Reeds Africa Consult Head of Actuarial Jobs in Kenya

Reeds Africa Consult Head of Actuarial Jobs in Kenya; To coordinate and lead the overall actuarial strategy for both Life and Non-Life insurance business segments in alignment with the Company's strategic objectives. The role is responsible for ensuring robust actuarial valuation, pricing, capital management, and financial reporting processes that support sound decision-making, risk management, and regulatory compliance.

Job Description

Key Responsibilities

Actuarial Valuation & Reporting

Oversee internal actuarial reserving processes and ensure completion of year-end actuarial reserving certifications.

Develop and deliver all actuarial reports required for regulatory and IFRS reporting on both Company and Group levels.

Prepare and present quarterly actuarial reports to the Board, Board Risk Committee, and relevant statutory bodies.

Ensure adequacy of technical reserves in compliance with statutory and professional standards.

Continuously develop and refine actuarial models and reporting tools.

Maintain high data quality standards to ensure accuracy and reliability of actuarial analyses.

Capital, Risk & Financial Management

Monitor and report on the capital adequacy and solvency requirements of the Company.

Conduct actuarial analysis to support budgeting, forecasting, and business planning.

Develop and maintain internal models for risk assessment in collaboration with the risk management function.

Support the identification and quantification of emerging risks and stress scenarios.

Product Development & Reinsurance

Lead the actuarial support for new product development, including pricing and profitability testing.

Regularly review and re-price existing products to ensure ongoing viability.

Oversee and analyze reinsurance arrangements to ensure adequacy and optimization; lead the preparation of annual reinsurance certifications.

Asset-Liability Management (ALM) & Investment Support

Maintain a robust ALM framework that aligns with the company's risk appetite.

Participate actively in

the Investment Committee; review the Investment Policy and prepare ALM reports for review and decision-making.

Governance, Compliance & Stakeholder Engagement

Ensure proper documentation of actuarial methodologies, assumptions, and processes.

Provide insights into the drivers of the Company's performance from an actuarial perspective.

Lead effective communication with internal and external stakeholders on actuarial matters including regulators, auditors, and reinsurers.

Benchmark and implement actuarial best practices aligned with industry standards and evolving regulatory frameworks.

Leadership & Capacity Building

Drive change management and implementation of actuarial transformation initiatives.

Train, mentor, and develop actuarial staff to achieve operational excellence and professional growth.

Job Requirements

Qualifications, Experience & Skills.

Education & Professional Qualifications

University Degree in Actuarial Science or equivalent.

At least 8 years' work, and at least 3 years in a leadership role.

Must have completed a minimum of 10 actuarial exams and demonstrate advanced progression toward fellowship.

Prior experience in a leadership or senior actuarial role is highly desirable.

Exposure to both Life and Non-Life actuarial functions will be an added advantage.


How to Apply

For more information and job application details, see; Reeds Africa Consult Head of Actuarial Jobs in Kenya

Find daily jobs in Kenya.Jobs - Kenya jobs. Search our career portal & find the latest Kenyan job positions, career opportunities & jobs in Kenya.

Jobs in Kenya - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Kenya.

Find your dream job from 1000s of vacancies in Kenya posted and updated daily - click here!