YPP – Project Analyst at African Trade Insurance Agency

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ATI provides political risk and trade credit risk insurance products with the objective of reducing the business risk and cost of doing business in Africa. Our main goal is to help increase investments into our African member countries and two-way trade flows between Africa and the world. We facilitate exports, foreign direct investment into and trade flows within the continent. ATI was launched in 2001 with the financial and technical support of the World Bank and the backing of seven African countries. The African Development Bank recently joined as shareholder and partner by funding countries to join ATI. Since 2003, we have supported over $25 billion worth of trade and investments across the continent, secured an investment grade rating of ‘A’ from Standard & Poor’s, and expanded membership with plans to attract even more African member countries and international financial institutions in the near term.

Job Summary for Young Professional Project Analyst

Reporting to the Chief Risk Officer (CRO) through the Business Portfolio Analyst, the Young Professional Project Analyst, during the 12 months of training, will support the Finance and the Underwriting departments. The Projects Analyst will help with the implementation of IFRS17, risk and business data management, portfolio stress testing and other relevant duties.

The Project Analyst core functions and duties are:

  1. Assist with the maintenance a reliable statistical data base of business and credit limits;
  2. Assist the CRO and CFO to develop a stress-testing model and conduct regular stress tests;
  3. Provide data, analysis and support to external consultants putting IFRS and ERM systems in place;
  4. Support preparation of monthly, quarterly and annual reports as requested by the Finance Department;
  5. Develop a thorough understanding of IFRS 17 requirements from both an actuarial and accounting perspective;
  6. Advise and provide the necessary support on the IFRS 17 implementation project and proactively participate in the implementation of an IFRS 17 tool;
  7. Coach other staff in the use and interpretation of standard actuarial procedures in the risk,  underwriting, claims and finance departments;

Qualifications & Skills

  1. Be a citizen of a member country of ATI;
  2. Be 35 years of age or younger by December 2021;
  3. A Relevant Master’s Degree;
  4. Undergraduate degree in Actuarial Science, Mathematics, Statistics or Econometrics from recognized universities;
  5. 3-4 Years post graduate experience;
  6.  A candidate currently completing certification as Actuary having completed at least 3 papers of the process will be at an advantage;
  7. At least 2 years of actuarial-type work such as supporting IFRS17, actuarial reserving, pricing, or financial modeling in the Financial sector, preferably related to Corporate or Commercial Insurance;
  8. Other combinations of education and experience demonstrating the knowledge, skills, and abilities required to perform the work will also be considered;
  9. Ability to deliver timely, organized and consistent results;
  10. Strong communication and interpersonal skills;
  11. Written and oral English is pre-requisite;
  12. French language proficiency is an added advantage

Click Here to Download Personl History Form

Submit your CV, plus details of your current remuneration package along with details of three referees, Personal History form and Application Letter to  [email protected]
Use the title of the position as the subject of the email

Closing Date : 27 November. 2021


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