Actuarial Analyst

Job Ref. No. JHIL017

Role Purpose

To Evaluate and provide advice to Jubilee Health Insurance Company regarding, product development and pricing activities, Risk modelling, Reserving, Data Analytics, adequacy of reinsurance arrangements and compliance with related statutory and regulatory requirements.


Main Responsibilities

Providing advisory on the insurer’s actuarial and financial risks.
Evaluating and providing advice on risk modelling and use of internal models, as applicable.
Providing guidance on the selection of key actuarial assumptions.
Pricing of insurance contracts.
Product development and Product reviews and advisory.
Experience monitoring
Supporting on data analytics
Scenario and sensitivity testing.
Providing guidance on adequacy of reinsurance arrangements.
Developing and tracking pricing actuarial analytics.
Maintaining and developing effective actuarial reports of historical performance.
Maintaining and distributing actuarial reports.

Key Competencies

Strong analytical and problem–solving skills
Financial modelling ability
Reporting skills
Project Management
Strong Interpersonal and Communication skills
Ability to prioritize & deliver within set timelines
A team player with strong customer focus


An undergraduate degree in Actuarial, mathematics or statistics
Passed at least 6 actuarial exams from the Institute of Actuary or Society of Actuary
Proficient in the use of Microsoft office suite and packages, SQL/R/Python language
Relevant Experience

At least 3 years of relevant experience especially in actuarial and analytics.


Click “APPLY FOR JOB” button above to apply for this job.

If you are qualified and seeking an exciting new challenge, please apply quoting the Job Reference Number and Position by 18th January 2022.

Only shortlisted candidates will be contacted.

About Jubilee Insurance

Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa in 1937. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, general and Medical insurance.