Job in Kenya
Assistant Manager- Actuarial
CountyNairobiCityNairobiContractFull TimePosted2026-09-09Close dateNot specifiedExperience8 yearsSourceJobWeb Kenya
actuariallife insuranceIFRS 17Nairobifull timeassistant managerpricingcapital modellingseniorreportinginternshipfinance
AI summary
APA Life Assurance Company Ltd is hiring an Assistant Manager- Actuarial in Nairobi, Kenya. The role covers IFRS 17 valuation, statutory reporting, capital modelling, pricing of life products, and actuarial budgeting inputs. Candidates need a degree in actuarial science, progress toward actuarial qualification with at least 10 papers, and a minimum of 8 years of life insurance actuarial experience.
- Senior actuarial role in life insurance with IFRS 17, capital modelling, and pricing responsibilities
- Requires minimum 8 years actuarial experience and progress toward actuarial qualification
- Based in Nairobi, Kenya with full-time employment
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 NairobiThe 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 Nairobi.
- Add concrete examples related to internship, finance, actuarial, ideally with measurable outcomes or clear responsibilities.
- Follow the instructions from JobWeb 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
- JobWeb Kenya
- Original source link available
- Application method is clear
- Deadline not specified
- No major risk signal was detected in the captured text.
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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 Nairobi 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
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
- 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
- Minimum 8 years actuarial
- in life insurance.
- Strong
- in IFRS 17 valuation and reporting.
- in calculating VIF, VNB and Embedded Value.
- Understanding of Asset-Liability Management Process.
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).
Source and provenanceSource: JobWeb Kenya. Last checked: 2026-09-17.Kazi Connect is a job discovery service, not the employer. Always confirm the vacancy at the original source.Summaries may be AI-assisted. Report inaccurate content.
Never pay to apply. Always confirm the original source and watch for payment requests, sensitive document requests, or unrealistic promises.