HEAD, ACTUARIAL FUNCTION AT VERITAS KAPITAL ASSURANCE PLC | ACTUARIAL JOBS IN LAGOS

About Company:

Veritas Kapital Assurance Plc formerly known as UnityKapital Assurance Plc was incorporated in 1973 as a private liability Company under the name, Kano State Insurance Company.

The company was registered as a general business company; this move was endorsed and approved by the National Insurance Commission (NAICOM) and offers non-life Insurance products and services to individuals and institutions across Nigeria.

Job Description:

• Lead the Company's actuarial function by providing independent oversight of reserving, pricing, capital adequacy, solvency, and risk management. Drive regulatory compliance, IFRS 17 reporting, and strategic actuarial advice that supports sound business and capital decisions.

Key Responsibilities

• Lead actuarial reserving, pricing, and capital management.
• Ensure compliance with NAICOM regulations and IFRS 17.
• Provide independent actuarial advice to the Board and Executive Management.
• Support product development, reinsurance, and enterprise risk management.
• Oversee statutory reporting and lead the actuarial team.

Requirements:

• Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related quantitative discipline.
• 7-10 years' actuarial experience, including at least 5 years in a senior leadership role.
• Fellowship of a recognised actuarial body (FIAN, FIA, FASSA, FSA or equivalent) is an added advantage.
• Strong expertise in statutory valuations, IFRS 17, capital management, and regulatory reporting.
• Key Skills: Actuarial Expertise, Financial Analysis, Risk Management. Insurance Knowledge, Regulatory Knowledge, Data & Technology, Strategic Thinking, Leadership, Communication and Governance & Integrity

Salary

Application Closing Date: 12th September, 2026

Application Instructions:

Candidates should send their CV to: careers@veritaskapital.com using the Job Title as subject of the email