Risk Assessment Analyst Job Vacancy in Bamenda, Cameroon – Insurance

Job Description

Position: Risk Assessment Analyst

Company: AXA Cameroon

Location: Bamenda, Cameroon

Experience: 3-5 years in risk analysis, insurance or financial services

Education: Bachelor’s degree in Finance, Economics, Actuarial Science or related field

Employment Type: Full-time

Industry: Insurance – Financial Services

Department: Risk Management

Salary: 1,500,000 – 2,500,000 SSP per month

Vacancies:1

Company Overview

AXA is a global leader in insurance and asset management, operating in more than 50 countries worldwide. AXA Cameroon, based in Bamenda, delivers a comprehensive portfolio of life, health, and property insurance solutions tailored to the needs of individuals and businesses across the region. With a strong commitment to innovation, customer centricity, and sustainable development, AXA Cameroon has become a trusted partner for risk protection and financial security. The company’s presence in Cameroon contributes significantly to the local economy, creating jobs, supporting community initiatives, and promoting best practices in risk management. As part of its expansion strategy, AXA Cameroon is actively seeking talented professionals to strengthen its risk assessment capabilities, offering exciting career opportunities for those who aspire to grow within a dynamic, multinational environment.

Job Overview

The Risk Assessment Analyst will play a pivotal role in identifying, evaluating, and mitigating risks associated with AXA’s insurance products and services in Cameroon. Working closely with underwriting, actuarial, and claims teams, the analyst will conduct quantitative and qualitative risk analyses, develop risk models, and provide actionable insights to support strategic decision‑making. This position offers a unique platform to influence the company’s risk appetite, enhance underwriting profitability, and ensure compliance with regulatory standards. For more information, visit our website where you can explore additional Career Opportunities in Cameroon and learn about the hiring process.

Key Responsibilities

• Perform comprehensive risk assessments for new and existing insurance policies, including property, casualty, and health lines.
• Develop and maintain statistical risk models using actuarial techniques and data analytics tools.
• Collaborate with underwriting teams to define risk criteria, pricing guidelines, and policy terms.
• Monitor emerging risk trends, regulatory changes, and market dynamics that could impact AXA’s portfolio.
• Prepare detailed risk reports and presentations for senior management and regulatory bodies.
• Assist in the development of risk mitigation strategies and recommend corrective actions.
• Support the implementation of risk management frameworks and ensure adherence to internal policies.
• Participate in cross‑functional projects aimed at improving data quality, process efficiency, and underwriting profitability.

Required Skills

• Strong analytical and quantitative skills with proficiency in statistical software (e.g., R, SAS, Python).
• Excellent understanding of insurance products, underwriting processes, and actuarial principles.
• Ability to interpret complex data sets and translate findings into clear business recommendations.
• Effective communication and presentation skills, both written and verbal.
• Detail‑oriented mindset with a proactive approach to problem solving.
• Knowledge of Cameroonian insurance regulations and compliance requirements.
• Team player who can collaborate across diverse functional areas.

Education

A minimum of a Bachelor’s degree in Finance, Economics, Actuarial Science, Mathematics, or a related discipline is required. Advanced certifications such as CFA, FRM, or actuarial qualifications are highly desirable and will be considered an advantage during the selection process.

Experience

Applicants should have 3‑5 years of professional experience in risk analysis, insurance underwriting, actuarial work, or financial services. Prior experience within an international insurance firm or exposure to the African insurance market will be viewed favorably.

Salary

The compensation package ranges from 1,500,000 to 2,500,000 SSP per month, commensurate with experience, qualifications, and performance. The package includes performance‑based bonuses, health insurance, and a pension scheme aligned with AXA’s global standards.

Benefits

• Comprehensive health and dental coverage for employees and dependents.
• Retirement savings plan with employer contributions.
• Annual performance bonus linked to individual and company results.
• Professional development allowance for certifications and training.
• Flexible working hours and remote work options where applicable.

Training

• On‑boarding program covering AXA’s risk management framework and corporate culture.
• Access to AXA’s global learning platform for continuous skill enhancement.
• Mentorship from senior risk managers and actuaries.
• Opportunities to attend industry conferences and workshops across Africa and Europe.

Working Environment

AXA Cameroon offers a collaborative, inclusive, and innovative workplace located in the heart of Bamenda’s business district. Employees benefit from modern office facilities, state‑of‑the‑art technology, and a culture that encourages knowledge sharing and continuous improvement. The company promotes work‑life balance and values diversity, ensuring that every team member feels respected and empowered to contribute their best.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online application portal on the AXA Careers page. Applications will be reviewed on a rolling basis, and shortlisted candidates will be invited for a virtual interview followed by an on‑site assessment in Bamenda. AXA Cameroon is committed to a transparent recruitment process and will keep applicants informed at each stage.

Equal Opportunity Statement

AXA Cameroon is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, age, disability, ethnicity, religion, or sexual orientation. Our hiring practices reflect our dedication to fairness, and we encourage qualified candidates from all backgrounds to apply for this exciting opportunity.