Actuarial Officer

• PositionActuarial Officer
• CompanyNIC Holdings Limited
• LocationKampala
• Job typeNot stated
• Experience2 to 3 years in actuarial, insurance or financial modelling work
• Closing20 November 2026

NIC Holdings Limited was established in 1964 and is an insurance and financial-services provider in Uganda. The group includes NIC General Insurance Company Ltd and NIC Life Assurance Company Ltd. Official organisation website.

Provide actuarial, statistical, and technical support to NIC Life and NIC General, including pricing, reserving, valuation, insurance-risk analysis, reporting, and business planning.

• Support actuarial pricing and development or review of life and general insurance products.
• Assist with technical-provision, insurance-liability, and reserve calculations.
• Analyze claims, mortality, morbidity, lapse rates, loss ratios, and portfolio profitability.
• Assess insurance risks and recommend improvements to underwriting and risk management.
• Conduct analyses supporting reinsurance reviews, negotiations, and retention decisions.
• Prepare actuarial reports and information for financial and regulatory reporting.
• Maintain accurate actuarial data and develop models for forecasting and performance monitoring.
• Provide actuarial inputs to business plans and collaborate with underwriting, finance, claims, risk, and business-development teams.

• Bachelor’s degree in Actuarial Science, Statistics, Mathematics, Applied Mathematics, Economics, or another relevant quantitative discipline.
• At least four papers toward a recognized actuarial qualification; progress toward a professional qualification is advantageous.
• Two to three years of relevant actuarial, insurance, risk-management, or financial-modelling experience.
• Experience with pricing, reserving, valuations, portfolio performance, claims analysis, and regulatory reporting.
• Strong statistical analysis and financial-modelling capability, with actuarial or statistical tools and Excel proficiency.
• Commitment to continuing professional development; recognized professional-body membership is an advantage.

The advert does not state a salary or benefits package.

Email a resume to [email protected] with the subject ‘Ref: Application for Actuarial Officer’. The employer says the application should reach it by Friday, 20 November 2026 at 5 PM; only shortlisted candidates will be contacted.

Applications close on 20 November 2026.

Read the original employer advert.

Email your application

• Checked on 9 November 2026 against NIC Holdings Limited's official advert.
• Closing date confirmed as 20 November 2026. NextRoleHub closes the listing at 23:59 Kampala time that day.
• The application link goes to the employer's own page or email. Applying is free; report anyone who asks for money.
• Work out what an offer pays after PAYE and NSSF with the take-home pay calculator.

• Bank and finance employers usually test applicants before interviews. Our bank jobs guide explains the usual stages and requirements in Uganda.
• Applications go by email, so the subject line and your cover letter are the first things NIC Holdings Limited will see. Attach documents as clearly named PDFs.
• If a gross salary is stated, check your take-home pay after PAYE and NSSF with the free salary calculator. When you are shortlisted, prepare with interview questions and answers for Uganda.