Actuarial Science Jobs in Kenya,2017


Actuarial Science Jobs in Kenya,2017


Job Summary: The incumbent shall be responsible for evaluation of, and the provision of advice to GA Insurance Ltd concerning:

  1. The technical provisions;
  2. Premium and pricing;
  3. Scenario and sensitivity testing; and
  4. Compliance with the statutory obligations of the line business


Main Responsibilities
The incumbent shall be responsible for evaluation and advising on the following:

  • Valuation of liabilities and technical provisions.
  • Solvency position, including calculation of minimum capital required for regulatory purposes and liability and loss provisions;
  • Prospective solvency position and distribution of benefits;
  • Reinsurance arrangements;
  • Actuarial and financial risks;
  • Risk assessment and management policies and controls relevant to actuarial matters or financial condition;
  • Product development and design, including the terms and conditions of insurance contracts;
  • Sufficiency and quality of data used in the calculation of technical provisions;
  • Investment policies and the valuation of assets;
  • Underwriting policies, risk modeling and use of internal models.

Academic Qualifications:

  • Graduate with a degree in Actuarial Science / Statistics
  • Professional actuarial exams (minimum 12/15 exams)

Functional Skills

  • Analytical Skills
  • Exploitation and application of Information Technology
  • Actuarial modelling
  • Risk Management
  • Visionary Leadership
  • Market Awareness
  • Customer Focus
  • Continuous Innovation
  • Ownership & Commitment
  • Team Spirit

The candidate must have at least 4 year of relevant experience:

How to Apply

  If you meet the above minimum requirements, send your c.v to [email protected]  indicate the position applied for on the email subject line so as to be received on or before 1st September, 2017. Only short listed candidates will be contacted.