Fosad Consulting Ltd is a business support services firm with offerings in Human Resource Management, Immigrations and Real Estate Consulting.
We have been mandated by a client of ours, a leading financial institution to bring on board an experienced professional to take on the role of Head, Actuarial Unit. The successful candidate will report to the GM, Technical and Risk Management Division.
He / She will interface with all Sales Business Units, All Underwriting teams and Finance team
The objective of this role is to deliver a broad range of actuarial, financial and risk analysis services to the organisation, proffering rates, solutions and actuarial assumptions for the benefit of the organisation.
Job Description• Financial Reporting (Statutory and Internal).
• Financial Management.
• Risk Management.
• Actuarial Valuation.
• Product Development & Review.
• Experience Monitoring and Analysis.
• Market Report Analysis.
• Data Analysis.
• Rate Review & Giving of Competitive Rates.
• Performance Reviews: Product and Financial.
• Model Validation.
• Strategic Planning and Analysis.
• Reinsurance Program Review.
• Expert Witness Testimony.
Qualifications• Good Bachelor’s Degree, in Actuarial Sciences
• Professional qualification in Actuarial Sciences.
• A minimum of 7 years in Actuarial unit or capacity.
• Must have experience in a managerial or leadership role.
KEY COMPETENCY REQUIREMENTS
• Understanding the customer
Manages customer expectations effectively
• Communication skills
Uses communication skills in a thorough and effective manner to manage own area of responsibility
• Management of Information
Establishes and maintains data and information records which are sufficient for own purposes and which meet company, legal and regulatory requirements.
Treating and Handling personnel records and information with a high level of confidentiality at all times.
• Planning & Organising
Effectively and proactively plans, prioritises and organises caseloads in a way which allows for unexpected events and interruptions.
• People Management
Follow Human Resource policy and processes for issue escalation.
• Commitment to Excel
Challenges self and others to exceed standards and achieve extraordinary results. Is not easily deterred when obstacles or delays are encountered.
• Analysis
Thinks through a situation systematically.
SKILLS AND KNOWLEDGE
Skills
• Communication skills (English), spoken and written (Very Good)
• Mathematical & Analytical Skills (Excellent)
• IT skills ( Very Good)
• Business Writing (Very Good)
• Negotiation Skills (Very Good)
• Presentation skills (Very Good)
Knowledge
• Excellent knowledge of Actuarial practises.
• Good Knowledge of the Insurance business practices.
• Business Ethics.
Additional InformationRemuneration is very attractive.
Top Skills
What We Do
Fosad Consulting is an independent cross-industry HR and Engineering consulting firm. We partner with international and local companies seeking to accelerate the growth of their businesses by providing solutions that drive their businesses to succeed. Our solutions cater to multiple industries, including the oil and gas, financial services, telecommunications, transport, hospitality, healthcare and retail; and our projects are supported by professionals who have proven that they have what it takes to deliver against the odds to delight our clients.
For over 20 years we have provided hands-on solutions to a number of global brands, hence we understand how they work, their expectations, as well as the need to constantly provide services that are top-notch and meet the required global standards.
We are a leading provider of specialist Outsourcing solutions that extend to HR Services, Engineering, Expatriate Management protocols, Procurement, Learning & development interventions, Oil & Gas, and a host of services to some of the world’s most interesting brands.
We are proud members of the Nigerian American Chamber of Commerce – a foremost organisation that seeks to bridge the gap between Nigerian businesses and their counterparts in the United States. We are also registered members of the Networking with the United States of America (NUSA) program; under the auspices of the US Commercial Service initiative in Nigeria.
Part of our commitment to customer service means giving our clients honest, straightforward and, sometimes, even difficult advice. At Fosad we know you can’t afford to get it wrong and that’s why we do everything to make sure you get it right.
