Job Details

Job Description

Azure Financial Services – Woodlands, Lusaka

Azure Financial Services is offering an Actuarial Internship Program designed for recent graduates who are passionate about risk management, financial modeling, and data-driven decision-making in the financial sector. This program provides hands-on exposure to actuarial practice within a growing financial institution that blends traditional credit solutions with innovative financial technology

Program Overview

The internship is structured to equip interns with both technical skills and business acumen, bridging the gap between classroom learning and real-world applications. Interns will work closely with finance professionals while contributing to projects that directly impact the company’s growth.

Key Learning Areas

Risk Modeling & Analysis: Develop models for credit risk, customer default, and portfolio management.

Financial Mathematics & Valuations: Apply actuarial techniques to pricing, reserves, and product development.

Data Analytics & Research: Use statistical tools (Excel, R, Python) to analyze customer and market data.
Insurance & Pensions Exposure: Gain insight into life contingencies, claims analysis, and pension valuations.

FinTech Integration: Explore how actuarial methods are applied in digital lending, mobile money, and financial innovation.

Responsibilities

Support the product development and finance team in preparing reports, projections, and financial models.

Assist with portfolio monitoring and performance analysis.

Contribute to stress-testing and scenario planning exercises.

Research emerging actuarial and FinTech trends relevant to Zambia’s financial sector.
Collaborate with cross-functional teams on projects involving credit, risk, and digital finance.

Eligibility & Requirements

Currently pursuing or recently completed a degree in Actuarial Science, Mathematics, Statistics, or related field.
Strong quantitative and analytical skills.
Proficiency in Microsoft Excel; familiarity with R, Python, or other statistical software is an advantage.
Keen interest in financial services, risk management, and FinTech innovation.
Strong work ethic, communication skills, and a willingness to learn.

What Interns Will Gain

Practical experience in actuarial work within a financial institution.
Exposure to real-world financial risk management challenges in Zambia.
Mentorship and guidance from professionals in actuarial science and finance.
Networking opportunities and potential career pathways within Azure Financial Services.

Send your CV and cover letter to [email protected]