Actuarial Assistant - Systems and Reporting
About the job
- A bachelor's degree in Actuarial Science, Statistics, Mathematics, or a related field is required.
- Zero to two years of actuarial experience is required; internship or graduate trainee experience is acceptable.
- Progress toward actuarial exams through IFoA, SOA, ASSA, or an equivalent organization is an advantage.
- Proficiency in Microsoft Excel is required.
- Familiarity with SQL, Python, or Power BI is desirable.
- Strong numerical aptitude, problem-solving skills, and attention to detail are required.
- Candidates should be analytical, curious, and eager to learn new systems and actuarial tools.
- Strong teamwork and communication skills are required.
- A high level of accuracy and accountability is required.
- Candidates should demonstrate initiative and adaptability in a fast-evolving environment.
- 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.
- Maintain 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.
- Progress toward actuarial exams through IFoA, SOA, ASSA, or an equivalent organization.
- Familiarity with SQL, Python, or Power BI.
About the company
CIC Group is a East African insurance and financial services group. It provides general insurance, life insurance, health coverage, asset management, and related financial products through operating companies. The group serves individuals, families, businesses, cooperatives, and institutions across its regional markets. Its model combines underwriting and actuarial work with claims, clinical review, investments, distribution, customer service, technology, finance, risk, and compliance. Work spans actuarial, underwriting, claims, nursing review, investments, software, client service, sales, and operations.
Company Size
1-10
Company Stage
N/A
Total Funding
N/A
Headquarters
Betim, Brazil
Founded
2002
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Simplify's Take
What believers are saying
- July 30, 2026 results showed €3.6 billion revenue and €945 million net income.
- Loans reached €264.6 billion and deposits €230.4 billion at June 30, 2026.
- Equity reached €23.0 billion, giving CIC room for lending and product expansion.
What critics are saying
- Cost of risk jumped 37% to €292 million in H1 2026, pressuring profits.
- Corporate and institutional banking revenue fell 1.6%, exposing dependence on retail banking.
- Customer loans exceeded deposits by €34.2 billion, increasing wholesale funding dependence.
What makes CIC Group unique
- CIC serves 5.8 million customers across 1,500 French branches and 36 countries.
- July 2026 retail banking revenue rose 11.5%, proving network scale still monetizes.
- CIC combines retail banking, institutional banking, insurance, and remote surveillance on one platform.
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