Head of Insurance Risk & Analytics

Responsibilties

• Lead the technical pricing, reserving, and risk analysis functions across insurance products.

• Oversee financial forecasting and ensure compliance with regulatory valuation and solvency requirements.

• Guide product development strategy, ensuring alignment with market trends and internal profitability targets.

• Support the implementation and compliance of IFRS 17 reporting standards.

• Conduct experience studies (e.g., claims, persistency, expenses) and recommend strategic assumptions.

• Provide input into reinsurance optimization, capital planning, and business risk models.

• Communicate complex risk and financial insights to executive leadership and the board.

• Liaise with external auditors, regulators, and internal stakeholders to ensure transparency and accuracy in reporting.

Requirements

• Bachelors degree in Actuarial Science, Mathematics, Statistics, or Finance.

• Masters degree is an added advantage.

• Fellowship from a recognized actuarial body (e.g., IFoA, SOA, IAI) and eligibility to sign-off under IRCSL regulations.

• Minimum 10 years of relevant experience in pricing, reserving, and risk analysis.

• Strong knowledge of RBC, IFRS 17, and local regulatory requirements.

• Proficient in Prophet and data tools like Excel, R, or Python.

• Proven leadership and communication skills.