Head, Actuarial & Financial Analysis
Company: A Reputable Organization
Location: Accra, Ghana
Employment Type: Full-Time
Application Deadline: 15 April 2026

About the Role

A reputable organization seeks an experienced and strategic Head, Actuarial & Financial Analysis to lead its actuarial and financial oversight function in Accra. In this leadership role, you will drive regulatory analysis, strengthen risk-based supervision frameworks, and provide expert actuarial and financial guidance to senior management and the Commissioner. You will play a critical role in safeguarding financial stability within the insurance sector while ensuring alignment with international best practices.

Key Responsibilities

• Provide strategic leadership and direction for the Actuarial and Financial Analysis Department.
• Develop and implement actuarial, financial, and risk-based supervision frameworks.
• Advise the Commissioner and senior leadership on actuarial and financial matters affecting the insurance industry.
• Support policy formulation, regulatory reforms, and adoption of international standards such as IFRS 17 and risk-based capital frameworks.
• Review insurers’ pricing methodologies, technical provisions, actuarial assumptions, and reserving practices.
• Assess solvency, capital adequacy, stress testing outcomes, and asset-liability management frameworks of insurers and reinsurers.
• Analyze statutory returns, financial statements, and actuarial reports submitted by regulated entities.
• Ensure compliance with prudential requirements relating to reserves, capital, investments, and risk management.
• Lead actuarial input into risk-based supervision systems, early warning frameworks, and financial condition reporting.
• Identify emerging risks, systemic vulnerabilities, and industry trends.
• Support both on-site and off-site supervisory examinations from actuarial and financial perspectives.
• Engage with insurers, auditors, actuarial professionals, and other stakeholders on regulatory and technical issues.
• Represent the organization in technical committees, working groups, and international regulatory forums.
• Mentor and develop team members to strengthen departmental capability and performance.
• Prepare technical reports, policy briefs, and strategic recommendations for management and the Board.
• Support enforcement actions, licensing decisions, and resolution planning where financial weaknesses are identified.
• Ensure strong internal controls, data integrity, and documentation standards in all analyses.
• Perform any other duties assigned in line with departmental objectives.

Key Competencies

• Strong expertise in actuarial modeling, financial risk, and insurance risk management.
• Proven experience in solvency assessment, capital modeling, reserving, and financial reporting.
• Deep understanding of insurance regulation and international supervisory standards.
• Strong knowledge of risk-based supervision frameworks and regulatory environments.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership, people management, and stakeholder engagement abilities.
• High integrity, professionalism, and independent judgment.
• Excellent written and verbal communication skills.
• Proficiency in actuarial and financial analysis tools and software.

Minimum Requirements

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Associate membership of a recognized actuarial professional body (e.g., IFoA, SOA, CAS, AICA, ASSA, or equivalent).
• Minimum of 10 years’ relevant professional experience, including at least 5 years in a senior leadership or managerial role within:
  • Insurance or reinsurance companies, or
  • Insurance regulation or supervision, or
  • Consulting or audit firms with insurance specialization.
• Membership in a relevant accounting or finance professional body will be an added advantage.

How to Apply

Apply online by clicking the application button below.