What Jobs are available for Principal Actuarial Analyst Life Insurance in Kenya?
Showing 154 Principal Actuarial Analyst Life Insurance jobs in Kenya
Principal Actuarial Analyst (Life Insurance)
Posted 2 days ago
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Job Description
Our client, a leading financial services provider, is seeking a highly skilled and analytical Principal Actuarial Analyst specializing in life insurance to join their innovative and fully remote team. This is a key role responsible for complex actuarial modeling, pricing, reserving, and risk assessment for life insurance products. You will leverage your advanced quantitative skills and deep understanding of actuarial principles to drive strategic decision-making, ensure financial solvency, and enhance product profitability. As a remote-first professional, you will collaborate with a dispersed team of experts.
Key Responsibilities:
Qualifications:
Key Responsibilities:
- Develop, maintain, and enhance actuarial models for pricing, reserving, and financial projections of life insurance products.
- Perform complex actuarial calculations and analyses to support product development, pricing strategies, and risk management.
- Ensure compliance with all relevant actuarial standards of practice, regulatory requirements, and company policies.
- Assist in the valuation of liabilities and the estimation of statutory and GAAP reserves.
- Conduct experience studies to analyze mortality, morbidity, lapse, and expense trends.
- Support the development and implementation of new actuarial software and methodologies.
- Collaborate with underwriting, product development, finance, and compliance teams to provide actuarial insights and recommendations.
- Prepare detailed actuarial reports and presentations for senior management and regulatory bodies.
- Identify and assess emerging risks and opportunities within the life insurance portfolio.
- Mentor and guide junior actuaries and actuarial students.
- Stay current with industry trends, new regulations, and advancements in actuarial science.
Qualifications:
- Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- A minimum of 7 years of actuarial experience in the life insurance industry.
- Progress towards or attainment of actuarial designations (e.g., FSA, ASA, or equivalent).
- Proficiency in actuarial modeling software (e.g., Prophet, AXIS, RiskAgility) and advanced Excel skills.
- Strong knowledge of life insurance products, valuation techniques, and regulatory frameworks.
- Excellent analytical, problem-solving, and quantitative modeling skills.
- Strong communication and presentation skills, with the ability to explain complex actuarial concepts to non-actuaries.
- Demonstrated ability to work independently and collaboratively in a remote team environment.
- Detail-oriented with a commitment to accuracy and compliance.
- Experience with data analysis tools (e.g., SQL, Python, R) is a plus.
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0
Actuarial Analyst - Risk Assessment
Posted 2 days ago
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Job Description
Our client, a well-established insurance provider, is seeking a meticulous and analytical Actuarial Analyst to join their Risk Assessment department. This role is based in Ruiru, Kiambu, KE and requires the candidate to be on-site. You will play a critical role in evaluating financial risks and developing pricing strategies for insurance products. Responsibilities include performing complex actuarial calculations, building and maintaining actuarial models, and analyzing statistical data to forecast future claims and liabilities. You will work closely with underwriters, product development teams, and regulatory bodies to ensure the financial soundness and profitability of the company's offerings. The ideal candidate will have a strong understanding of actuarial principles, statistical modeling techniques, and relevant software (e.g., Excel, SQL, R, Python). Progress towards actuarial certifications (e.g., SOA, CAS) is highly desirable. You should possess excellent analytical and problem-solving skills, with a keen eye for detail and the ability to communicate complex findings clearly and concisely. This is an excellent opportunity to advance your actuarial career within a supportive and growth-oriented environment in Ruiru, Kiambu, KE , contributing directly to the company's strategic financial planning and risk management efforts.
Responsibilities:
Responsibilities:
- Conduct statistical analysis and build predictive models for insurance risks.
- Develop and maintain actuarial models for pricing and reserving.
- Analyze claim data and forecast future liabilities.
- Evaluate the financial impact of new products and policy changes.
- Collaborate with underwriting and product teams on pricing strategies.
- Prepare reports and presentations for management and regulatory bodies.
- Ensure compliance with actuarial standards and regulations.
- Stay updated on industry trends and new actuarial methodologies.
