Insurance sector offers huge job opportunities as Ghana faces actuarial skills shortage — GIU Rector
The insurance industry offers significant employment opportunities for young people, particularly in specialised fields such as actuarial science and statistics, Rector of the Ghana Insurance University College (GIU), Dr Richard Okyere, has said. He urged WASSCE graduates and other young people with strong interests in mathematics, data and analytical work to consider careers in insurance, saying the sector continues to face a shortage of skilled professionals. Dr Okyere said Ghana’s low insurance penetration also presented considerable room for growth, creating opportunities for professionals who can help expand the industry and manage increasingly complex financial risks. “Low insurance penetration implies huge opportunity to grow with high demand for manpower,” he said. He made the comments while speaking about the admission process and programmes offered by GIU, which was inaugurated earlier this year as a higher education institution focused on developing professionals for Ghana’s insurance and financial sectors. Dr Okyere said GIU has a distinctive advantage because it is owned by players in the insurance industry, allowing it to maintain a direct link between professional practice and academic training.