations achieve financial security.

We have grown into a dynamic Group offering life, general, micro insurance, asset management, and investment solutions, with operations in Kenya, Uganda, South Sudan, and Malawi, and are listed on the Nairobi Securities Exchange.

Our tagline, “We Keep Our Word,” reflects our unwavering commitment to integrity, transparency, and delivering on our promises to our clients, partners, and communities.

CIC Group is passionate about innovation, digital transformation, and inclusive insurance solutions that meet the evolving needs of cooperatives, SMEs, corporates, and individuals. By joining us, you will be part of a team that is shaping the future of financial protection across Africa.

About the Role

We are looking for an enthusiastic Actuarial Assistant to provide support in financial analysis related to the valuation of the actuarial liabilities, pricing of new products, monitoring the performance of existing products, financial projections and market intelligence through industry analysis. This entry-level opportunity is ideal for a motivated actuarial graduate eager to build a strong foundation in actuarial systems, modelling, and data analytics in a collaborative and innovative environment.

Key Responsibilities

• Assist in preparing and validating data for actuarial modelling and reporting.
• Support the execution and testing of actuarial models under the guidance of the Actuarial Analyst and Manager.
• Support in maintaining documentation of assumptions, methodologies, and model configurations.
• Participate in model automation, process testing, and improvement initiatives.
• Contribute to regular actuarial reporting tasks, including reconciliations and data checks.
• Provide general analytical and technical support to the Group Actuarial team.

Who We’re Looking For

Qualifications

• Bachelor’s degree in Actuarial Science, Statistics, Mathematics, or a related field.
• 0–2 years of actuarial experience (internship or graduate trainee experience acceptable).
• Progress toward actuarial exams (IFoA, SOA, ASSA, or equivalent) is an advantage.
• Proficiency in Microsoft Excel; familiarity with SQL, Python, or Power BI is desirable.
• Strong numerical aptitude, problem-solving skills, and attention to detail.

Key Competencies

• Analytical, curious, and eager to learn new systems and actuarial tools.
• Strong teamwork and communication skills.
• High level of accuracy and accountability.
• Demonstrates initiative and adaptability in a fast-evolving environment.

Why Join Us?

This is a unique opportunity to shape how actuarial systems and reporting evolve across a diversified insurance Group. You will work on advanced actuarial technology, collaborate across countries and business lines, and influence how automation and analytics strengthen financial integrity at Group level. If you are passionate about combining actuarial expertise with systems innovation, we’d love to hear from you.

If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply by clearly indicating the position being applied for.

Applications will be reviewed and interviews conducted on a rolling basis; until available positions are filled.

N/B: This job advert is open to both internal and external candidates.

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