Senior Actuarial Analyst job at APA LIFE ASSURANCE COMPANY LIMITED
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Senior Actuarial Analyst
2026-02-23T13:59:13+00:00
APA LIFE ASSURANCE COMPANY LIMITED
https://cdn.greatkenyanjobs.com/jsjobsdata/data/employer/comp_8253/logo/APA%20Life%20Assurance%20Company%20Ltd.png
FULL_TIME
Nairobi
Nairobi
00100
Kenya
Healthcare
Accounting & Finance, Science & Engineering, Business Operations
KES
MONTH
2026-02-28T17:00:00+00:00
8

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

  • Pricing of new individual and group life products, ensuring alignment with profitability, competitiveness, and regulatory standards.
  • Enhance pricing tools and profitability testing models.
  • Develop bespoke schemes for corporate clients, affinity groups, and pension providers.

Budgeting & Strategy Actuarial Inputs

  • Provide Actuarial results towards IFRS 17 Budgets and assist in five-year business planning with actuarial projection models. Work closely with the Finance team to ensure these processes are a success.

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 Excel Skills, VBA, Python, R, PowerBI).
  • 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: 10 papers).

Experience

  • Minimum 8 years actuarial experience in life insurance. Experience leading analysts will be an added advantage.
  • Strong experience in IFRS 17 valuation and reporting.
  • Experience in calculating VIF, VNB and Embedded Value.
  • Understanding of Asset-Liability Management Process.
  • 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.
  • Perform periodic claims experience analyses to guide pricing, reserving assumptions, and give recommendations for management actions.
  • Run capital adequacy assessments under local solvency regulations. Produce Capital Adequacy reports with recommendations to management.
  • Pricing of new individual and group life products, ensuring alignment with profitability, competitiveness, and regulatory standards.
  • Enhance pricing tools and profitability testing models.
  • Develop bespoke schemes for corporate clients, affinity groups, and pension providers.
  • Provide Actuarial results towards IFRS 17 Budgets and assist in five-year business planning with actuarial projection models. Work closely with the Finance team to ensure these processes are a success.
  • Proficient in actuarial modelling tools (e.g. Basys, RiskIntegrity, Advanced Excel Skills, VBA, Python, R, PowerBI).
  • Advanced analytical skills and business insight.
  • Familiarity with Power BI or other dashboarding tools is a plus.
  • 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.
  • Bachelor’s degree in actuarial science or related field.
  • A master’s degree in actuarial management will be an added advantage.
  • Progress toward actuarial qualification (minimum: 10 papers).
bachelor degree
96
JOB-699c5d31b26cb

Vacancy title:
Senior Actuarial Analyst

[Type: FULL_TIME, Industry: Healthcare, Category: Accounting & Finance, Science & Engineering, Business Operations]

Jobs at:
APA LIFE ASSURANCE COMPANY LIMITED

Deadline of this Job:
Saturday, February 28 2026

Duty Station:
Nairobi | Nairobi

Summary
Date Posted: Monday, February 23 2026, Base Salary: Not Disclosed

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JOB DETAILS:

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

  • Pricing of new individual and group life products, ensuring alignment with profitability, competitiveness, and regulatory standards.
  • Enhance pricing tools and profitability testing models.
  • Develop bespoke schemes for corporate clients, affinity groups, and pension providers.

Budgeting & Strategy Actuarial Inputs

  • Provide Actuarial results towards IFRS 17 Budgets and assist in five-year business planning with actuarial projection models. Work closely with the Finance team to ensure these processes are a success.

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 Excel Skills, VBA, Python, R, PowerBI).
  • 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: 10 papers).

Experience

  • Minimum 8 years actuarial experience in life insurance. Experience leading analysts will be an added advantage.
  • Strong experience in IFRS 17 valuation and reporting.
  • Experience in calculating VIF, VNB and Embedded Value.
  • Understanding of Asset-Liability Management Process.

Work Hours: 8

Experience in Months: 96

Level of Education: bachelor degree

Job application procedure

Click Here to Apply Now

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: Saturday, February 28 2026
Duty Station: Nairobi | Nairobi
Posted: 23-02-2026
No of Jobs: 1
Start Publishing: 23-02-2026
Stop Publishing (Put date of 2030): 10-10-2076
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