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Regional Head – Actuarial Life

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Reference Number: JLIL 279
Location: Nairobi, Kenya
Reporting To: Group Head – Actuarial
Application Deadline: 10th January 2025
Apply At: Recruitment@jubileekenya.com

About Jubilee Insurance

  • Founded in 1937, leading composite insurer in East Africa.

  • Offers Life, Pensions, General, and Medical Insurance.

  • Presence in Kenya, Uganda, Tanzania, Burundi, and Mauritius.

  • Only ISO-certified insurer listed on three East African stock exchanges.

  • More information at JubileeInsurance.com.

Role Purpose

  • Lead actuarial teams across regional entities.

  • Provide strategic insights and ensure financial stability.

  • Optimize risk management and drive innovation in product development.

Key Responsibilities

  • Strategy:

    • Develop and implement actuarial strategies aligned with corporate goals.

    • Support regional leadership with insights on profitability and market dynamics.

    • Ensure consistent actuarial practices across regional entities.

  • Actuarial Functions:

    • Oversee actuarial valuations, financial reporting, and solvency monitoring.

    • Lead pricing, product design, and experience analysis to enhance profitability.

    • Manage risk frameworks, ALM strategies, and reinsurance arrangements.

  • Stakeholder Engagement:

    • Present actuarial reports to Boards of Directors and key stakeholders.

    • Ensure compliance with regulatory requirements such as IFRS 17.

  • Leadership:

    • Build and lead high-performing teams.

    • Foster collaboration, innovation, and professional development.

  • Continuous Improvement:

    • Drive automation and innovation in actuarial processes and tools.

Qualifications & Skills

  • Academic & Professional:

    • Master’s Degree in Actuarial Science, Mathematics, Statistics, or related fields.

    • Fellowship or near-Fellowship with a recognized actuarial body.

    • 8–10 years of actuarial experience, including team leadership.

  • Core Competencies:

    • Expertise in life insurance actuarial principles, IFRS 17, ALM, and regulatory frameworks.

    • Strong leadership, strategic thinking, and analytical skills.

    • Excellent communication and stakeholder management abilities.

How to Apply

  • Email applications to Recruitment@jubileekenya.com.

  • Quote Job Ref. No: JLIL 279 and the position title.

Note:

  • Only shortlisted candidates will be contacted.

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Jubilee Insurance

Jubilee Insurance House, Wabera Street

Jubilee Insurance is the number one insurer in East Africa and is the only ISO certified insurance group listed on the Nairobi Securities Exchange, Dar es Salaam Stock Exchange and Uganda Securities Exchange. Jubilee Insurance was established in 1937 as the first locally incorporated insurance company. Since then, the company has spread its sphere of influence throughout the region to become the leading composite insurer in East Africa with a network of offices in Kenya, Uganda, Tanzania, Burundi and Mauritius.