CIC Insurance Company Tech Stack

Pan-African insurer scaling actuarial automation and compliance infrastructure

Financial Services Nairobi 1,001–5,000 employees Founded 1968 Public Company

CIC Insurance is a 1,000+ employee public insurer operating across Kenya, Uganda, South Sudan, and Malawi with a 55-year history in cooperative and micro-insurance. The tech stack—Python, SQL, Prophet, Power BI—is heavily weighted toward analytics and reporting, matching their dominant project focus: IFRS 17 systemization, actuarial model automation, and enterprise risk frameworks. Hiring velocity is decelerating while pain points cluster around compliance automation and process standardization, suggesting a consolidation phase rather than rapid scaling.

Tech Stack 13 technologies

Core StackPython Power BI Adobe Illustrator Adobe Photoshop Adobe InDesign Adobe Premiere Pro Figma Excel Prophet SQL Adobe After Effects Final Cut Pro DaVinci Resolve

What CIC Insurance Company Is Building

◆Challenges

Automating actuarial models
Cost management initiatives
Ensuring product quality before release
Call centre reachability
Automating ifrs 17 reporting
Systemizing actuarial reporting processes
Ensuring ifrs 17 compliance
Cost containment
Improving risk management framework
Ensuring compliance with iso standards

▲Active Projects

Cost management initiatives
Automating ifrs 17 reporting processes
Integrating actuarial models with group reporting platforms
Ifrs 17 systemization and reporting
Automation of actuarial data management
Training program for financial advisors
Training strategy development
Enterprise risk management framework development
Business continuity management framework implementation
Digital underwriting initiatives

Hiring Activity

Decelerating15 roles · 4 in 30d

Department

Finance

Design

Healthcare

Insurance

Data

Engineering

Executive

Seniority

Junior

Senior

Manager

C-Level

Lead

Mid

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About CIC Insurance Company

CIC Insurance Group is a publicly listed African insurer providing general insurance, life assurance, medical insurance, and asset management services across East and Southern Africa. The company operates primarily in Kenya and Uganda, with a heritage in cooperative and micro-insurance segments. Current organizational focus centers on actuarial reporting automation, IFRS 17 compliance infrastructure, and enterprise risk management frameworks—reflecting a maturation of backend processes rather than product innovation. The finance and healthcare hiring mix, paired with decelerating recruitment, indicates they are stabilizing internal operations and compliance posture.

HeadquartersNairobi

Company Size1,001–5,000 employees

Founded1968

Hiring MarketsKenya, Uganda

Frequently Asked Questions

What technology does CIC Insurance use for data and reporting?

CIC uses Python, SQL, Prophet, Power BI, and Excel for analytics, modeling, and business intelligence. The stack reflects a focus on financial reporting and actuarial computation.