The Insurance Regulatory Authority (IRA) has announced fully funded UK scholarships for Kenyans to pursue a Master of Science degree in Actuarial Management at Bayes Business School for the 2026/2027 academic year. This initiative aims to address the shortage of actuarial professionals in Kenya.

• Eight scholarship opportunities are available, covering tuition, travel, accommodation, and living expenses.
• Applicants must have a Bachelor of Science degree in Actuarial Science (at least second class honours upper division) and have graduated within the last five years.
• The application deadline is Monday, March 2, 2026, at 5:00 p.m., with applications submitted via the IRA website or email.
• Since 2011, the IRA has provided scholarships, increasing the number of qualified actuaries in Kenya from fewer than 10 to over 70.