Law Union & Rock is one of the first generation Insurance Companies to open office in Nigeria six decades ago. We began operations in Nigeria in 1951 as a Chief Agency when the late Sir Mobolaji Bank-Anthony held the power of Attorney for Royal International Insurance Holding, a U.K leading
Insurance Company [the first Nigerian to have such authority].

Job Title: Actuarial Officer
Location: Lagos

Job Description

Detailed understanding of economic, financial, demographic and insurance risks and expertise in:

Developing and using statistical and financial models tinform financial decisions;
Pricing, establishing the amount of liabilities, and setting capital requirements for uncertain future events.
The development and application of models thelp solve complex financial problems
Establishing premiums, policy and claim liabilities, and appropriate capital levels.
Establishing estimates for unpaid claim liabilities, unearned premium and other estimated liabilities (technical reserves) and certifications
Internal modeling, including stochastic asset-liability modeling
Strategic asset management and capital management
Enterprise Risk Management (ERM)
Advising on setting company risk appetite and risk limits
Creation of financial condition reports
Building company risk models
Insurance product premium pricing
Reinsurance program design and management
Underwriting policy definitions
Solvency calculations and reports
Evaluating impact of acquisition on risk profile
Performing stress tests

Qualifications

A first degree, at least a second class upper honours, in Actuary Science, Statistics, Mathematics or any related discipline.
An actuarial professional qualification (or in view) will be an added advantage.

How to Apply
Interested and qualified candidates should send their CV’s to: careers@lawunioninsurance.com

http://jobs.jobstoday.com.ng/2017/06/03/law-union-rock-recruiting-actuarial-officer/

Application Deadline: 13th June, 2017.