Oversee and execute key operational duties, including strategic planning, process optimization, and cross-functional collaboration to drive organizational efficiency. Develop and implement policies, standards, and procedures to ensure compliance with regulatory requirements and industry best practices. Monitor performance metrics, analyze data trends, and generate actionable insights to inform decision-making and continuous improvement initiatives. Serve as a liaison between senior leadership and departmental teams to align objectives, resolve escalated issues, and foster a culture of accountability and innovation. Additionally, manage stakeholder relationships, including clients, vendors, and regulatory bodies, while ensuring transparent communication and timely resolution of concerns.
Technical Actuarial Support involves performing and/or reviewing actuarial liability valuations for applicable insurance subsidiaries, as well as conducting profitability and surplus analyses.
Review and analyze the external actuaries’ report, then work in tandem with the designated actuaries to finalize the Financial Condition Report.
Conduct thorough profitability and experience investigations, among other actuarial analyses, to provide data-driven insights that support strategic business decisions.
Conduct comprehensive profitability assessments, including experience reviews and other pertinent actuarial studies, for Old Mutual to guide strategic business decisions.
Perform solvency computations for the business units on a risk-based capital basis, incorporating solvency stress testing methodologies.
Assist in the development and analysis of financial models to evaluate various business scenarios and projects, thereby providing critical insights to support strategic business decisions.
Strategy and Business Planning Support: Provide support in developing financial and solvency projections for the Business Units as part of the business planning process. Conduct stress testing and scenario analysis on the projected figures to assess their robustness and potential outcomes.
Conduct reinsurance analysis for Life Kenya subsidiaries to identify opportunities for optimizing reinsurance arrangements.
Responsibilities include delivering findings and reports to corporate and subsidiary board committees, as well as compiling Board Papers and regulatory solvency and valuation reports.
We provide Risk Management support by collaborating with Life Business Units and the Risk Department to identify and quantify various risks, including insurance, market, and credit risks, as needed. Additionally, we develop and recommend suitable risk mitigation strategies for the Business Units and establish a comprehensive risk register within CUBA, the organization’s Risk System.
Develop and formulate suitable investment strategies, or evaluate and oversee existing strategies, for Old Mutual Life businesses.
Additionally, various other duties may be assigned at the discretion of management as needed.
We seek a candidate with a robust skill set and proven competencies to excel in this role. The ideal applicant will demonstrate strong analytical and problem-solving abilities, coupled with excellent communication skills for effective collaboration. Proficiency in relevant software and tools, as well as a deep understanding of industry-specific methodologies, is essential. The position requires meticulous attention to detail, adaptability to evolving challenges, and a commitment to delivering high-quality results. Additionally, the ability to manage multiple priorities efficiently while maintaining a proactive approach to professional development will be key to success in this position.
Analytical skills refer to the capacity to gather, interpret, and evaluate information systematically, identifying patterns, relationships, and key insights to support informed decision-making. These skills encompass critical thinking, problem-solving, and the ability to dissect complex issues into manageable components. Strong analytical abilities enable professionals to assess data, draw logical conclusions, and develop innovative solutions tailored to organizational or project objectives. Proficiency in analytical thinking is often demonstrated through structured methodologies, attention to detail, and the application of quantitative and qualitative techniques to derive actionable outcomes.
Proficiency in data management and processing is a fundamental requirement for this role, encompassing the collection, organization, storage, and analysis of information with accuracy and efficiency. Candidates must demonstrate a strong understanding of data integrity principles, compliance with relevant regulations, and the ability to utilize tools or software for data manipulation, validation, and reporting. Experience with databases, spreadsheets, or data visualization platforms is highly desirable, along with the capacity to interpret complex datasets to derive actionable insights.
Business Awareness
Analytical and solution-oriented individuals excel in identifying root causes, evaluating alternatives, and implementing effective resolutions to complex challenges. They approach obstacles methodically, leveraging both logical reasoning and creativity to develop innovative strategies that drive continuous improvement and operational efficiency. Strong problem-solving abilities are essential for troubleshooting issues, optimizing processes, and making informed decisions under dynamic conditions. These skills are particularly valuable in collaborative environments where cross-functional teams rely on structured thinking to overcome obstacles and achieve shared objectives.
