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Junior Product ActuaryNew!

Category

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Employment Type

Full-time

Location

Kampala, Uganda

Vacancies

1 position

Closing Date

10/31/2026
6 days left

Employer / Company

UAP Old Mutual Insurance logo
UAP Old Mutual Insurance
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Description (Public)

UAP Old Mutual Uganda is seeking a Junior Product Actuary to serve as the local actuarial focal point for product-related activities, managing and validating product data, supporting pricing and analysis and coordinating local product documentation and regulatory submissions.

Duties, Roles and Responsibilities

  • Coordinate local data collection and validation for product pricing and performance monitoring in Uganda
  • Run pricing models and calculators for Uganda product initiatives under guidance from the Senior Actuarial Assistant and EA Product Actuary
  • Support preparation of Uganda-specific product approval documentation, including internal approval packs and regulatory submissions
  • Assist the Actuarial Manager with incorporating product changes into valuation and IFRS17 processes where relevant
  • Document local processes and contribute to building a sustainable Uganda product actuarial knowledge base
  • Produce or support local product performance MI in line with East Africa standards
  • Act as a key link between local and regional actuarial teams
  • Ensure adherence to Compliance, Anti-Money Laundering (AML) and Sanctions-related policies, including customer due diligence and KYC standards

Qualifications, Education and Competencies

Qualifications & Experience:

  • Degree in Actuarial Science, Statistics, Mathematics or a related field
  • Progress in actuarial examinations preferred
  • 0-3 years' actuarial or analytics experience; Uganda insurance or pensions experience advantageous

Skills & Competencies:

  • Strong data handling and analytical skills
  • Good communication skills and a collaboration mindset
  • Comfortable operating in a matrix reporting environment (regional and local)
  • Proactive learner, able to work with evolving processes

How to Apply

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