The Young Actuarial Professionals Programme (YAPP) is a two (2) year highly competitive program targeted at High Potential, best-in-class, highly qualified and motivated professionals for a productive and rewarding career path in the Insurance / Reinsurance Industry.
The YAPP serves as a starting point for an exciting career at Africa Re. It offers exceptional career opportunities to talented young professionals in Actuarial Sciences who have exceptional leadership potential, an established record of outstanding academic performance and professional excellence.
About African Reinsurance Corporation (Africa Re)
The African Reinsurance Corporation (Africa Re) is the leading pan – African Reinsurance Company and the largest re-insurer in Africa and the Middle East in terms of net reinsurance written premiums. Africa Re was established on 24th February 1976 by 36 member States of the then Organization of African Unity (OAU) and the African Development Bank (AfDB) with the mission of fostering the development of the insurance and reinsurance industry in Africa, promoting the growth of the national, regional and sub-regional underwriting and retention capacities and supporting African economic ... continue reading
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Young Actuarial Professionals Programme
Aim and Benefits of Young Actuarial Professionals Programme
- The monthly allowance attached to this program is attractive and competitive.
- In addition, candidates selected for the programme will be entitled to free medical care, Life & Accident Cover and accommodation for the entire duration of the programme.
- Africa Re will provide support both in terms of exam fees, study materials and exam study hours toward qualification for a chosen internationally recognized actuarial qualification.
Requirements for Young Actuarial Professionals Programme Qualification
- Be a National of a Member Country of Africa Re
- Bachelor’s or Master’s Degree in Actuarial Science and other related discipline / field with outstanding academic achievements.
- Applicants must be at least 19 years old and not older than 28 years by the date of this advert
- Applicants are expected to have post qualification relevant work experience of between 0 to 3 years in the Actuarial field.
- Applicants that have passed one or more actuarial exams from an internationally recognized actuarial or that have continued their actuarial professional development satisfying the required CPD points over a defined period for their chosen internationally recognized actuarial qualification will be given preference.
- Be fluent either in English or French and a working knowledge of the other language will be an added advantage.
Interview date, Process and Venue for Young Actuarial Professionals Programme
Selection Criteria
- Excellent communication and presentation skills, as well as writing and reporting skills;
- Accuracy and keen attention to detail;
- Problem solving ability and strong analytical skills;
- Fast-learner with ability to multitask;
- Open-minded with results-oriented and innovative mindset;
- Very high integrity and good sense of responsibility;
- Be passionate and committed to the development of Africa;
- A self-starter with ability to work under minimum supervision;
- Good interpersonal skills and ability to work effectively with others in a team environment;
- Be willing to live on the African Continent at the Corporation’s Headquarters in Lagos-Nigeria and in any of our operating locations (Abidjan, Casablanca, Cairo, Mauritius, Nairobi, Johannesburg, etc.);
- Be willing to pursue online professional education until the highest of actuarial professional qualification within a reasonable period;
- Ability to adapt quickly in a challenging and fast-paced multi-cultural environment;
- Be flexible and open to work and embrace digitalization.
- Proficiency in Microsoft Office packages, R, Python, SQL and any other relevant applications / software.
Application Deadline
March 10, 2023
How to Apply
- Interested first class graduates are requested to visit the Africa Re website to fill the YAPP Information Form on https://www.africa-re.com/career and upload their curriculum vitae.
For more details,visit Africa Re website
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