- Assist in the development of data-driven risk management strategies.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Progress towards actuarial exams (e.g., passing at least 2-3 exams).
- Minimum of 3 years of experience in actuarial analysis within the insurance industry.
- Strong proficiency in Microsoft Excel and SQL.
- Experience with statistical software such as R or Python is a plus.
- Excellent analytical, quantitative, and problem-solving skills.
- Strong written and verbal communication abilities.
- Ability to work effectively in a team environment.
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1
Senior Risk Assessment Analyst
Posted 2 days ago
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Job Description
Our client, a leading innovator in the insurance sector, is seeking a highly skilled and experienced Senior Risk Assessment Analyst to join their dynamic, fully remote team. This pivotal role involves the comprehensive analysis and evaluation of potential risks across various insurance products, ensuring the financial stability and sustainability of the company. You will be instrumental in developing and implementing sophisticated risk management strategies, identifying emerging threats, and advising on mitigation techniques. The ideal candidate will possess a strong understanding of actuarial principles, statistical modeling, and financial markets. Your responsibilities will include conducting in-depth data analysis using advanced statistical software, building predictive models to forecast potential losses, and preparing detailed reports for senior management. You will also collaborate with underwriting and claims departments to refine risk profiles and pricing strategies. This is a remote-first position, offering the flexibility to work from anywhere within Kenya, with a strong emphasis on asynchronous communication and digital collaboration tools. Essential qualifications include a Bachelor's degree in Actuarial Science, Statistics, Mathematics, Economics, or a related quantitative field. A Master's degree and professional certifications such as ACII or equivalent are highly advantageous. Proven experience (minimum 5 years) in risk assessment, underwriting, or actuarial roles within the insurance industry is mandatory. Expertise in data analysis tools like R, Python, or SAS is required. Excellent analytical, problem-solving, and communication skills are crucial. The ability to work independently, manage multiple priorities, and meet tight deadlines in a remote environment is key to success. If you are a motivated professional passionate about risk management and looking for a challenging, rewarding, remote opportunity, we encourage you to apply. This role offers a competitive salary and benefits package, along with significant opportunities for professional growth and development within a forward-thinking organization. We are committed to fostering a diverse and inclusive workplace.
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2
Senior Insurance Underwriter - Risk Assessment
Posted 2 days ago
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Job Description
Our client, a leading insurance provider, is seeking a highly analytical and experienced Senior Insurance Underwriter to join their fully remote underwriting department. This crucial role involves evaluating complex insurance risks, determining coverage terms and premiums, and ensuring the profitability and solvency of the company's portfolio. You will be responsible for assessing applications across various insurance lines, utilizing actuarial data, market intelligence, and risk assessment models. The ideal candidate will possess a deep understanding of insurance principles, risk management, and strong analytical capabilities to make sound underwriting decisions remotely. Responsibilities include:
- Evaluating insurance applications to assess risks and determine insurability.
- Analyzing financial statements, loss history, and other relevant data to quantify risk exposure.
- Setting appropriate premium rates and policy terms to ensure profitability.
- Developing and implementing underwriting guidelines and procedures.
- Collaborating with insurance agents and brokers to gather necessary information and negotiate terms.
- Monitoring the performance of the underwriting portfolio and identifying trends or potential issues.
- Staying current with industry regulations, market changes, and emerging risks.
- Providing guidance and mentorship to junior underwriters.
- Utilizing underwriting software and data analytics tools to support decision-making.
- Ensuring compliance with all regulatory requirements and company policies.
- Conducting in-depth reviews of complex or high-value insurance risks.
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3
Insurance Underwriter - Remote Risk Assessment
Posted 2 days ago
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Job Description
Our client, a well-established insurance provider committed to safeguarding its clients, is seeking a meticulous and analytical Insurance Underwriter to join their team based in Garissa, Garissa, KE . This role is pivotal in evaluating insurance applications, assessing risks, and determining appropriate coverage and premiums. The successful candidate will play a critical role in ensuring the financial health and stability of the company by making sound underwriting decisions.
