A
Actuarial Analyst at APA Life Assurance Company Ltd
APA Life Assurance Company Ltd
October 9, 2026
Full-time
On-site
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
New Product development/Pricing, ensuring alignment with profitability, competitiveness, and regulatory standards.
Budgeting & Strategy Actuarial Inputs
Support Budgets and Strategy planning and projections with actuarial input.
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: 8 papers).
EXPERIENCE
Minimum 5 years actuarial experience in GI insurance.
Strong experience in IFRS 17 valuation and reporting.
Understanding of Insurance principles and processes.
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
New Product development/Pricing, ensuring alignment with profitability, competitiveness, and regulatory standards.
Budgeting & Strategy Actuarial Inputs
Support Budgets and Strategy planning and projections with actuarial input.
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: 8 papers).
EXPERIENCE
Minimum 5 years actuarial experience in GI insurance.
Strong experience in IFRS 17 valuation and reporting.
Understanding of Insurance principles and processes.