Actuarial and Pricing Analyst
AI summary
AAR Insurance is hiring an experienced Actuarial and Pricing Analyst in Nairobi to support medical insurance pricing, claims analytics, and management reporting. The role involves building rate tables, analysing claims experience, supporting tenders, and improving pricing and analytics processes. Candidates should have a quantitative degree, at least 5 years of health insurance experience, and solid progress in professional actuarial exams.
- Full-time actuarial pricing role in Nairobi
- Requires 5+ years in health or medical insurance pricing
- Degree in Actuarial Science, Statistics or Mathematics
- Solid progress in IFoA, SOA or equivalent exams required
- Advanced Excel, SQL and data visualisation skills needed
- Apply via AAR Insurance careers portal
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?
- Required5+ 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 sales, internship, financeThe 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 Actuarial and Pricing Analyst evidence in the first half of your CV.
- In your cover letter or employer message, connect your experience to AAR Insurance and the role in Not specified.
- Add concrete examples related to sales, internship, finance, 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 Actuarial and Pricing Analyst role in sales, internship?
- 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 AAR Insurance before the interview.
Ask what the first priorities will be in the role and how success will be measured.
Similar jobs to consider
Use AI to apply better
After confirming the original source, use Career Assistant to check role fit, tailor your CV and prepare a cover letter or employer message.
Original source description
- Never pay for any notarisation, certificate or assessment as part of any recruitment process. When in doubt,
- contact us
- AAR Insurance is a licensed financial services provider in Kenya and a member of the Association of Kenya Insurers (AKI) with presence across the country through its intensive branch and broker network.
- Actuarial and Pricing Analyst
- Job Type
- Full Time
- Qualification
- BA/BSc/HND
Experience
- 5 years
- Location
- Nairobi
- Job Field
- Insurance
- About the Job
- I’m looking for an
- Actuarial Analyst to replace Malachi Osoro who recently resigned and is scheduled to exit the company by 23rd September
- Duties &
- Analytics
- Monitor loss ratios, claims frequency and severity across schemes and flag adverse
- early
- Carry out
- reviews, anti-selection analysis and benefit sensitivity testing
- Build provider and scheme claims intelligence, including episode-of-care analysis and peer benchmarking
- Reconcile claims data across multiple sources and funding arrangements
- Reporting and Management Insight
- Produce scheme performance reviews, renewal readiness packs and ad hoc reports
- Maintain dashboards on quote volumes, premiums, loss ratios and pipeline
- Prepare decision-ready decks and written advisories for management and clients
- Data and Systems
- Extract, clean and structure data from claims, membership and finance systems
- Support development, testing and improvement of the department's pricing and analytics platform
- Drive process innovation, including the use of AI to enhance pricing and analytics workflows and surface deeper insight
- Automate recurring pricing and reporting tasks
- Support data integrations across claims and administration systems
- Portfolio and Stakeholder Support
- Support the international medical partner portfolio alongside core local functions
- Work with Underwriting, Business Processing, Sales and Retention to resolve pricing and data queries
- Provide costing and technical input to product development
- Advise the manager on anomalies, risks and areas for improvement
- Perform any other duties as assigned
- Personal Attributes
- QUALIFICATIONS AND
- Degree in Actuarial Science, Statistics, Mathematics or a related quantitative field
- At least 5 years'
- in health or medical insurance pricing and analytics
- Solid progress in professional actuarial examinations (IFoA, SOA or equivalent)
- Strong understanding of medical insurance products, underwriting and claims
- Proven pricing and experience-analysis work in a live insurance environment
- TECHNICAL SKILLS
- Advanced Excel and actuarial or financial modelling
- SQL for data extraction and manipulation
- Python or R for analytics and automation (added advantage)
- Data visualisation and dashboarding (Power BI or similar)
- Comfortable handling large claims and membership datasets
- CORE COMPETENCIES
- Strong analytical and problem-solving ability
- High attention to detail and technical accuracy
- Clear report writing and presentation skills
- Sound commercial judgment
- Works well under pressure and to tight turnaround times
- Dependable team player
- KEY PERFORMANCE AREAS
- Pricing accuracy and turnaround
- Portfolio profitability and loss ratio monitoring
- Quality and timeliness of management reporting
- Renewal and tender support
- Data integrity and analytical rigour
- Check how your CV aligns with this job
- Method of Application
- Interested and qualified? Go to
- AAR Insurance on careers.aar-insurance.com
- to apply
- Build your CV for free.
- Download in different templates.
Responsibilities
- Pricing and Quotations
- Prepare corporate medical quotations and renewal terms using internal pricing models
- Build and maintain rate tables and apply the appropriate loadings and statutory gross-ups
- Analyse claims experience, exposure and benefit changes to inform renewal pricing
- Support tender pricing, including capitation models
- Apply underwriting and discount rules, flag breaches, and route approvals correctly
- Claims and
