Location:
Nairobi, Nairobi
Contract Type:
Full Time
Experience Required:
More than 10 years
Education Level:
Bachelor's Degree
Job Description
Job Summary:
We are looking for a highly skilled and analytical Senior Actuary with over 10 years of experience in actuarial science, risk management, and financial modeling. The ideal candidate will lead actuarial projects, develop pricing and risk models, and provide expert insights that support strategic business decisions. This role is critical in ensuring financial stability, compliance, and sustainable growth.
Key Responsibilities:
Lead actuarial analysis and develop pricing models for insurance products, pensions, and financial risk assessments.
Perform risk modeling, forecasting, and scenario analysis to guide executive decision-making.
Conduct valuations and reserve calculations in compliance with IFRS, GAAP, and regulatory standards.
Design and implement mortality, morbidity, and lapse models for long-term risk projections.
Collaborate with finance, underwriting, and product teams on new product development and risk strategies.
Oversee regulatory filings, solvency testing, and capital adequacy assessments.
Develop actuarial reports, memos, and presentations for senior management, boards, and regulators.
Mentor and supervise junior actuaries and analysts, ensuring continuous professional development.
Stay up to date with industry regulations, actuarial standards, and market trends.
Qualifications & Skills:
Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, or Finance.
Professional actuarial designation (Fellow of the Society of Actuaries – FSA, Fellow of the Institute and Faculty of Actuaries – FIA, or equivalent).
10+ years of actuarial experience, preferably in insurance, pensions, or financial services.
Strong command of actuarial software (Prophet, Moses, AXIS, or similar).
Proficiency in data analytics tools (Python, R, SQL, Excel, SAS).
Excellent problem-solving, analytical, and quantitative skills.
Strong communication skills to translate complex data into actionable insights.
Key Competencies:
Strategic thinking with strong business acumen.
Accuracy and attention to detail.
Leadership and mentoring abilities.
Ability to work under pressure and meet deadlines.
Ethical judgment and commitment to compliance.
We are looking for a highly skilled and analytical Senior Actuary with over 10 years of experience in actuarial science, risk management, and financial modeling. The ideal candidate will lead actuarial projects, develop pricing and risk models, and provide expert insights that support strategic business decisions. This role is critical in ensuring financial stability, compliance, and sustainable growth.
Key Responsibilities:
Lead actuarial analysis and develop pricing models for insurance products, pensions, and financial risk assessments.
Perform risk modeling, forecasting, and scenario analysis to guide executive decision-making.
Conduct valuations and reserve calculations in compliance with IFRS, GAAP, and regulatory standards.
Design and implement mortality, morbidity, and lapse models for long-term risk projections.
Collaborate with finance, underwriting, and product teams on new product development and risk strategies.
Oversee regulatory filings, solvency testing, and capital adequacy assessments.
Develop actuarial reports, memos, and presentations for senior management, boards, and regulators.
Mentor and supervise junior actuaries and analysts, ensuring continuous professional development.
Stay up to date with industry regulations, actuarial standards, and market trends.
Qualifications & Skills:
Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, or Finance.
Professional actuarial designation (Fellow of the Society of Actuaries – FSA, Fellow of the Institute and Faculty of Actuaries – FIA, or equivalent).
10+ years of actuarial experience, preferably in insurance, pensions, or financial services.
Strong command of actuarial software (Prophet, Moses, AXIS, or similar).
Proficiency in data analytics tools (Python, R, SQL, Excel, SAS).
Excellent problem-solving, analytical, and quantitative skills.
Strong communication skills to translate complex data into actionable insights.
Key Competencies:
Strategic thinking with strong business acumen.
Accuracy and attention to detail.
Leadership and mentoring abilities.
Ability to work under pressure and meet deadlines.
Ethical judgment and commitment to compliance.
Number of vacancies:
1
Company Description
We are a dynamic retail company dedicated to delivering exceptional customer experiences through quality products and outstanding service. Our mission is to meet customer needs while fostering a positive shopping environment.
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