As the Chief Actuary, Patience Muvea brings a wealth of experience to oversee the technical and strategic actuarial operations for Liberty Life Insurance in Kenya. She works closely with executive management to develop and implement the corporate strategy, spearheading the application of actuarial management principles to ensure a profitable and well-governed institution. She is a champion for sustainable finance and responsible investment by ensuring that as the lead in Asset Liability Management (ALM) within the business, the investment of significant funds within the firm’s business is done by fund managers who invest ethically and responsibly, hence ensuring that potential reputational damage arising from Environmental, Social, and Governance (ESG) issues is mitigated.
Patience has made remarkable strides in advancing the actuarial profession. Serving as the Mentorship Executive Lead for the Actuarial Academy of East Africa, she mentored over 100 aspiring actuaries and secured the academy’s position as an official tutorial provider for the Institute and Faculty of Actuaries (IFOA). Her leadership also led to securing the 2029 International Actuarial Association (ICA) host country bid, positioning Kenya on the global stage.
Serving as a council member for The Actuarial Society of Kenya (TASK) from 2018 to 2021, she played a pivotal role in leading the profession’s transformation, including drafting the Actuaries’ Bill. Patience’s tenure as one of the early women council members has paved the way for increased representation of women leaders within TASK, fostering diversity and inclusivity in the profession.
