The management of StarLife Assurance Ltd has appointed Mrs Boatemaa Duffuor-Nyarko as the new Chief Actuary and Executive Director of the company.
She is tasked to ensure due diligence in rating and pricing of life insurance products at the executive level and overseeing the actuarial, finance and Investment portfolio of the company.
Mrs Duffuor-Nyarko holds a BSc (Hons) first class degree in Economics from University of Warwick (UK), a Postgraduate Diploma in Actuarial Science with distinction as well as a Master of Science (MSc) in Actuarial Management from Cass Business School, City University (London, UK). She is a Fellow of the Institute and Faculty of Actuaries in the United Kingdom.
Boatemaa is an alumna of the Ghana International School, where she obtained both her ordinary and advanced level certificates, majoring in mathematics, chemistry and biology.
Until her appointment as Chief Actuary at StarLife, she had worked with QED Actuaries and Consultants (Aon Hewitt) in South Africa, where she provided actuarial consulting services for not only South African clients but also those from Zambia, Kenya, Malawi, Mozambique, Namibia, Mauritius and Ghana.
She has had wide exposure in her field, including specialisation in performing Valuations (Gross Premium and Net Premium), premium rating, embedded values, appraisal values, analysis of surplus and projected accounts. She, therefore, has the requisite experience in Actuarial Management.
Mrs Duffuor-Nyarko has been working in the insurance industry for the last nine years in various departments such as marketing, customer service, underwriting, accounts and actuarial departments.