Current jobs related to Actuarial Manager - Johannesburg, Gauteng - Nedbank

  • Actuarial Manager

    1 month ago

    Johannesburg, Gauteng, South Africa Hire Resolve Full time

    Actuarial Manager Job DescriptionHire Resolve's client is seeking an experienced Actuarial Manager to lead their life insurance team. The ideal candidate will have a strong background in actuarial science and a passion for risk management.Key ResponsibilitiesLead actuarial evaluations and analyses for life insurance products, ensuring compliance with...

  • Actuarial Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Short-Term Actuarial Pricing ManagerWe are seeking a talented Actuarial Manager to join our growing team at Network Recruitment. As a key member of our team, you will play a critical role in developing and refining pricing strategies for our short-term insurance products.Key Responsibilities:Pricing Strategy Development: Collaborate with cross-functional...

  • Actuarial Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Job SummaryThis role provides an opportunity to lead the actuarial team responsible for life licence valuations at Nedbank Insurance. The successful candidate will be responsible for managing and guiding the team, ensuring accurate and timely valuations, and providing key insights to support business decisions.Key ResponsibilitiesManage and guide the...

  • Actuarial Assistant Manager

    1 month ago

    Johannesburg, Gauteng, South Africa Goldman Tech Resourcing Full time

    Actuarial Assistant Manager OpportunityWe are seeking a highly skilled Actuarial Assistant Manager to join our team at Goldman Tech Resourcing. This is an exciting opportunity for a talented individual to take on a leadership role in the Life Insurance industry.Key Responsibilities:Lead a team of actuaries in the development and implementation of actuarial...

  • Actuarial Manager Position

    1 week ago

    Johannesburg, Gauteng, South Africa The Recruitment Council Full time

    Job Title: Junior Actuarial ManagerJob Summary: The Recruitment Council is seeking a highly skilled Actuarial Manager to lead our team of Actuarial Analysts in achieving business goals. The ideal candidate will have a strong background in actuarial science and experience in managing teams.Key Responsibilities:Business Requirements Identification: Identify...

  • Senior Actuarial Manager

    2 months ago

    Johannesburg, Gauteng, South Africa Bryte Insurance Company Limited Full time

    Job SummaryBryte Insurance Company Limited is seeking a highly skilled and experienced Senior Actuarial Manager to lead the reserving and capital functions across the group. The successful candidate will be responsible for developing and implementing actuarial strategies to ensure the company's financial stability and growth.Key ResponsibilitiesReserving and...

  • Actuarial Assistant Manager

    4 weeks ago

    Johannesburg, Gauteng, South Africa RPO Recruitment Full time

    Actuarial Assistant Manager Job DescriptionRPO Recruitment is seeking a highly skilled Actuarial Assistant Manager to join a prestigious Life Insurance institution in Sandton. As an Actuarial Assistant Manager, you will play a critical role in providing actuarial support and expertise to the organization, assisting in the development and implementation of...

  • Actuarial Assistant Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa RPO Recruitment Full time

    Actuarial Assistant ManagerRPO Recruitment is seeking a highly skilled Actuarial Assistant Manager to join a prestigious Life Insurance institution in Sandton. As an Actuarial Assistant Manager, you will play a critical role in providing actuarial support and expertise to the organization, assisting in the development and implementation of actuarial models,...

  • Senior Actuarial Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Bryte Insurance Company Limited Full time

    Job SummaryWe are seeking a highly skilled Senior Actuarial Manager to join our team at Bryte Insurance Company Limited. The successful candidate will be responsible for leading the corporate actuarial department and providing strategic guidance to the business.Key ResponsibilitiesDevelop and implement actuarial strategies to support business objectives.Lead...

  • Actuarial Assistant Manager

    3 weeks ago

    Johannesburg, Gauteng, South Africa Goldman Tech Resourcing Full time

    Actuarial Assistant Manager Job DescriptionWe are seeking a highly skilled Actuarial Assistant Manager to join our team at Goldman Tech Resourcing. This is an exciting opportunity for a talented individual to take on a leadership role in the Life Insurance industry.Key Responsibilities:Lead a team of actuaries in the development and implementation of...

