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Actuarial and Pricing Analyst at AAR Insurance
JobSearch
Nairobi 🇰🇪 Kenya
Posted 6 days ago (18 Sep 2026) Deadline: 27 Sep 2026 Updated 5 days ago
How to Apply
Apply through the AAR Insurance careers portal at careers.aar-insurance.com.
Job Description
The Actuarial and Pricing Analyst will develop medical insurance pricing models, prepare quotations and analyse claims data to support profitability and risk management. They will produce performance reports, dashboards and advisory decks for senior management, ensuring accurate and timely pricing decisions.
Qualifications & Requirements
- • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance or a related discipline
- • At least 5 years’ experience in health or medical insurance pricing and analytics
- • Strong analytical, problem‑solving and quantitative modelling skills
- • High attention to detail and ability to produce clear reports and presentations
- • Sound commercial judgment and ability to work under tight deadlines
Required Skills
Responsibilities
- • Prepare corporate medical quotations and renewal terms using internal pricing models
- • Build and maintain rate tables, applying appropriate loadings and statutory gross‑ups
- • Analyse claims experience, exposure and benefit changes to inform renewal pricing
- • Support tender pricing, including capitation models and underwriting rules
- • Monitor loss ratios, claims frequency and severity, flagging adverse experience early
- • Conduct experience reviews, anti‑selection analysis and benefit sensitivity testing
- • Build provider and scheme claims intelligence, including episode‑of‑care analysis
- • Reconcile claims data across multiple sources and funding arrangements
- • Produce scheme performance reviews, renewal readiness packs and ad‑hoc reports
- • Maintain dashboards on quote volumes, premiums, loss ratios and pipeline
- • Prepare decision‑ready decks and written advisories for senior management