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Gross salary in Kenya is
1.0M
2.0M
 
10% earn less 685K KES
10% earns more 2.7M KES
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Description of job position

  • Monitoring the insurance market, developing new products and proposing changes of existing products.
  • Formulating insurance contracts, insurance conditions and special arrangements.
  • Determining premium tariffs, the amount of technical provisions in life insurance and supplementary insurance.
  • Preparing and updating technical business plans and manuals.
  • Preparing documents for the implementation of changes related to product innovation in the information system.
  • Creating and updating computer programs for distribution networks, pricing, taxation and technical changes in life insurance.
  • Testing the profitability of products.
  • Preparing personalised insurance offers.
  • Preparing documents for the assessment of non-standard changes in life insurance.
  • Performing and ensuring activities related to financial funds in investment life insurance.
  • Preparing documentation and participating in conducting methodological trainings for distribution networks.
  • Preparing documentation for accounting, the National Bank of Slovakia, auditors, shareholders and other entities, preparing periodic reports for the reinsurer.
  • Providing expert consultation on life insurance products to other units of the company.

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Position Actuary - Insurance in the labour market

In the salary ranking,
the job position takes

Women representation in position

Average age of respondent by position

797. place

Nursery School Teacher Assistant

Education, Science & Research

Salary group 1

278,268 - 612,672 KES

52. place

Security Service Director

Top Management

Salary group 2

51. place

Actuary

Insurance

Salary group 2

685,332 - 2,678,484 KES

50. place

Risk Manager

Leasing

Salary group 2

1. place

Chief Executive Officer

Top Management

Salary group 3

1,151,811 - 5,831,044 KES

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  • Salary on position by region*, education, practice, business size
  • Total salary and its components* (variable component, commissions, rewards)
  • Responder distribution to payroll
  • Salary ranges expressed by 1st decile, 1st quartile, median, 3rd quartile, 9th decile, and average wage.
  • Detailed breakdown of all monitored non-financial benefits provided*
  • Financial benefit analysis*
  • * available when regression model is used