Home Actuarial Assistant

    Actuarial Assistant


    Insurance Regulatory Authority

    a) Job purpose

    The position is responsible for collection of data to be used for analysis and
    preparation of actuarial reports.

    - Advertisement -

    b) Job Specifications

    Duties and responsibilities will entail:
    (i) Compile data for analysis of products, premium rates, financial
    condition reports and technical reserves for insurers.

    (ii) Compile data for preparation of capital adequacy ratios in accordance
    with the provisions of the insurance act.

    (iii) Compile data for data analysis and preparation of reports on insurance
    industry performance as required by the Insurance Act;

    (iv) Compile data for analysis of financial stability of insurers and
    implementation of macro prudential policy including carrying out
    regular macro stress tests and preparing documents for public
    communication on the tests

    (v) Assist in logistics in the department such as organization for meetings,
    workshops and smooth flow of information.

    c) Persons Specifications

    (i) Higher Diploma in Actuarial Science, Statistics, Insurance, Finance,
    Economics, Law, or its equivalent with three (3) years relevant


    Diploma with four (4) years relevant experience.

    (ii) Certificate in Computer Proficiency.

    (iii) Meets provision of chapter six of the Constitution.

    d) Competencies and skills

    (i) Strong communication and presentation skills

    (ii) Good analytical skills

    (iii) Problem solving

    (iv) Professionalism

    Suitably qualified and experienced individuals should submit applications enclosing a detailed curriculum
    vitae (CV), copies of relevant academic and professional certificates/testimonials and a copy of National
    Identity Card.

    The CV must at the minimum provide details of the applicant’s email address, day-time mobile telephone
    numbers, details of current employer, current remuneration and names and contacts of three (3) referees
    familiar with the applicant’s professional background and experience.

    Applications, addressed to the undersigned, may be delivered at the Insurance Regulatory Authority (Registry
    Section) at Zep-Re Place, 2nd Floor, Longonot Road, Upper Hill. Please note that these should be sealed,
    marked “Confidential” and indicate the job reference (e.g “REF:SO/01” for Supervision Officer). Alternatively,
    they may be sent by post or email to:

    Commissioner of Insurance & Chief Executive Officer
    Insurance Regulatory Authority
    Zep-Re Place
    P.O Box 43505-00100
    EMAIL : careers@ira.go.ke

    Applications must be received by close of business on 21st June 2022

    To apply for this job email your details to careers@ira.go.ke.

    - Advertisement -
    Previous articleSupervision Assistant
    Next articleAssistant Financial Analyst
    I am intrigued by the internet and endeavor to be genuine as I am. Less travelled in personal I have travelled alot in my mind. I value solitude at times and I believe we should be equal. Education and healthcare should be free and world class for all. I tend to spend much time online. I read most of the time and I drive all the time. These are my thoughts!