Actuarial Manager - Systems and Reporting

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 seeking a forward-thinking Actuarial Manager – Systems and Reporting to lead the automation, systemization, and continuous improvement of actuarial reporting processes across our Life and General Insurance entities. This is a pivotal role for a technically strong actuary who thrives at the intersection of systems, modelling, and financial reporting. You will champion actuarial efficiency, ensure IFRS 17 compliance, and strengthen the integrity and consistency of actuarial reporting across the Group.
 

Key Responsibilities

Lead IFRS 17 Systemization and Reporting

• Champion automation and systemization of IFRS 17 actuarial reporting processes for Life and General Insurance entities.
• Collaborate with Finance and IT to streamline data integration between actuarial and accounting systems.
• Maintain and enhance actuarial system configurations, assumptions, and methodologies to ensure compliance with IFRS 17 standards.
• Validate actuarial outputs for accuracy, completeness, and audit readiness.
• Drive continuous system improvement and oversee upgrades and enhancements.

Actuarial Modelling and System Development

• Develop and maintain efficient, well-documented actuarial models used for reserving, pricing, and projections.
• Lead automation initiatives to improve actuarial data management and reporting efficiency.
• Integrate actuarial models into enterprise platforms and dashboards.
• Establish governance, version control, and quality assurance for actuarial systems and models.

Cross-Functional Collaboration

• Partner with subsidiary actuarial teams to align methodologies, assumptions, and model configurations.
• Work closely with Group Finance, Risk, and IT to embed actuarial systems into wider Group processes.
• Provide mentorship, training, and technical guidance on model governance and system best practices.
• Actively contribute to Group Actuarial governance and continuous improvement forums.

Governance, Risk, and Compliance

• Ensure actuarial models and reports comply with Group policies, professional standards, and regulatory requirements.
• Maintain comprehensive documentation of actuarial methodologies and assumptions.
• Support internal and external model validation and implement improvement recommendations.

Who We’re Looking For

Qualifications

• Bachelor’s degree in Actuarial Science, Statistics, Mathematics, or a related quantitative discipline.
• Qualified or near-qualified actuary (IFoA, SOA, ASSA, or equivalent).
• 6–8 years of actuarial experience, including at least 3 years in a Life or General Insurance environment.
• Demonstrated experience in IFRS 17 implementation, actuarial modelling, and systemization.
• Solid understanding of actuarial software (Prophet, MoSes, AXIS, or equivalent) and data tools (SQL, Python, Power BI).
• Strong grasp of insurance financial reporting and reserving methodologies.

Key Competencies

• Technical Excellence: Advanced analytical, modelling, and problem-solving skills with a strong systems orientation.
• Innovation Mindset: Passion for automation, digital transformation, and continuous improvement.
• Stakeholder Influence: Ability to collaborate effectively with Finance, Risk, and IT teams across multiple jurisdictions.
• Strategic Thinking: Capacity to link actuarial insights to business outcomes and decision-making.
• Integrity & Accuracy: Commitment to precision, auditability, and governance standards.
• Leadership & Mentorship: Willingness to guide and upskill teams in actuarial systems and processes.
• Resilience & Agility: Comfortable working in a dynamic environment with evolving regulatory and business needs.

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 through CIC Careers clearly indicating the position being applied for.


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

Preference will be given to candidates who are available to join within a short notice period.