146 Actuary jobs in Kenya
Principal Insurance Actuary
Posted today
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Senior Insurance Actuary
Posted 2 days ago
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Responsibilities:
- Develop, validate, and implement actuarial models for pricing and reserving.
- Analyze insurance data to identify trends and assess risks.
- Calculate and forecast policy liabilities and capital requirements.
- Assist in the development of new insurance products and pricing strategies.
- Ensure compliance with regulatory requirements and accounting standards.
- Perform sensitivity analysis and scenario testing on financial models.
- Prepare detailed actuarial reports and presentations for management and regulators.
- Collaborate with other departments, including underwriting, finance, and claims.
- Stay current with actuarial best practices, industry trends, and regulatory changes.
- Mentor and guide junior actuarial staff.
- Fellow of the Actuarial Society (FAS), Society of Actuaries (SOA), or equivalent.
- 5+ years of experience in the insurance industry, with a focus on actuarial analysis.
- Proven expertise in life, health, or property & casualty insurance.
- Proficiency with actuarial modeling software and statistical analysis tools.
- Strong understanding of financial modeling, risk management, and insurance regulations.
- Excellent analytical, quantitative, and problem-solving skills.
- Exceptional written and verbal communication skills for effective remote interaction.
- Ability to work independently and manage complex projects.
- Experience with data visualization tools is a plus.
- Strong ethical standards and professional integrity.
Principal Actuary - Life Insurance
Posted 2 days ago
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Principal Actuary - Life Insurance
Posted 3 days ago
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Senior Insurance Actuary (Risk Management)
Posted 2 days ago
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Key Responsibilities:
- Conducting complex actuarial analyses for pricing, reserving, and forecasting of insurance products (e.g., life, health, general).
- Developing and validating statistical models to assess and predict financial risks.
- Performing financial projections, stress testing, and scenario analysis to evaluate capital adequacy.
- Ensuring compliance with regulatory requirements and accounting standards.
- Collaborating with underwriting, claims, and finance departments to provide actuarial support and insights.
- Monitoring industry trends and regulatory changes, assessing their impact on the company.
- Developing and maintaining actuarial databases and systems.
- Communicating complex actuarial concepts and findings clearly to both technical and non-technical audiences.
- Mentoring junior actuaries and contributing to the development of the actuarial team.
- Recommending strategies for risk mitigation and profit enhancement.
Lead Insurance Product Development Actuary
Posted 4 days ago
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Responsibilities:
- Lead the design, development, and implementation of new insurance products across various lines of business (e.g., life, health, general).
- Conduct thorough market research, competitor analysis, and feasibility studies to identify opportunities for new product development.
- Develop robust pricing models, underwriting guidelines, and policy terms and conditions for new and existing products.
- Collaborate closely with underwriting, claims, marketing, legal, and compliance teams to ensure seamless product integration and market readiness.
- Perform profitability analysis, financial projections, and sensitivity testing for product launches.
- Ensure all product designs comply with relevant insurance regulations and statutory requirements.
- Mentor and guide junior actuaries and product analysts involved in the product development process.
- Monitor the performance of existing products and recommend enhancements or adjustments as needed.
- Prepare comprehensive documentation and presentations for internal stakeholders and regulatory bodies.
- Stay up-to-date with industry trends, emerging risks, and advancements in actuarial science and insurance technology.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a closely related quantitative field.
- Fellow of the Institute of Actuaries (FIA), Fellow of the Society of Actuaries (FSA), or equivalent professional designation is mandatory.
- Minimum of 7 years of progressive actuarial experience, with a significant focus on product development in the insurance sector.
- Proven track record of successfully launching profitable insurance products.
- Expert knowledge of insurance principles, product design, pricing methodologies, and regulatory frameworks.
- Proficiency in actuarial modeling software and statistical analysis tools.
- Strong analytical, problem-solving, and strategic thinking skills.
- Excellent leadership, communication, and interpersonal skills, with the ability to influence stakeholders.
- Demonstrated ability to work independently and effectively manage complex projects in a remote setting.
- Experience with data analytics and business intelligence tools is a plus.
- A deep understanding of customer needs and market dynamics in the insurance landscape.
Actuarial Analyst
Posted 2 days ago
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Key Responsibilities:
- Assist in the development and implementation of pricing models for various insurance products, such as life, health, and general insurance.
- Calculate and review policy reserves to ensure adequate financial provisioning for future claims.
- Perform statistical analysis of historical data to identify trends and predict future outcomes.
- Support the valuation of insurance liabilities and assets.
- Contribute to the solvency and capital management activities of the company.
- Prepare reports and presentations summarizing actuarial findings for senior management and regulatory bodies.
- Collaborate with IT departments to ensure the accuracy and efficiency of actuarial systems and databases.
- Stay updated on actuarial standards of practice, regulations, and industry developments.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Progress towards actuarial examinations (e.g., SOA, IFOA) is highly desirable.
- Strong analytical and quantitative skills, with a keen eye for detail.
- Proficiency in actuarial software, statistical packages (e.g., R, Python), and Microsoft Excel.
- Excellent problem-solving abilities and the capacity to interpret complex data.
- Effective written and verbal communication skills.
- Ability to work independently and as part of a collaborative team.
- Prior experience in an insurance or actuarial role is an advantage.
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Senior Actuarial Analyst
Posted today
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Key Responsibilities:
- Develop, implement, and maintain sophisticated actuarial models for pricing, reserving, and financial forecasting.
- Analyze insurance data to identify trends, assess risks, and quantify potential financial impacts.
- Perform profitability analysis and evaluate the financial performance of insurance products.
- Assist in the development and refinement of pricing strategies and product design.
- Conduct experience studies and analyze claim data to inform pricing and reserving assumptions.
- Prepare comprehensive reports and presentations for senior management, regulators, and other stakeholders.
- Stay current with industry trends, regulatory changes, and emerging risks in the insurance sector.
- Collaborate with underwriting, claims, and product development teams to provide actuarial support and insights.
- Ensure compliance with all relevant actuarial standards of practice and regulatory requirements.
- Mentor and guide junior actuarial staff, fostering their professional development.
- Contribute to the continuous improvement of actuarial processes and methodologies.
- Perform ad-hoc analysis and modeling as required by the business.
Qualifications:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Associate or Fellow of a recognized actuarial society (e.g., SOA, CAS, Institute and Faculty of Actuaries).
- Minimum of 5 years of progressive experience in the insurance industry, with a focus on actuarial analysis.
- Strong knowledge of actuarial principles, pricing, reserving, and financial modeling techniques.
- Proficiency in actuarial software and statistical modeling tools (e.g., R, Python, SAS, Emblem, Igloo).
- Excellent analytical, problem-solving, and critical-thinking skills.
- Strong written and verbal communication skills, with the ability to present complex findings to diverse audiences.
- Proven ability to work independently and manage multiple projects in a remote setting.
- Demonstrated leadership potential and experience mentoring junior staff.
Senior Actuarial Analyst
Posted today
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Senior Actuarial Analyst
Posted today
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