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Job Description

NICO Life Insurance Company Limited is a leading life insurance services provider in Malawi. providing both Group and Individual Life policies.

NICO Life, an Equal Opportunity Employer, has a vacancy for an Actuarial Specialist, tenable at their Head Office in Blantyre. The successful candidate, who will be responsible for providing actuarial and business support to the company, will undergo a training and development programme which will lead to a progressive career in this field.

Position: Actuarial Specialist

Key Responsibilities:

The incumbent’s key areas of responsibility shall, amongst others, include:

  • Valuation and reporting
  • Experience monitoring
  • Actuarial risk control
  • Capital management
  • Product management
  • Collaboration — Training, development, and mentorship of in-country actuarial environments

Required Skills, Competencies, and Abilities:
  • Strong interpersonal skills to effectively interact and collaborate with Management and functional staff at all levels
  • A self-starter and self-motivated individual, takes initiative and ownership to bring tasks to completion
  • Results driven
  • Analytical logical thinker with good problem-solving skills
  • Ability to work on a wide range of deliverables at the same time
  • Ability to work independently and meet deadlines
  • Good communication skills
  • Flexible
  • Pragmatic
  • Good Ms Office skills (Word, Excel. Power Point. and Access)
  • Previous modelling experience or exposure to Prophet preferable

Qualifications and Experience:

  • A first relevant degree from reputable and recognized university
  • A good understanding of life insurance and pension administration businesses

How to apply

Those interested should send their applications together with comprehensive curriculum vitae and at least three traceable referees to:

Human Resources Manager

NICO Life Insurance Company Limited

P.O. BOX 3044




Closing date for receiving applications is 10th July 2020. Only shortlisted candidates will be acknowledged

Skills Required

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Job Detail

  • Location
  • Company
  • Type
    Full Time
  • Positions
  • Apply Before
    11 Jul, 2020

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