Key responsibilities include thoroughly reviewing insurance proposals, gathering and analyzing relevant information such as financial statements, medical records, and risk assessments. You will utilize underwriting guidelines and risk management tools to evaluate the likelihood and potential impact of claims. This involves making informed decisions on whether to accept, modify, or decline insurance applications. You will be responsible for calculating premiums and setting policy terms and conditions to ensure profitability and minimize risk exposure. Maintaining accurate records of underwriting decisions and policy details is essential. Collaboration with insurance agents, brokers, and claims adjusters to clarify information and discuss complex cases is a significant part of the role. You will also stay updated on industry trends, regulatory changes, and new insurance products to enhance your underwriting expertise.
The ideal candidate will possess a Bachelor's degree in Finance, Economics, Actuarial Science, or a related field. Relevant professional certifications in insurance underwriting (e.g., ACII, FLMI) are highly advantageous. A minimum of 3-5 years of experience in insurance underwriting, with a strong understanding of risk assessment principles and insurance products, is required. Excellent analytical, decision-making, and problem-solving skills are essential. Strong attention to detail and the ability to work independently while meeting deadlines are crucial. Good communication and interpersonal skills are necessary for effective interaction with internal teams and external partners. This is an excellent opportunity to advance your career in the insurance sector within a supportive and professional environment in Garissa . While this role is office-based in Garissa , offering direct collaboration with colleagues, hybrid work options may be considered for exceptional candidates.
Key responsibilities include thoroughly reviewing insurance proposals, gathering and analyzing relevant information such as financial statements, medical records, and risk assessments. You will utilize underwriting guidelines and risk management tools to evaluate the likelihood and potential impact of claims. This involves making informed decisions on whether to accept, modify, or decline insurance applications. You will be responsible for calculating premiums and setting policy terms and conditions to ensure profitability and minimize risk exposure. Maintaining accurate records of underwriting decisions and policy details is essential. Collaboration with insurance agents, brokers, and claims adjusters to clarify information and discuss complex cases is a significant part of the role. You will also stay updated on industry trends, regulatory changes, and new insurance products to enhance your underwriting expertise.
The ideal candidate will possess a Bachelor's degree in Finance, Economics, Actuarial Science, or a related field. Relevant professional certifications in insurance underwriting (e.g., ACII, FLMI) are highly advantageous. A minimum of 3-5 years of experience in insurance underwriting, with a strong understanding of risk assessment principles and insurance products, is required. Excellent analytical, decision-making, and problem-solving skills are essential. Strong attention to detail and the ability to work independently while meeting deadlines are crucial. Good communication and interpersonal skills are necessary for effective interaction with internal teams and external partners. This is an excellent opportunity to advance your career in the insurance sector within a supportive and professional environment in Garissa . While this role is office-based in Garissa , offering direct collaboration with colleagues, hybrid work options may be considered for exceptional candidates.
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4
Senior Underwriting Manager - Risk Assessment
Posted 2 days ago
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Job Description
Our client is seeking a seasoned Senior Underwriting Manager to lead their remote underwriting team. This critical role demands extensive expertise in risk assessment, policy evaluation, and financial analysis within the insurance sector. You will be responsible for guiding the underwriting process, ensuring profitability, and maintaining adherence to regulatory standards. The ideal candidate possesses a deep understanding of various insurance products, underwriting guidelines, and risk management principles, coupled with strong leadership and decision-making capabilities.
Responsibilities:
Responsibilities:
- Oversee and manage the daily operations of the underwriting department in a remote setting.
- Review and evaluate complex insurance applications, assessing risks and determining appropriate coverage and premiums.
- Develop, implement, and refine underwriting policies and procedures to ensure consistency and compliance.
- Train, mentor, and guide a team of remote underwriters, fostering professional development and high performance.
- Analyze market trends and competitor activities to inform underwriting strategies.
- Collaborate with sales, claims, and actuarial departments to ensure seamless operations.
- Monitor key performance indicators (KPIs) for the underwriting team, identifying areas for improvement.
- Ensure compliance with all relevant insurance regulations and company policies.
- Manage relationships with reinsurers and brokers as needed.
- Contribute to the development of new insurance products and programs.
- Bachelor's degree in Finance, Business Administration, Insurance, or a related field.
