Summary: Summary: Insurance Jobs. APA Life Assurance Jobs. Looking for an insurance job in Kenya? APA Life Assurance is hiring an Assistant Manager – Actuarial...

Job Details

  • Deadline: 15/08/2026
  • Company: APA Life Assurance Company
  • Location: Nairobi
  • Employment Type: Full Time
  • Salary: Open

Job Description

Job Title: Assistant Manager- Actuarial

Date Posted: 31/07/2026

Job Type: Full Time

Job Level: Management

Employer: APA Life Assurance Company

Industry: Insurance

Salary: Open

Location: Nairobi

Country: Kenya

Deadline: 15/08/2026

Summary: Insurance Jobs. APA Life Assurance Jobs. Looking for an insurance job in Kenya? APA Life Assurance is hiring an Assistant Manager – Actuarial to analyze insurance risks, support actuarial valuations, prepare financial models and provide insights for business decisions. The role is based in Nairobi and experience in actuarial science is required.

Key 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

  • 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.

Qualifications

  • Bachelor’s degree in actuarial science or related field. A master’s degree in actuarial management will be an added advantage

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).

Experience

  • Minimum 8 years actuarial experience in life insurance.
  • Strong experience in IFRS 17 valuation and reporting.
  • Experience in calculating VIF, VNB and Embedded Value.
  • Understanding of Asset-Liability Management Process.

How to Apply

Click here to apply

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