I am not a fan of the whittling method of removing jacket from these cable types for the very reason you bring the question up, plus the risk to the internal conductor insulation.
For these types of cables, I prefer to take advantage of the stretch/tension of the jacket. I will bend the stranded cable sharply, and then press (not slice) the edge of the knife into the jacket at the crown of the sharp bend until the tension on the jacket causes it to pull apart. This causes the jacket to split and separate long before the knife edge actually penetrates the jacket, thereby eliminating the possibility of nicking the insulation on the inner conductors.
It makes no difference what the cable type, insulation type, conductor type, I will NEVER, EVER whittle an insulation away from cables or conductors, because you will have less control over penetration--especially on removing the final insulation on a metallic conductor.
Oh, I guess a better explanation of this is to understand that the copper will not stretch, but the insulation MUST stretch when you bend the wire due to a larger radius of the bend. The same is true regarding a multi-wire cable with insulated conductors covered by a jacket. The length of the material is dependent on the bend radius, so the outer materials are stretched farther and therefore easier to split.