Accomplished professionals must demonstrate exceptional proficiency in conveying ideas clearly and persuasively, both verbally and in writing. This role requires the ability to articulate complex concepts in an accessible manner, tailor messages to diverse audiences, and engage stakeholders through compelling presentations. Strong interpersonal skills are essential to foster collaboration, build rapport, and influence decision-making processes effectively. Candidates should exhibit confidence in public speaking, adaptability in adjusting communication styles to various contexts, and a keen aptitude for active listening to ensure mutual understanding and alignment.
Demonstrates exceptional capacity to manage and execute multiple deliverables simultaneously while maintaining focus and efficiency. Exhibits strong organizational skills to prioritize tasks effectively and adapt to shifting deadlines and priorities.
Perform duties with minimal oversight, exercising independent judgment and accountability to achieve objectives efficiently.
Possesses strong aptitude for building collaborative relationships and effectively communicating with colleagues at all organizational levels, ensuring clear exchange of ideas and fostering a positive team dynamic.
Proven expertise in utilizing Microsoft Office Suite, including Word, Excel, PowerPoint, and Outlook, is required for this role. The ideal candidate will demonstrate a strong command of these applications to create, edit, and manage documents, spreadsheets, presentations, and communications efficiently.
We seek candidates with a strong foundation in [specific field or discipline, if mentioned], complemented by hands-on experience in [relevant areas, if applicable]. Familiarity with [key tools, software, or methodologies] is essential, along with a proven ability to [specific skill or competency]. Prior to work in [industry, sector, or function] is highly beneficial, particularly where [specific challenge or responsibility] has been addressed. A background in [related field or experience] will be advantageous, ensuring alignment with the demands of this role.
Proficiency in IFRS 17 standards is essential for this role. Candidates must demonstrate a comprehensive understanding of the framework’s principles and their practical applications. Experience in implementing IFRS 17 reporting requirements, including the calculation of insurance contract liabilities and the presentation of financial statements, is highly valued. Strong analytical skills and attention to detail are necessary to ensure compliance with regulatory guidelines. Familiarity with actuarial methods and data management systems commonly used in IFRS 17 processes is also required.
Proficient in the latest Insurance regulations, Capital markets frameworks, and Central Bank mandates.
Demonstrates exceptional proficiency in actuarial techniques and methodologies, with a proven ability to apply advanced mathematical and statistical principles to analyze risk, evaluate financial obligations, and develop insurance and pension models. Requires in-depth knowledge of actuarial science, including valuation methods, pricing strategies, and regulatory compliance frameworks.
Analytical abilities are essential to this position.
Proficient in data programming with a deep understanding of programming languages and frameworks essential for data manipulation and analysis.
Bachelor’s degree in a relevant field such as computer science, engineering, or mathematics is required, along with a minimum of five years of professional experience in software development or a closely related discipline. Proficiency in at least one programming language, such as Python, Java, or C++, is essential, along with experience with frameworks or tools pertinent to the role. Strong analytical and problem-solving abilities are critical, as is the capacity to collaborate effectively within a team environment. Additional qualifications may include familiarity with cloud services, DevOps practices, or cybersecurity principles, depending on the specific position. Excellent communication skills, both written and verbal, are also necessary to articulate technical concepts to diverse audiences.
Holders of a Bachelor’s degree in Actuarial Science or a comparable field, such as Finance or Mathematics, are encouraged to apply.
With a minimum of five years of hands-on actuarial experience, candidates should possess a strong foundation in actuarial principles and methodologies. This role demands a proven track record in applying quantitative analysis, financial modeling, and risk assessment to support business decisions and strategic initiatives.
Demonstrated progress in actuarial examinations, having successfully completed a minimum of seven papers from an accredited actuarial organization.
Interested applicants should submit their materials through the specified application method to initiate the evaluation process.
Please follow the provided links to submit your application directly through the company’s official website.
Qualifications
BA/BSc/HND
Experience Required
5 years
