Senior Specialist: Actuarial

4 weeks ago

Midrand, Gauteng, South Africa Vodafone Full time
When it comes to igniting a team of trailblazers, we're number 1.

The number 1 Top Employer in South Africa.
Certified by the Top Employer Institute 2024.

Role Purpose

Actuarial:
To provide actuarial support to the Head of Actuarial on all matters relating to financial reporting, valuation, and capital management;

Data Analytics:
to ensure that all decision making is data driven by doing the analysis of the performance of products, campaigns and initiatives; assisting the actuarial and product managers in developing future products that future proof the business

Your responsibilities will include

  • Financial Reporting & Capital Management

Monthly and annual liability valuations are required across the life insurance portfolio, including typical IBNR and DCF techniques for the valuation of actuarial liabilities under IFRS 17.

Quarterly and annual regulatory reporting and board reporting. The candidate will also be responsible for the development and maintenance of all valuation models in the valuation software.

  • Data Analytics and Experience Investigations

Detailed analytics at customer, channel and product level are required to drive performance, product development, to prioritize strategic roadmap (developments), and to serve as an input in valuation assumption setting.


  • Capital Management
Regular capital calculations are required for the licence to understand solvency measures at any point in time. The candidate will be responsible for the compilation of various statutory returns.

The ideal candidate for this role will have
Technical / Professional Qualifications:

  • Mathematical, Statistical or Actuarial degree
  • Experience in actuarial reporting or valuations essential
  • Basic knowledge of life and funeral insurance products would be beneficial
  • Sound numerical, analytical and problem solving skills
  • Effective interpersonal and communication skills
  • Highly energetic, innovative and pro-active individual, with the ability to work independently and as a member of a team.
Core competencies, knowledge, and experience:

  • Experience in an actuarial valuations role essential
  • Excellent problem-solving skills.
  • Good business acumen and understanding of the role of the capability in contributing to business value
  • Customer-centric focus, with an entrepreneurial and ROL mindset
  • Ability to function with a high degree of autonomy
  • Strong Microsoft Excel skills
  • Strong time-management skills, with the ability to juggle multiple balls, and comfortable working under pressure.
  • Excellent relationship building and influencing skills, with the ability to contribute towards an inclusive team culture

Closing date for Applications:
27 August 2024

The base location for this role is, Vodacom Campus, Midrand

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.
Vodacom is committed to an organisational culture that recognises, appreciates and values diversity & inclusion.

Commitment from Vodacom


Vodacom is committed to attracting, developing and retaining the very best people by offering a flexible, motivating and inclusive workplace in which talent is truly recognized, developed and rewarded.

We believe that diversity plays an important role in the success of our business and we are committed to creating an inclusive work environment which respects, values, celebrates and makes the most of people's individual differences - we are not only multinational but multicultural too.

At Vodacom you will have access to our excellent flexible benefits programme that you would expect from any global company.

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