  • Actuarial Pricing Manager

    1 month ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Job Title: Actuarial ManagerWe are seeking a talented Actuarial Manager to join our growing team. As an Actuarial Manager, you will play a critical role in developing and refining pricing strategies for our short-term insurance products.Key Responsibilities:Pricing Strategy Development: Collaborate with cross-functional teams to develop and implement pricing...

  • Actuarial Executive

    4 weeks ago

    Johannesburg, Gauteng, South Africa Goldman Tech Resourcing Full time

    Senior Actuarial Executive OpportunityWe are seeking a highly skilled Senior Actuarial Executive to join our team at Goldman Tech Resourcing. This is an exciting opportunity for an experienced actuary to lead and manage actuarial teams, providing strategic guidance and expertise to drive business growth.Key Responsibilities:Lead and manage actuarial teams,...

  • Actuarial Strategist

    1 month ago

    Johannesburg, Gauteng, South Africa Bryte Insurance Company Limited Full time

    Job SummaryWe are seeking a highly skilled Actuarial Strategist to join our team at Bryte Insurance Company Limited. As a key member of our corporate actuarial department, you will be responsible for developing and implementing actuarial strategies that drive business growth and profitability.Key ResponsibilitiesDevelop and maintain actuarial models and...

  • Actuarial Analyst

    1 month ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Actuarial Analyst OpportunityWe are seeking a highly motivated Actuarial Analyst to join our team at Network Recruitment. This is an exciting opportunity for a Junior Actuary to gain hands-on experience in the banking industry and contribute to the development of innovative risk management solutions.About the RoleAs an Actuarial Analyst, you will work with...

  • Actuarial Director

    4 weeks ago

    Johannesburg, Gauteng, South Africa Bryte Insurance Company Limited Full time

    Job Title: Corporate Actuarial ManagerBryte Insurance Company Limited is seeking a highly skilled Corporate Actuarial Manager to join our team. As a key member of our actuarial department, you will be responsible for leading the reserving and capital functions across the group, including short-term and life insurance, in South Africa and Botswana.Key...

  • Actuarial Director

    1 month ago

    Johannesburg, Gauteng, South Africa Specd Full time

    Job Title: Head of Corporate ActuarialSpecd is seeking a highly skilled and experienced Head of Corporate Actuarial to lead our actuarial function and drive business growth.Key Responsibilities:Actuarial Leadership: Oversee the actuarial teams working on COID and Life business, providing support to the AIT business.Valuation and ORSA: Prepare and review...

  • Actuarial Analyst

    1 week ago

    Johannesburg, Gauteng, South Africa The Recruitment Council Full time

    Job Title: Actuarial AnalystJob Description:The Actuarial Analyst will provide vital support to senior analysts and managers within the actuarial team. This role involves utilizing actuarial models to identify, analyze, and address business challenges while delivering effective solutions.Key Responsibilities:Model Deployment and Testing:Assist in planning...

  • Actuarial Expert

    3 days ago

    Johannesburg, Gauteng, South Africa Goldman Tech Resourcing Full time

    We are currently seeking an Actuarial Manager at Goldman Tech Resourcing. This role involves making significant progress with exams (ASSA/FASSA) and possessing 4-6 years of life insurance experience.The ideal candidate will have a Bachelor's degree in Actuarial Science, Mathematics, or Statistics, as well as being qualified or nearly qualified as an...

  • Actuarial Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Job OverviewWe are seeking a highly skilled Actuarial Analyst to join our team at Nedbank Insurance | Actuarial. As a key member of our Actuarial team, you will be responsible for providing actuarial solutions to internal and external clients, in line with our Client Value Proposition.Key ResponsibilitiesCompletion of monthly IFRS reserving results for...

