Actuarial Graduate Trainee at Zamara Group – Nairobi, Kenya

Internship
Nairobi, Kenya
Posted 2 months ago
Applications have closed

Zamara Group

Actuarial Graduate Trainee at Zamara Group – Nairobi, Kenya | 2025 Intake

ESSENTIAL JOB DETAILS

Position: Actuarial Graduate Trainee
Location: Nairobi, Kenya
Type of Job: Graduate Trainee Program (Full-Time)
Department: Actuarial Consulting
Reports to: Senior Analyst / Actuarial Manager
Experience Required: None (Recent Graduates Only)
Academic Requirement: Bachelor’s degree in Actuarial Science
Graduation Requirement: Graduated within the last two years with a minimum Second-Class Upper Division
KCSE Requirement: Mean Grade B+ or higher

INTRODUCTION

Are you an ambitious recent actuarial science graduate ready to jumpstart your professional journey with one of Africa’s most innovative financial services firms? The Zamara Group is looking for exceptional talent to join its Actuarial Graduate Trainee Program in Nairobi.

This role offers comprehensive exposure to actuarial consulting within the insurance and pensions sectors. It is designed to fast-track young professionals through practical project work, client engagement, technical learning, and mentorship under some of the top actuarial minds in East Africa.

ABOUT ZAMARA GROUP

Zamara Group is a diversified financial services business with deep expertise in pensions, medical schemes, insurance, and actuarial consulting. With its headquarters in Nairobi and operations across eight countries, Zamara is on a bold trajectory to build a Pan-African financial services powerhouse.

Zamara’s culture is anchored on the core values of Simplicity, Empathy, and Trust, and its mission is centered around creating a financially secure and prosperous society.

With over 30 years of history and innovation in Kenya’s financial landscape, Zamara continues to lead through integrity, customer-centricity, and a deep commitment to excellence.

KEY RESPONSIBILITIES

Actuarial Valuations and Technical Calculations

Prepare calculations under supervision from senior analysts, ensuring accuracy and timely completion.
Conduct data checks, formatting, and analysis for actuarial valuations and financial reviews.
Draft valuation reports and contribute to their timely completion for client delivery.
Perform individual benefit calculations strictly in accordance with scheme trust deeds and rules.
Ensure all actuarial work adheres to Zamara’s internal quality control and documentation procedures.

Client Interaction and Relationship Management

Communicate with client representatives to request information and clarify data discrepancies as needed.
Attend client meetings and presentations alongside senior team members to build confidence in client service protocols.
Foster professionalism and clarity in external communications.

Learning, Development, and Innovation

Engage in continuous technical training focused on actuarial software, Excel modeling, and internal actuarial systems.
Understand the procedures and workflows used in delivering individual calculations and full actuarial valuations.
Participate in research and development initiatives, including process automation and report enhancements.
Contribute to process improvement discussions and raise inefficiencies for resolution.
Assist in contributions to the actuarial profession in Kenya, supporting knowledge-sharing forums or industry initiatives under the direction of senior staff.

QUALIFICATIONS AND SKILLS

Academic Qualifications

Bachelor’s degree in Actuarial Science from a recognized institution.
Minimum attainment of Second-Class Upper Division.
Graduated within the last 2 years.
Mean Grade B+ or higher in KCSE or its equivalent.

Technical Proficiencies

Strong Microsoft Excel and general MS Office skills
Sound understanding of basic actuarial mathematics and statistics
Capacity to build technical knowledge in insurance, pensions, and financial modeling
Working knowledge of actuarial or statistical tools is advantageous (e.g., R, Python, Prophet, Excel VBA)

Core Competencies

Excellent oral and written communication skills
Strong analytical skills and logical reasoning
Self-driven, proactive, and results-oriented
Accountable, professional, and focused on accuracy and attention to detail
Strong time management and ability to multitask under guidance
Team-oriented and responsive to feedback

COMPANY CULTURE AND VALUES

Zamara promotes a vibrant, knowledge-sharing environment where young professionals can thrive. Graduate Trainees are immersed in a culture that values:

Continuous Learning and Mentorship: Structured coaching from senior actuarial professionals
Ethical Excellence: Accountability, transparency, and doing what is right
Innovation and Curiosity: Encouraging new ideas, process improvements, and exploration of actuarial technologies
Pan-African Growth Mindset: Opportunities to contribute to cross-border assignments and regional expansion goals

At Zamara, your growth is aligned with meaningful work that supports financial security and retirement planning across Africa.

HOW TO APPLY

If you’re an aspiring actuary with the drive to grow, innovate, and contribute to society, Zamara offers the platform to build your future.

Application Instructions:
Submit your application including your academic credentials, KCSE results, and a detailed CV outlining your strengths and interests.

Deadline: Applications will be reviewed on a rolling basis. Early applications are encouraged.

Only shortlisted candidates will be contacted. Zamara Group is an equal opportunity employer.

ADDITIONAL ENGAGEMENT

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By The Kenyan Job Finder Team