{"id":107366,"date":"2026-08-12T06:48:56","date_gmt":"2026-08-12T06:48:56","guid":{"rendered":"https:\/\/jobs.dataaxisnode.com\/kenya\/uncategorized\/intermediate-actuarial-valuation-specialist-life\/"},"modified":"2026-08-12T06:48:56","modified_gmt":"2026-08-12T06:48:56","slug":"intermediate-actuarial-valuation-specialist-life","status":"publish","type":"post","link":"https:\/\/jobs.dataaxisnode.com\/kenya\/jobs\/nairobi\/intermediate-actuarial-valuation-specialist-life\/","title":{"rendered":"Intermediate Actuarial Valuation Specialist, Life"},"content":{"rendered":"<p><script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\/\", \"@type\": \"JobPosting\", \"title\": \"Intermediate Actuarial Valuation Specialist, Life\", \"description\": \"Job Description\\nThis role involves working as part of the Actuarial Team within Old Mutual Life Kenya to support the Senior Valuations Specialists and Head of Life Actuarial\/Senior Management\/Boards with the following:\\nEnsure provision of Actuarial Services to Old Mutual Life Kenya by working closely with the Business Entities and other Group Functions to meet their needs. This includes reserving, pricing, product reviews, experience reviews and solvency and capital management\\nConducts accuracy checks, and analyses data to draw conclusions and make recommendations\\nGenerate actuarial reports on various technical issues to Head of Actuarial, Senior Management and Board of Directors.\\nKEY TASKS AND RESPONSIBILITIES\\nTechnical Actuarial Support:\u00a0Conduct and\/or review internal actuarial liability valuations for relevant insurance subsidiaries and analysis of\u00a0profitability\/surplus\\nReview of external actuaries\u2019 report and collaboration with the appointed actuaries to produce the Financial Condition Report\\nExperience Investigations:\u00a0Perform profitability analysis, experience analysis, and other relevant actuarial investigations to inform business decisions\\nProduct Profitability Review: Perform profitability analysis, experience analysis, and other relevant actuarial investigations for Old Mutual to inform business decisions\\nSolvency and Capital management:\u00a0Carry out solvency computation for the BUs on a risk-based capital basis including solvency stress tests\\nFinancial Modeling: assist with financial modeling of business scenarios\/projects to inform business decision making\\nStrategy and Business Planning Support: assist with business planning financial projections and solvency projections for the Business Units. Perform stress and scenario analysis on the plan numbers\\nReinsurance Support: Carry out a reinsurance analysis for the Life Kenya subsidiaries to explore ways to optimize on reinsurance arrangements\\nReporting and Documentation:\u00a0Presentation of results and reports to businesses and subsidiary boards committees. Preparation of Board Papers and regulatory solvency and valuation reports\\nRisk Management support:\u00a0assist the Life Business Units and Risk Department in identifying, quantifying risk insurance, market, credit risks etc. where appropriate. Formulate appropriate risk mitigation measures for the BUs and develop a risk register for an enterprise in CURA Risk System\\nInvestment Strategy support:\u00a0Develop\/formulate appropriate investment strategies and\/or review and monitoring of investment strategies for Old Mutual Life businesses\\nOther reasonable duties\u00a0that may be assigned by management\\nSKILLS AND COMPETENCIES\\nAnalytical Skills\\nData Handling knowledge\\nBusiness Awareness\\nProblem Solving Skills\\nCommunication and Presentation skills\\nAbility to prioritize and work on a wide range of deliverables at once\\nWorking under minimal supervision\\nGood interpersonal skills\\nProficiency in Microsoft office packages\\nKNOWLEDGE & EXPERIENCE\\nIFRS17 Knowledge\\nFamiliar with the current Insurance regulations, Capital markets and Central Bank regulations\\nStrong actuarial technical skills\\nStrong analytical skills\\nStrong data programming skills\\nQUALIFICATIONS\\nBachelor of Actuarial Science or other related finance or mathematics degree\\nMinimum 5 years actuarial experience\\nActuarial Knowledge: Show progress with actuarial examinations, Minimum 7 papers from a recognized actuarial body\", \"datePosted\": \"2026-08-10\", \"hiringOrganization\": {\"@type\": \"Organization\", \"name\": \"Old Mutual Kenya\"}, \"jobLocation\": {\"@type\": \"Place\", \"address\": {\"@type\": \"PostalAddress\", \"addressLocality\": \"Nairobi\", \"addressCountry\": \"KE\"}}, \"directApply\": true, \"validThrough\": \"2026-08-24T23:59:59\", \"employmentType\": \"FULL_TIME\"}<\/script><\/p>\n<p><strong>Company:<\/strong> Old Mutual Kenya<\/p>\n<p><strong>Location:<\/strong> Nairobi<\/p>\n<p><strong>Job Type:<\/strong> Full Time<\/p>\n<p><strong>Apply Before:<\/strong> 2026-08-24<\/p>\n<h3>Job Description<\/h3>\n<p>Job Description<br \/>This role involves working as part of the Actuarial Team within Old Mutual Life Kenya to support the Senior Valuations Specialists and Head of Life Actuarial\/Senior Management\/Boards with the following:<br \/>Ensure provision of Actuarial Services to Old Mutual Life Kenya by working closely with the Business Entities and other Group Functions to meet their needs. This includes reserving, pricing, product reviews, experience reviews and solvency and capital management<br \/>Conducts accuracy checks, and analyses data to draw conclusions and make recommendations<br \/>Generate actuarial reports on various technical issues to Head of Actuarial, Senior Management and Board of Directors.