- Minimum of 7 years of experience in insurance underwriting, with at least 3 years in a management or leadership role.
- In-depth knowledge of insurance principles, risk management, and underwriting practices.
- Strong analytical and quantitative skills with the ability to interpret financial statements and data.
- Proficiency in underwriting software and CRM systems.
- Excellent decision-making and problem-solving abilities.
- Strong leadership and team management skills, with experience managing remote teams.
- Exceptional communication and interpersonal skills.
- Professional designations such as ACII, CPCU, or equivalent are highly desirable.
- A proactive approach to identifying and mitigating risks.
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5
Senior Underwriter - Remote Risk Assessment
Posted 2 days ago
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Job Description
Our client, a highly respected insurance provider known for its innovative risk management solutions, is seeking an experienced Senior Underwriter to join their fully remote underwriting team. This role is essential for evaluating insurance applications, assessing risk accurately, and determining appropriate policy terms and premiums. You will leverage your expertise to make sound underwriting decisions, ensuring the company's financial stability and client satisfaction. The ideal candidate possesses a strong analytical ability, a thorough understanding of insurance principles, and exceptional decision-making skills, coupled with proficiency in remote work tools.
Responsibilities:
Responsibilities:
- Evaluate insurance applications, analyze complex risk factors, and determine insurability for various lines of business (e.g., property, casualty, life).
- Apply underwriting guidelines and company policies consistently to assess risk and set appropriate terms, conditions, and pricing.
- Utilize data analytics and risk modeling tools to support underwriting decisions and identify emerging trends.
- Collaborate with insurance agents, brokers, and internal stakeholders to gather necessary information and clarify policy details.
- Maintain a high level of technical expertise in underwriting principles and relevant insurance products.
- Provide guidance and mentorship to junior underwriters, assisting with complex cases and training.
- Contribute to the development and refinement of underwriting guidelines and procedures.
- Monitor portfolio performance and identify areas for improvement or potential exposure.
- Ensure compliance with all regulatory requirements and legal standards.
- Communicate underwriting decisions clearly and professionally to relevant parties.
- Minimum of 6 years of experience in insurance underwriting, with a proven track record of sound risk assessment.
- Comprehensive knowledge of insurance products, underwriting principles, and risk management strategies.
- Strong analytical, quantitative, and problem-solving skills.
- Proficiency in using underwriting software, CRM systems, and standard office productivity tools.
- Excellent communication, negotiation, and decision-making abilities.
- Relevant professional designations (e.g., CPCU, AU, ARM) are highly desirable.
- Bachelor's degree in Business Administration, Finance, Risk Management, or a related field.
- Ability to work independently, manage a caseload effectively, and meet deadlines in a remote environment.
- Strong ethical conduct and commitment to client confidentiality.
- Experience with data analysis and risk modeling software is a plus.
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6
Senior Insurance Underwriter - Remote Risk Assessment
Posted 2 days ago
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Job Description
Our client is looking for a seasoned Senior Insurance Underwriter to join their expanding team in a fully remote capacity. This role focuses on evaluating and assessing risks associated with insurance applications, determining coverage eligibility, and setting appropriate premium rates. You will be responsible for analyzing financial statements, medical records, property reports, and other relevant documentation to make informed underwriting decisions. This position requires a deep understanding of insurance products, market trends, and regulatory compliance. You will work closely with agents and brokers to gather necessary information, clarify policy details, and provide expert advice. The ideal candidate possesses strong analytical and decision-making skills, excellent attention to detail, and the ability to interpret complex data sets. A thorough knowledge of risk management principles and underwriting guidelines is essential. You will also be involved in developing new underwriting policies and procedures, contributing to the overall risk management strategy of the company. This is a critical role that requires independence, self-motivation, and excellent communication skills to effectively manage a remote caseload. You will stay updated on industry changes and legal requirements to ensure compliance. We are seeking an individual who can uphold the company's commitment to sound underwriting practices while delivering efficient and effective service. If you are an experienced underwriter seeking a remote opportunity to apply your expertise and contribute to a leading insurance provider, we encourage you to apply. This role is integral to our operations supporting clients in the **Meru, Meru, KE** region.
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