  • Actuarial Analyst

    1 month ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Actuarial Analyst OpportunityA leading Banking company, recognised for its innovative approach to risk management and financial services, is seeking a highly motivated Actuarial analyst to contribute to their team.This company has a strong reputation for excellence and has been a dominant force in the market for over 40 years. If you are seeking to kickstart...

Actuarial Manager

3 months ago

Johannesburg, Gauteng, South Africa Nedbank Full time
Job Classification
  • REQ: Refilwe Falatsi
  • Closing Date: 21 August 2024
  • Division: Nedbank Insurance | Client Solution Actuarial
  • Employment Equity Statement: Preference will be given to Individual from underrepresented groups.
Job Family

Risk, Audit & Compliance

Career Stream

Actuarial

Leadership Pipeline

Manage Self Technical

FAIS Affected

Job Purpose

This role provides the successful individual the opportunity to head up the team responsible for actuarial reporting of Nedbank Insurance's Life licences. This includes the production, analysis, and presentation of IFRS valuations and SAM returns, along with other important KPI's to assist management in making correct strategic decisions.

Accountability will be to internal and external stakeholders of Nedbank Insurance, in line with Nedbank's Client Value Proposition. The role provides exposure to the various facets of a Life Insurance business across the value chain. It will also involve engagement with the Chief Actuary, Chief Financial Officer and the Head of Actuarial Function, and Executive and Insurance Board subcommittees. The person fulfilling the role is expected to have technical knowledge of life insurance valuations while enjoying mentoring and growing staff and engaging and working with stakeholders.

Job Responsibilities

• Manage and guide the actuarial team responsible for the valuations on three life licences.

• Valuations of liabilities on IFRS basis and analysis of surplus arising.

• Preparation of actuarial components of SAM returns.

• Embedded Value calculations for internal business use.

• Economic Capital calculations.

• Review and analyse financial performance relative to various metrics.

• Monitor experience across products, comparing relative to market.

• Ensure continued stakeholder education and engagement on key findings via reports and presentations.

• Regularly monitor the profile of business taken on and understand the business impact thereof.

• Continuous improvement of models, systems, and reporting

• Assist in driving insight into the business and aiding in commercial decisions around book management.

• Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.

• Drive and maintain knowledge sharing within the team.

• Ensure personal growth and enable effectiveness in performance of roles and responsibilities.

• Participate and support corporate responsibility initiatives for the achievement of business strategy.

• Seek opportunities to improve business processes, models and systems though agile thinking.

• Contribute to a culture conducive to the achievement of transformation goals.

People Specification
  • Accuracy of reports and records
  • Drafting / Creating reports
  • Built and Managed Client and Stakeholder Relationships
  • Managing conflict situations
  • Communication internal and external stakeholders
  • Managing stakeholder expectations
  • Interacting with diverse people
  • Working in a fast-paced and changing environment
  • Working within a team
  • Data Analytics
Essential Qualification

B.Degree in Actuarial Science (Hons)

FASSA or AMASSA

Minimum Experience Level
  • FASSA with relevant life valuations experience or AMASSA with at least 7 years of working experience.
  • Experience working in a Life Valuations team.
Desirable:

• Experience with IFRS17

• Experience with Prophet and/or R

• Experience managing staff

• Experience with HAF interactions

• Experience working with Scrum/ Agile / Scaled Agile

Technical / Professional Knowledge
  • Business writing skills
  • Business principles
  • Business terms and definitions
  • Governance, Risk and Controls
  • Data analysis
  • Relevant software and systems knowledge
  • Banking knowledge
  • Insurance
Behavioural Competencies
  • Technical/Professional Knowledge and Skills
  • Quality Orientation
  • Technology Savvy
  • Communication
  • Continuous Improvement
  • Monitoring Information
Please contact the Nedbank Recruiting Team - Refilwe Falatsi

If you can't find the job you're looking for, activate job alerts to be one of the first to know when new positions open up.