Current jobs related to Head of Reserving - Sandton Discovery Place - Discovery

  • Head of Reserving

    2 months ago

    Sandton, South Africa Discovery Ltd. Full time

    **Business Unit**:Discovery Insure**Function**:Actuarial Sciences**Date**:20 Sep 2024 **Discovery - Insure** **Head of Reserving** **About Discovery** Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own...

  • Head: High Value Coverage

    2 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job Summary To...

  • Head of Programme: Faculty of Finance and Accounting

    6 months ago

    Sandton, South Africa The Independent Institute of Education Full time

    The IIE (Pty) Ltd is the registered provider of higher education which is offered through the following educational brands: IIE Vega, IIE Varsity College, IIE Rosebank College and IIE MSA. The Independent Institute of Education’s Central Academic Team (CAT) is responsible for the academic leadership and governance of the work done at the brands while each...

  • Regional Head of Compliance, West Africa

    2 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job...

  • DMC Retail Travel Specialist

    2 weeks ago

    Sandton, South Africa Wild Dreams Hospitality Full time

    {"Key Outputs": {"heading": "Key Responsibilities", "items": [{"heading": "1. Design and Plan Itineraries", "description": "Create bespoke travel experiences for guests, taking into account their preferences and interests."}, {"heading": "2. Reservation Management", "description": "Manage the reservations process for bookings, ensuring guest budgets are met...

  • Head: Product Liquidity

    3 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job...

  • Head : Data Delivery

    5 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job...

  • Local Regulatory Reporting Head

    5 months ago

    Sandton, South Africa Citi Full time

    **Job Purpose**: The role is responsible for managing the Local Regulatory reporting team and their reporting responsibilities that includes the oversight, analysis and submission of all regulatory returns to the Prudential Authority (PA) and the Johannesburg Stock Exchange (JSE) while providing support to the US consolidation process. The purpose of the...

  • Head Product for Supply Chain Finance

    2 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job...

  • Head of Data: Cib

    5 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary Do you...

  • Head: Technical Architecture

    1 month ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job...

  • Sales Manager

    6 months ago

    Sandton, South Africa Wilderness Full time

    We are looking for a Sales Manager to join the Wilderness team working with Asia Pacific/ Europe region. The primary purpose: To develop and grow the sales performance of the Asia Pacific region / Europe region 2nd tier wholesale. Working in collaboration with the Head of Sales to ensure a positive sales and reservations experience for the business in line...

  • Head Shari'ah Governance

    5 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary As the...

  • Head Commercial Property Finance: Africa Region

    5 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job...

  • Head: Fraud Governance, Risk

    5 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary As...

  • Head: Transactional Banking Sales

    2 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job...

  • Head Product for Supply Chain Finance

    4 weeks ago

    Sandton, South Africa 1001 Absa Bank Full time

    Head Product for Supply Chain Finance & Working Capital Apply remote type: Hybrid Locations: Sandton Time type: Full time Posted on: Posted Yesterday Time left to apply: End Date: October 14, 2024 (2 days left to apply) Job requisition id: R-15967330 Empowering Africa’s tomorrow, together…one story at a time. With over 100 years of rich history...

  • Actuarial Expert

    1 month ago

    Sandton, South Africa Jobted ZA C2 Full time

    - Assist senior managers where necessary - Reserving / statutory valuations / SAM Pillar I - Product pricing and design - Capital modelling & Asset Liability Modelling - Support the Head of Actuarial Function / Appointed Actuary - Reinsurance reviews - Draft reports and communications - Support the consulting actuary - Perform market studies and research -...

  • Head: Coverage

    5 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary As...

  • Head: Data Management and Governance

    5 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary As...

Head of Reserving

2 months ago

Sandton Discovery Place, South Africa Discovery Full time
Discovery - Insure

Head of Reserving

About Discovery

Discovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Insure

Discovery Insure is committed to creating a nation of great drivers and offering market-leading insurance coverage through our innovative Shared-value Insurance model. Discovery Insure is South Africa's fastest growing short-term insurance company with comprehensive products that provide protection against current and emerging risks facing clients in the motor and home sectors. Vitality Drive, an internationally-recognised and award-winning programme, is a key differentiator in the market that incentivises and rewards clients for driving well. The Vitality Drive programme has been scaled to local and international markets which now include Europe and the Middle East. The company employs over 1 000 people who are committed to putting our customers and financial advisers first by providing unique and innovative solutions and cover.

Key Purpose

Lead the strategic development of actuarial reserving processes and methodologies, leveraging advanced analytics to drive informed decision-making and support business development. Foster innovation and collaboration across teams, shaping the future of the reserving function in a dynamic, growth-oriented environment.

Areas of responsibility may include but are not limited to

Core Corporate Actuarial function

Reserving estimation:
  • Lead the development, enhancement and implementation of robust reserving processes and methodologies using actuarial and advanced modelling techniques.
  • Monitor experience and assess reserve adequacy, making enhancements as necessary based on emerging data and trends.
  • Use data analytics to analyze historical experience to assist Senior Management with strategic decision-making processes.
  • Stay updated with and ensure compliance to the relevant regulatory requirements and standards (IFRS 17, SAM, APNs etc.)


Leadership and Innovation
  • Define and articulate a strategic vision for the future development of the reserving function, incorporating advancements in technology, analytics, and regulatory requirements.
  • Lead initiatives to streamline processes and enhance the scalability of reserving methodologies, ensuring readiness for business growth and expansion into new markets.
  • Champion innovation and collaboration within the actuarial team, fostering a culture of continuous improvement and knowledge sharing.


Stakeholder Engagement
  • Collaborate with underwriting, finance, claims and pricing teams to optimize the reserving process and provide feedback into strategic decision-making processes.
  • Manage deliverables and relationships with external audit, Head of Actuarial Function, Group Risk and the Prudential Authority.
  • Presentations to the Actuarial Committee and Senior Management on model enhancements and financial results.


Skills and Knowledge
  • Proficiency in MS Office (Excel, PowerPoint and Word)
  • Actuarial reserving and modelling - Advanced level
  • VBA & SQL - Intermediate level
  • Programming skills - R or Python (advantageous)
  • Non-Life Reserving Techniques
  • IFRS 17
  • SAM Financial Soundness Standards (advantageous)
  • Relevant Actuarial Practice Notes


Education and Experience

Education:

  • Matric
  • Honours degree in Actuarial Science
  • Fellow of the Actuarial Society of South Africa (FASSA)


Minimum Experience:
  • 6 years proven experience in a Short-Term Insurance organization

EMPLOYMENT EQUITY

The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.