<br \/>KEY TASKS AND RESPONSIBILITIES<br \/>Technical Actuarial Support:\u00a0Conduct and\/or review internal actuarial liability valuations for relevant insurance subsidiaries and analysis of\u00a0profitability\/surplus<br \/>Review of external actuaries\u2019 report and collaboration with the appointed actuaries to produce the Financial Condition Report<br \/>Experience Investigations:\u00a0Perform profitability analysis, experience analysis, and other relevant actuarial investigations to inform business decisions<br \/>Product Profitability Review: Perform profitability analysis, experience analysis, and other relevant actuarial investigations for Old Mutual to inform business decisions<br \/>Solvency and Capital management:\u00a0Carry out solvency computation for the BUs on a risk-based capital basis including solvency stress tests<br \/>Financial Modeling: assist with financial modeling of business scenarios\/projects to inform business decision making<br \/>Strategy and Business Planning Support: assist with business planning financial projections and solvency projections for the Business Units. Perform stress and scenario analysis on the plan numbers<br \/>Reinsurance Support: Carry out a reinsurance analysis for the Life Kenya subsidiaries to explore ways to optimize on reinsurance arrangements<br \/>Reporting and Documentation:\u00a0Presentation of results and reports to businesses and subsidiary boards committees. Preparation of Board Papers and regulatory solvency and valuation reports<br \/>Risk Management support:\u00a0assist the Life Business Units and Risk Department in identifying, quantifying risk insurance, market, credit risks etc. where appropriate. Formulate appropriate risk mitigation measures for the BUs and develop a risk register for an enterprise in CURA Risk System<br \/>Investment Strategy support:\u00a0Develop\/formulate appropriate investment strategies and\/or review and monitoring of investment strategies for Old Mutual Life businesses<br \/>Other reasonable duties\u00a0that may be assigned by management<br \/>SKILLS AND COMPETENCIES<br \/>Analytical Skills<br \/>Data Handling knowledge<br \/>Business Awareness<br \/>Problem Solving Skills<br \/>Communication and Presentation skills<br \/>Ability to prioritize and work on a wide range of deliverables at once<br \/>Working under minimal supervision<br \/>Good interpersonal skills<br \/>Proficiency in Microsoft office packages<br \/>KNOWLEDGE &#038; EXPERIENCE<br \/>IFRS17 Knowledge<br \/>Familiar with the current Insurance regulations, Capital markets and Central Bank regulations<br \/>Strong actuarial technical skills<br \/>Strong analytical skills<br \/>Strong data programming skills<br \/>QUALIFICATIONS<br \/>Bachelor of Actuarial Science or other related finance or mathematics degree<br \/>Minimum 5 years actuarial experience<br \/>Actuarial Knowledge: Show progress with actuarial examinations, Minimum 7 papers from a recognized actuarial body<\/p>\n<h3>How to Apply<\/h3>\n<p>Interested and qualified? Go to Old Mutual Kenya on oldmutual.wd3.myworkdayjobs.com to apply<br \/>Build your CV for free. Download in different templates.<\/p>\n<p><a href=\"https:\/\/www.myjobmag.co.ke\/apply-now\/1302205\" target=\"_blank\" rel=\"noopener\" style=\"display:inline-block;padding:10px 20px;background:#2271b1;color:#fff;text-decoration:none;border-radius:4px;\">Apply Now<\/a><\/p>\n<p><small>Source: MyJobMag<\/small><\/p>\n<p><!-- job-expiry: 2026-08-24 --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company: Old Mutual Kenya Location: Nairobi Job Type: Full Time Apply Before: 2026-08-24 Job Description Job DescriptionThis role involves working as part of the Actuarial Team within Old Mutual Life Kenya to support the Senior Valuations Specialists and Head of Life Actuarial\/Senior Management\/Boards with the following:Ensure provision of Actuarial Services to Old Mutual Life Kenya [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1408,1409],"tags":[1425,1413,1412,1500],"class_list":["post-107366","post","type-post","status-publish","format-standard","hentry","category-jobs","category-nairobi","tag-full-time","tag-job-listing","tag-myjobmag","tag-old-mutual-kenya"],"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/posts\/107366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/comments?post=107366"}],"version-history":[{"count":0,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/posts\/107366\/revisions"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/media?parent=107366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/categories?post=107366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/tags?post=107366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}