Assistant Manager- Actuarial
AI summary
APA Life Assurance Company Ltd is hiring an Assistant Manager- Actuarial in Nairobi to lead IFRS 17 valuation, statutory reporting, capital modelling, and life insurance pricing. The role requires a bachelor's degree in actuarial science, progress toward actuarial qualification, and at least eight years of life insurance experience. Candidates should apply via the Apollo Group recruitment portal.
- Senior actuarial role in life insurance based in Nairobi
- Owns IFRS 17 valuation, statutory filings, and capital adequacy reporting
- Requires 8+ years actuarial experience and progress toward qualification
- Apply online via apollogrouprec.peopleshr.com
AI job guide
Use this guide to check salary signals, requirements, documents, application steps and safety before you apply.
AI salary guide
Not enough public dataNot enough public salary data is available for this exact role. Before applying, prepare to ask about gross pay, benefits, contract length, probation period, transport and any allowances.
Can you qualify for this role?
- Required8+ years of relevant experienceThe job post includes a minimum experience signal.
- RequiredEducation or certification mentioned in the postThe captured text mentions education, a diploma, certificate, or licence.
- PreferredPractical evidence in internship, finance, actuarialThe tags and summary point to skills connected with this role.
- RequiredAvailability to work in Not specifiedThe vacancy is associated with this location.
- UnclearComfort with the Full Time contract termsConfirm hours, duration, probation and benefits at the original source.
Documents to prepare
- Likely requiredUpdated CV
- Role specificCover letter or short employer message
- OptionalProfessional references
- Role specificAcademic or professional certificates
- VerifyID or passport only after verifying the employer
Application tips for this job
- Place your strongest Assistant Manager- Actuarial evidence in the first half of your CV.
- In your cover letter or employer message, connect your experience to APA Life Assurance Company Ltd and the role in Not specified.
- Add concrete examples related to internship, finance, actuarial, ideally with measurable outcomes or clear responsibilities.
- Follow the instructions from MyJobMag Kenya; avoid sending documents to unofficial contacts or copied links.
- Confirm the deadline, interview location and employer contact before sharing personal documents.
- Prepare a polite question about pay, benefits and contract terms for later interview stages.
Source and safety check
- MyJobMag Kenya
- Original source link available
- Application method is clear
- Deadline not specified
- No major risk signal was detected in the captured text.
Never pay for interviews, shortlisting, medical checks, uniforms, or job placement. Confirm every application at the original source before sharing personal documents. Report suspicious listing.
Interview preparation
- What experience makes you a strong fit for this Assistant Manager- Actuarial role in internship, finance?
- How have you handled responsibilities similar to those in this job post?
- Are you available to work in Not specified under the listed contract or schedule?
- Prepare examples with clear responsibilities, tools used and measurable outcomes.
- Review the source and research APA Life Assurance Company Ltd before the interview.
Ask what the first priorities will be in the role and how success will be measured.
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Original source description
Never pay for any notarisation, certificate or assessment as part of any recruitment process. When in doubt, contact us Apollo Group (Apollo Investments Limited)was an idea born from the need to harness synergies across the insurance business. Built on commitment, integrity and innovation, it has risen to be one of the leading financial groups in East Africa. Apollo Investments Limited (AIL) includes APA Insurance (Kenya and Uganda). It underwrites General Insurance risks ... Assistant Manager- Actuarial Job Type Full Time Qualification BA/BSc/HND , MBA/MSc/MA Experience: 8 years Location Nairobi Job Field Insurance 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 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: 10 papers). Experience: Minimum 8 years actuarial experience: in life insurance. Strong experience: in IFRS 17 valuation and reporting. Experience: in calculating VIF, VNB and Embedded Value. Understanding of Asset-Liability Management Process. Check how your CV aligns with this job Method of Application Interested and qualified? Go to APA Life Assurance Company Ltd on apollogrouprec.peopleshr.com to apply Build your CV for free. Download in different templates.