Finance Actuary

5 days ago

Sandton, South Africa Deka Minas Pty Ltd Full time

We’re partnering with a leading diversified financial services group that is redefining insurance to be more accessible, transparent, and client-centric. They are looking for a Finance Actuary to join their growing Insurance team and play a key role in shaping the future of financial reporting and valuation. As a Finance Actuary, you will contribute directly to the financial performance and resilience of the insurance business through:Performing periodic (monthly, quarterly, bi-annual, and annual) insurance contract liability and profit calculations on an IFRS 17 basis.Contributing to forecasted IFRS 17 profit calculations for annual budgets and re-forecasting cycles.Supporting the calculation of solvency requirements in line with the Financial Soundness Standard for Insurers (previously SAM).Assisting with the completion of quantitative reporting templates for statutory solvency reporting.Developing and maintaining processes and controls for actuarial valuation and financial reporting.This role will provide exposure across valuation, reporting, solvency, and capital management, while contributing to innovative actuarial practices within a dynamic insurance team. Fellow Requirements:8+ years’ actuarial experience in the life insurance sector, particularly in valuation, reporting, or capital management.Honours Degree in Actuarial Science (or equivalent).Strong working knowledge of IFRS 17.Experience with actuarial modelling software (e.g., Prophet).Exposure to data visualisation tools (Power BI or similar) advantageous.A collaborative mindset with the ability to thrive in a team with multiple deliverables. Please note that by submitting your personal information to Deka Minas you free-willingly issue the business consent to make use of such data for the specific purpose of securing you either permanent or temporary employment. Our business makes use of a POPIA compliant database and you have the right to access, right to correction and right to deletion of your personal information.

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