The Insurance Regulatory Authority (IRA) is a State Corporation established under the Insurance Act, Cap 487 of the Laws of Kenya. Its mandate is to regulate, supervise, and promote the development of the insurance industry in Kenya.
As part of its commitment to advancing actuarial expertise, the Authority is offering eight (8) fully funded scholarships for Kenyan citizens pursuing a Master of Science in Actuarial Management at Bayes Business School, United Kingdom. The scholarship will cover tuition, travel, accommodation, and other incidental expenses.
Eligibility Criteria
To qualify for the scholarship, applicants must meet the following requirements:
- Hold a Bachelor of Science in Actuarial Science with at least Upper Second-Class Honors or an equivalent qualification in Actuarial Science.
- Have graduated within the last six (6) years.
- Demonstrate significant progress towards becoming an Associate Member of the Institute or Faculty of Actuaries, with a minimum of five (5) professional actuarial papers completed.
Application Process
Application forms can be downloaded from the IRA website: www.ira.go.ke.
Completed application forms, along with copies of the following documents, should be submitted to the address below:
- National identification card or passport
- Academic transcripts and certificates
- Result slips
- Birth certificate
- School leaving certificate
Submission Address
The Chief Executive Officer
Insurance Regulatory Authority
P.O. Box 43505 – GPO 00100, Nairobi, Kenya
Email: [email protected]
Deadline for Submission: Friday, 28th February 2025, by 5:00 PM.
Applicants with First-Class Honors will be given an added advantage.
Note: Only shortlisted candidates will be contacted. Any form of canvassing will lead to automatic disqualification.
