APA Life Assurance Company Ltd logo

Actuarial Analyst

APA Life Assurance Company Ltd

Nairobi, KenyaPosted Posted 14 days ago
python
excel
power bi
ifrs

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Job 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 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.

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