Job Description

JOIN THE LOLC WORLD

Explore the World of LOLC with a Global Mindset

LOLC Life Assurance is the fast-growing Insurance subsidiary of the LOLC Group. With our global expansion, the opportunity exists for dynamic result-oriented candidates to work in a challenging and rewarding work environment under the positions below.

Manager / Senior Manager – Actuarial

About the Role

• We are seeking a highly skilled and experienced professional to join our team as Manager / Senior Manager – Actuarial. The successful candidate will initially lead the implementation and ongoing management of IFRS 17 reporting, working closely with cross-functional teams to ensure accurate, timely, and compliant financial reporting.
• In addition, the role will provide actuarial insights to support strategic decision-making, ensure regulatory compliance, and contribute to the growth, profitability, and long-term sustainability of the insurance business.

Key Responsibilities

• Lead the development and implementation of IFRS 17 requirements, integrating data, actuarial models, and accounting systems for financial reporting and business planning.
• Ensure the accuracy, completeness, and timeliness of actuarial and financial outputs under IFRS 17.
• Provide strategic insights and recommendations to senior management based on actuarial analysis.
• Ensure full compliance with regulatory requirements, actuarial standards of practice.
• Mentor, coach, and guide actuarial team members, fostering a culture of professional development.
• Collaborate with cross-functional teams including Finance, IT, and Operations to support business objectives.
• Monitor and assess industry trends, regulatory developments, and market changes.

Qualifications and Experience

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related discipline.
• Master’s degree in Actuarial Science and/or partly or fully qualified member of an internationally recognized actuarial professional body.
• Minimum 6 – 8 years’ experience in actuarial roles within the life insurance industry.
• Strong knowledge of actuarial modelling, financial reporting, and regulatory frameworks.
• Hands-on experience with actuarial software and related analytical tools.
• Excellent problem-solving and decision-making skills.
• High attention to detail and accuracy with strong communication skills.
• High standards of integrity, accountability, and commitment.

YOU MAY BE THE PERSON WE ARE SEARCHING FOR!

Interested candidates should e-mail us their resumes together with names of 2 non-related referees within 7 days of this advertisement to careers@lolclife.com indicating “Manager / Senior Manager – Actuarial” in the subject line of the e-mail.

LOLC LIFE ASSURANCE