Junior Product Actuary - Uganda

About the role

Old Mutual is hiring a Junior Product Actuary in Uganda to act as the local actuarial focal point for product-related activities. The role manages and validates product data, supports product pricing and analysis, coordinates local product documentation and regulatory submissions, and contributes to building sustainable actuarial product capabilities. It links local and regional actuarial teams so that product initiatives are based on accurate data, sound analysis and regulatory requirements.

Key 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 the guidance of 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 – Uganda in incorporating product changes into valuation and IFRS17 processes where relevant
• Document local processes and help build a sustainable Uganda product actuarial knowledge base
• Produce or support local product performance management information in line with East Africa standards
• Ensure adherence to, implementation of and adoption of AML, sanctions and compliance policies, including customer due diligence, KYC and ongoing due diligence, and escalate breaches to the Risk and Compliance Office

Required profile

• Degree in Actuarial Science, Statistics, Mathematics or a related field
• 0-3 years of actuarial or analytics experience
• Progress in actuarial examinations preferred
• Uganda insurance or pensions experience advantageous
• Comfortable working in a matrix reporting environment (regional and local)

Required skills

• Strong data handling and analytical skills
• Good communication skills and collaboration mindset
• Proactive learner able to work with evolving processes
• Knowledge of analytics, due diligence and enhanced due diligence