Amarachi Grace Uchendu
Actuarial Analyst
Berlin
Summary
Number-savvy Actuarial Analyst with strong communication, quantitative and analytical skills. Expertise in assessing risks with policies and analyzing insurance rates. A 9-year background in Life insurance analysis and data manipulation techniques. Proficiency with databases, programming languages and spreadsheets.
Overview
7
7
years of professional experience
3
3
years of post-secondary education
6
6
Certifications
Work History
Valuation Actuary
Munich Reinsurance Company
5 2022 - 04.2024
- Documented and tested functional requirements for the central system landscape (e.g SAP FPSL) that was being developed to produce IFRS17 figures for Life and Health Reinsurance.
- Supported in establishing regression testing e.g providing test cases and performing tests.
- Supported result analysis and management presentations in terms of evaluation of the functionality as well as quality of financial figures from transition to IFRS17 and in subsequent measurement by comparison against reference tools.
- Worked closely with the Development Team (within Central Life Reserving) which implement and establish a group-wide consistent reserving process and platform under IFRS17.
Principal Actuarial Analyst
AIICO Insurance
12.2019 - 11.2021
- Supervision and coordination of Group Life technical and related analyses on a monthly basis.
- Coordination and review of monthly data clean up for Retail/Individual Life Products.
- Coordination and review of monthly reserve movements and quarterly analysis of change reserves for the Life Business.
- Preparation of monthly reports for the Technical Committee and
- Preparation of quarterly board reports for the Life Business
Actuarial Specialist
Old Mutual Life Assurance Company
12.2017 - 12.2019
- Manipulation and analysis of large datasets as well as drawing inferences post-analysis.
- Preparation of actuarial reports
- Advising stakeholders on group life insurance pricing.
- Quality Assurance of technical output of other departments
Senior Actuarial Associate
H.R Limited(Acquired By Ernst & Young)
11.2014 - 11.2017
- Evaluated adequacy and competitiveness of current pricing models for life insurance products.
- Ascertained premium rates required and cash reserves and liabilities necessary to pay future benefits.
- Gained extensive knowledge in data analysis and reporting.
- Maintained financial analyses, reports and calculations.
Actuarial Intern
African Reinsurance Corporation
10.2014 - 11.2014
- Assisted other departments with special projects as requested such as reinsurance underwriting for various insurance companies home and abroad.
Education
B.Sc - Actuarial Science
University of Lagos
Lagos,Nigeria 12.2008 - 05.2012
Skills
- Microsoft Excel
Microsoft Word
Microsoft Access
PowerPoint
Prophet
SQL
R-programming
PowerQuery
PowerBi
Python
Azure Devops
Languages
English
Certification
CM1 - Actuarial Mathematics (Institute & Faculty of Actuaries,UK)
Timeline
CB3- Business Management (Institute & Faculty of Actuaries,UK)
03-2021
VEE Economics - Micro & Macro Economics( Society of Actuaries, USA)
06-2020
Principal Actuarial Analyst
AIICO Insurance
12.2019 - 11.2021
CB1- Business Finance (Institute & Faculty of Actuaries,UK)
07-2018
Actuarial Specialist
Old Mutual Life Assurance Company
12.2017 - 12.2019
CM1 - Actuarial Mathematics (Institute & Faculty of Actuaries,UK)
12-2015
CS1- Actuarial Statistics (Institute & Faculty of Actuaries, UK)
07-2015
Stage 1 - Professionalism Course (Institute & Faculty of Actuaries, UK)
01-2015
Senior Actuarial Associate
H.R Limited(Acquired By Ernst & Young)
11.2014 - 11.2017
Actuarial Intern
African Reinsurance Corporation
10.2014 - 11.2014
B.Sc - Actuarial Science
University of Lagos
12.2008 - 05.2012
Valuation Actuary
Munich Reinsurance Company
5 2022 - 04.2024
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