Actuarial Analyst | APA Life Assurance Company Jobs Nairobi

Actuarial Analyst

Role Overview

This role sits at the core of life insurance decision-making, translating data into insight across valuation, pricing, capital, and strategy. You will support IFRS 17 reporting, solvency assessments, and product pricing while strengthening actuarial models that guide long-term business performance.

Key Responsibilities

• Support IFRS 17 valuation processes and preparation of related disclosures
• Assist with statutory actuarial filings in line with IRA requirements
• Prepare management actuarial reports including VNB, VIF, and Embedded Value metrics
• Work with finance teams to align actuarial outputs with budgets and monthly closes
• Perform claims experience analyses to inform pricing and reserving assumptions
• Run capital adequacy assessments under local solvency regulations
• Contribute to capital adequacy reports with management recommendations
• Price new individual and group life products for profitability and compliance
• Enhance actuarial pricing tools and profitability testing models
• Provide actuarial inputs for IFRS 17 budgets and five-year business plans
• Support strategic planning through actuarial projection modelling

Qualifications

• Bachelor’s degree in Actuarial Science or related field
• Progress toward actuarial qualification (minimum 6 exam papers)
• Minimum 4 years’ actuarial experience, preferably in life insurance
• Exposure to IFRS 17 valuation and reporting is an advantage
• Experience with VIF, VNB, and Embedded Value calculations is an advantage
• Strong understanding of Asset-Liability Management
• Proficiency in actuarial tools and analytics (Excel, VBA, Python, R, Basys, RiskIntegrity)
• Strong analytical skills, attention to detail, and ability to manage multiple deadlines

How to Apply

Apply via APA Life Assurance Company Ltd on www.apainsurance.org.