Citizen Life Insurance Vacancy Nepal for Actuarial Analyst Position
24th March 2026, Kathmandu
The Citizen Life Insurance Vacancy Nepal announcement has created a strong opportunity for professionals seeking a career in the specialized actuarial field.
Citizen Life Insurance Vacancy
Citizen Life Insurance Company Limited, a prominent player in Nepal’s insurance landscape, has officially opened applications for the position of Actuarial Analyst. This recruitment drive follows the recent “Guideline Related to Actuarial Appointment for Insurers-2024” issued by the Nepal Insurance Authority, which now mandates that every life insurance company maintains in-house actuarial talent.
Vacancy Details
Under the latest Citizen Life Insurance Vacancy Nepal notice, the company is looking to recruit three Actuarial Analysts to join its head office team. This role is pivotal for the company’s financial health, as these analysts are responsible for calculating insurance risks, premiums, and ensuring the long-term solvency of the firm.
- Position: Actuarial Analyst
- Number of Vacancies: 3
- Location: Corporate Office, Kathmandu
- Employment Type: Full-time / Contractual
Educational Qualification Required
The Citizen Life Insurance Vacancy Nepal sets high academic standards to ensure the technical competence of the team. Candidates must meet the following criteria:
Degree: Bachelor’s degree in a relevant field (Mathematics, Statistics, Actuarial Science, or Finance) from a recognized university.
Professional Exams: Applicants must have compulsorily passed at least three actuarial professional exams from internationally recognized bodies such as the Institute and Faculty of Actuaries (IFoA, UK) or the Society of Actuaries (SOA, USA).
Technical Background: A strong foundation in Actuarial Statistics (CS1) and Actuarial Mathematics (CM1) is highly preferred.
Work Experience and Competencies
To qualify for the Citizen Life Insurance Vacancy Nepal, the company requires specific industry exposure and technical skills:
Experience: Minimum three months of work experience or an internship within the Nepali insurance industry or an actuarial consulting firm.
Software Skills: Advanced proficiency in MS Excel (including modeling and complex formulas), MS Word, and PowerPoint.
Language Proficiency: Excellent written and verbal communication skills in both English and Nepali.
Regulatory Knowledge: Familiarity with Risk-Based Capital (RBC) frameworks and NFRS 17 reporting standards is considered a significant advantage.
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Key Responsibilities of an Actuarial Analyst
While the Citizen Life Insurance Vacancy Nepal notice provides a brief summary, the day-to-day duties of the selected candidates will involve:
Product Pricing: Developing and reviewing premium rates for new and existing life insurance products.
Valuation: Assisting in the periodic actuarial valuation of the company’s liabilities.
Data Analysis: Performing detailed research on mortality, morbidity, and lapse rates to refine risk models.
Regulatory Compliance: Preparing technical reports to ensure the company meets the strict guidelines of the Nepal Insurance Authority.
Financial Forecasting: Modeling various economic scenarios to predict the company’s future financial position.
Application Process and Deadline
Interested and eligible candidates should act promptly to participate in the Citizen Life Insurance Vacancy Nepal recruitment process.
Application Deadline: Chaitra 17, 2082 (March 31, 2026).
Mode of Application: Candidates must send their updated CV, a covering letter, and a recent passport-size photograph to the company’s official human resources email.
Email Address: [email protected] (Please mention “Application for Actuarial Analyst” in the subject line).
Conclusion
The Citizen Life Insurance Vacancy Nepal for the Actuarial Analyst position is a gateway for mathematics and finance enthusiasts to enter a high-demand, high-growth sector. As the Nepal Insurance Authority continues to modernize the industry through mandatory in-house actuarial teams, this role offers not just a job, but a career path toward becoming a Fellow Actuary.
For More: Citizen Life Insurance Vacancy
