Eric Ndoria
Eric is a student actuary
currently working at the Insurance Regulatory Authority in Kenya. He loves
using mathematics/science to solve real world problems. Actuarial science was
therefore a very natural choice for him.
Eric is a graduate of JKUAT, Main Campus
with a BSc Actuarial Science degree and the Cass Business School, at City, University of London with an MSc Actuarial Management degree. For his Masters
studies, he obtained a 100% scholarship from the Insurance Regulatory
Authority (worth about $50,000), a scholarship program that awards 5-8 students
each year. Through his actuarial knowledge and skills, he is able to understand
the true underlying elements that affect the stability and security of the
financial system.
Eric has made good progress with
his actuarial professional qualification, having obtained passes/exemptions for
14 out of 15 professional exams under the UK's Institute and Faculty of
Actuaries. On qualifying, Eric will be among the less than 60 qualified
actuaries in East Africa. He also has a keen interest in programming. During
his Masters studies, he started pursuing Machine Learning, seeking to discover
how this can be applied in unlocking new opportunities within financial
services.
During his studies, Eric also
served in various leadership roles. As an undergraduate at JKUAT, he served in
the executive committees of both the Jomo Kenyatta University Actuarial Students'
Association and the Actuarial Students' Society of Kenya. In addition, as a
Masters Student at Cass Business School, he served in the executive committee
of the Actuarial, Insurance, Risk and Quants Society. While serving in these
roles, he took part in organising various initiatives geared at equipping
students with the skills and knowledge needed to successfully transition to
working life. These events include Insurtech/Fintech Forums, Quants workshops,
exam technique training and career guidance sessions.
Eric has had the opportunity of
working in various capacities within the financial services space, including
banking and insurance. In banking he worked in administration and operations,
while in insurance he worked in claims and actuarial. Through these
experiences, he was able to appreciate both the client facing and back office
aspects of business. He is currently working at the Insurance Regulatory
Authority in Life Insurance Supervision. In this capacity, he is able to
understand the overall market dynamics of the insurance sector and the
importance of regulation in developing the financial services industry.
He appreciates the importance of:
- · Putting the end customer at the center of all
work,
- ·
Innnovation and teamwork in driving successful
projects,
- ·
Effective communication among all stakeholders,
- ·
Making informed, high quality decisions in a
timely manner,
- ·
Continuous learning to stay up to date with
market developments.
Eric ultimate goal is to apply
his expertise in fostering a more inclusive financial system in Africa that
better reflects the continent’s way of life. Through this, millions of Africans
will be able to make use of more relevant financial products and services,
thereby raising themselves out of poverty.
In addition to the above, Eric is
passionate about sports, especially tennis, which he plays regularly.
Email: ericndoria@gmail.com
LinkedIn: Eric Ndoria