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Actuarial Assistant

CIC Insurance Group

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Job at a glance

Employer
CIC Insurance Group
Position
Actuarial Assistant
Location
Nairobi, Kenya
Job type
Full-time
Experience
0–2 years actuarial experience
Education
Bachelor’s degree in Actuarial Science, Statistics, Mathematics or related field
Salary
Not stated in the advert
Application deadline
Open until filled (listed until 11 October 2026)
Posted on VacancyKE
23 September 2026

VacancyKE summary

CIC Insurance Group is hiring an Actuarial Assistant in Nairobi to support financial analysis for liability valuation and product pricing. This entry-level role suits motivated graduates eager to build foundations in actuarial modelling and data analytics.

What stands out about this opportunity

  • Rolling application review process
  • Opportunity to work on model automation and analytics
  • Collaborative environment across multiple African markets
  • Ideal for building foundation in actuarial systems

Key responsibilities

  • Prepare and validate data for actuarial modelling and reporting
  • Execute and test actuarial models under supervision
  • Maintain documentation of assumptions, methodologies, and model configurations
  • Participate in model automation and process improvement initiatives
  • Contribute to regular actuarial reporting, reconciliations, and data checks
  • Provide analytical and technical support to the Group Actuarial team

Who should apply?

Motivated actuarial graduates or those with up to two years of experience seeking to build foundational skills in actuarial systems, modelling, and data analytics within a collaborative insurance group.

Key requirements

  • Bachelor’s degree in relevant quantitative field
  • 0–2 years actuarial experience
  • Proficiency in Microsoft Excel
  • Strong numerical and analytical skills
  • Attention to detail and accuracy
  • Teamwork and communication abilities

Nice to have

  • Progress toward actuarial exams (IFoA, SOA, ASSA, or equivalent)
  • Familiarity with SQL, Python, or Power BI

What you should know

  • Entry-level opportunity ideal for recent graduates
  • Applications reviewed on a rolling basis until positions are filled
  • Work involves collaboration across countries and business lines
  • Focus on advanced actuarial technology and automation

How to apply

  • Apply via the CIC Insurance Group careers portal
  • Clearly indicate the position being applied for
  • Upload Resume/CV and Certificates as one PDF file (max 20 MB)

Official source: From the employer's careers page · careers.cicinsurancegroup.com. VacancyKE never charges job seekers.

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Original employer advertisement

Published by CIC Insurance Group on careers.cicinsurancegroup.com. Shown for reference; the employer’s version is the official one.

The employer’s advert
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.

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Data Protection YES
CIC Insurance Group will be the data controller of your personal data. All data submitted by you will be held securely, will not be passed to 3rd parties (unless required by law) and will not be held longer than the maximum period allowed by law years after the end of the competition for which your application was processed, without your express agreement

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DECLARATION I hereby certify that to the best of my knowledge the details given in this form are correct. I understand that in the event of being offered employment with CIC Insurance Group, any proven falsification or concealment of any material fact in respect of my application may lead to CIC Insurance group withdrawing the offer of employment if employment has not commenced or disciplinary action and dismissal if employment has commenced

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