Junior Actuarial Analyst – Life Business

About the role

The Junior Actuarial Analyst will support Old Mutual's Life business by delivering accurate actuarial valuations, IFRS 17 reporting, and financial modelling. This full‑time position is based in Nairobi and works closely with the actuarial, risk, and finance teams.

Key responsibilities

• Assist with internal actuarial liability valuations, IFRS 17 valuations and embedded value calculations using Prophet and MS Excel.
• Conduct profitability, experience and solvency analyses, including stress‑test scenarios.
• Support reinsurance analysis, capital management, and risk quantification for the Life entities.
• Prepare board papers, regulatory reports and present findings to business units.

Required profile

• Bachelor’s degree in Actuarial Science.
• 2–5 years of relevant technical actuarial experience.
• Progress in actuarial examinations demonstrating actuarial knowledge.

Required skills

• Strong technical actuarial skills, particularly in valuation and financial modelling.
• Proficiency with Prophet actuarial software.
• Advanced Microsoft Excel skills.
• Data programming ability (e.g., VBA, SQL) for handling large actuarial datasets.