Actuarial Analyst at APA Life Assurance Company Ltd

in Actuarial Science
Full Time
Nairobi, Kenya
October 9, 2026

Job Overview

  • Date Posted
    October 9, 2026
  • Location
    Nairobi, Kenya
  • Expiration date
    December 8, 2026
  • Experience
    5+ Years
  • Gender
    Both
  • Qualification
    Bachelor Degree

Job Description

KEY PRIMARY RESPONSIBILITIES

 Financial & Regulatory Reporting

  • Production and review of IFRS 17 valuation results and associated disclosures.
  • Production and Review of statutory filings in accordance with Insurance Regulatory Authority (IRA), and Management Reports for internal consumption (VNB, VIF, EV, etc).
  • Collaborate with finance to align actuals vs budget and improve monthly close efficiency.

Experience Monitoring

  • Perform periodic claims experience analyses to guide pricing, reserving assumptions, and give recommendations for management actions.

Capital Modelling

  • Run capital adequacy assessments under local solvency regulations. Produce Capital Adequacy reports with recommendations to management. 

 Pricing & Product Development

  • New Product development/Pricing, ensuring alignment with profitability, competitiveness, and regulatory standards.

Budgeting & Strategy Actuarial Inputs

  • Support Budgets and Strategy planning and projections with actuarial input.

ACADEMIC QUALIFICATIONS

  • Bachelor’s degree in actuarial science or related field. A master’s degree in actuarial management will be an added advantage

JOB SKILLS AND REQUIREMENTS

Technical Skills

  • Proficient in actuarial modelling tools (e.g. Basys, RiskIntegrity, Advanced Excell Skills, Excel VBA, Python, R, etc).
  • Advanced analytical skills and business insight.
  • Familiarity with Power BI or other dashboarding tools is a plus.

Behavioural Attributes

  • Strong attention to detail and a commitment to accuracy.
  • Able to manage multiple deadlines and priorities under minimal supervision.
  • Effective communicator—both written and verbal—with stakeholders at all levels.
  • Mentorship mindset and a collaborative team player.

PROFESSIONAL QUALIFICATIONS

Progress toward actuarial qualification (minimum: 8 papers).

EXPERIENCE

  • Minimum 5 years actuarial experience in GI insurance.
  • Strong experience in IFRS 17 valuation and reporting.
  • Understanding of Insurance principles and processes.

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