Corporate Actuarial Manager

3 weeks ago


Johannesburg, South Africa Bryte Insurance Full time

Who we are

The role holder will be responsible to oversee team to perform routine Reserving or Capital tasks as assigned requiring mínimal direct supervision; performs more complex analyses.

Key Tasks and Accountabilities

Business Accountabilities

General
- Provide actuarial services with mínimal supervision.
- Coordinate work tasks.
- Provide guidance to members of the team.
- Perform more complex analyses.
- Demonstrate increasing knowledge of relevant actuarial disciplines and procedures to be able to provide first class service to internal customers.
- Actively pursue actuarial qualification and demonstrate consistent progress toward designation.

Reserving specific
- Under general direction, support reserving, reinsurance analysis, or market-facing business units in support of business objectives, and annual IFRS audit.
- With appropriate review and guidance from Management coordinate, prepare, and perform actuarial analyses including and premium projections, consultation on actuarial models, and risk-based capital issues.
- Support finance, market-facing business units, claims, risk, capital management, and other functions on reserving, and strategic business decisions.

Capital specific.
- Under general direction, support capital modelling, data quality, regulatory returns, and audits.
- With appropriate review and guidance from Manager, coordinate, prepare and perform actuarial analyses including collection of information from various stakeholders across the business.
- Business Support specific
- Support actuarial services related to Risk Based Capital model development, parameterisation, and allocation activities.
- Perform data analytics and/or reinsurance analysis.

Relationships

Internal
- Actuarial business partners
- Underwriting
- Claims
- Finance (FAR and PPM)
- Senior management/executives

External
- Head Actuarial Function
- Auditors (external and internal)
- Underwriting management agency (UMA) partners
- Network of contacts within the actuarial profession

Qualification & Experience
- University degree in actuarial science, statistics, mathematics, or a related field.
- Good progress with exams, displaying strong technical knowledge.
- Three to seven years of experience in an actuarial environment.
- Self-motivation and drive.
- Professional, enthusiastic, and positive attitude.
- Able to meet deadlines and work under pressure.

Knowledge
- Strong knowledge of actuarial professional guidance and relevant legislation.
- Strong knowledge of the insurance industry's trends, directions, major issues, regulatory considerations, and trendsetters.

Technical Skills
- Proficiency in English with a preference for proficiency in at least one other language.
- Effective intermediate oral and written communication, presentation, and interpersonal skills.
- Advanced knowledge of and ability to use spreadsheet software.
- Advanced knowledge of techniques and tools that promote effective analysis and the ability to determine the root cause of organizational problems and create alternative solutions that resolve the problems in the best interest of the business.

Closing Date: 21 March 2024



  • Johannesburg, South Africa SPECD (Pty) Ltd Full time

    Gauteng, JHB - Northern Suburbs - Monthly Basic Salary (Market related, Negotiable) **We are recruiting for the position of a** HEAD OF CORPORATE ACTUARIAL to join a leading insurance company, that specialises in offering of insurance products for employees across many industries, assisting with COID cover, occupational injuries cover, funeral cover and...


  • Johannesburg, South Africa Antal International Full time

    A leading reinsurer based in Johannesburg is looking for a Corporate Actuarial Analyst/Senior Analyst (Non-Life). If you have experience with IFRS17, having significant progress towards completing your actuarial exams and are an Actuarial Analysts with experience in the Life sector and are interested in transitioning to Non-Life or a Non-Life Actuarial...


  • Johannesburg, South Africa Bryte Insurance Company Limited Full time

    Description The role holder will be responsible for the reserving and capital functions across the group: short term, and life insurance; South Africa and Botswana. Requirements Key Tasks & Accountabilities General Accountable for the strategy and operating model of the corporate actuarial department. Demonstrate increasing knowledge of relevant...


  • Johannesburg, South Africa Moving Heads Personnel Full time

    **Corporate Actuarial Analyst (Non-Life)** **Johannesburg** This technical IFRS17 position is available within our Corporate Non-Life Actuarial Business Unit and reports into the Operational Manager for Non-Life Actuarial. - Part of the team responsible for the local implementation of IFRS 17: (Challenging results and drivers, assessing adherence to the...

  • Corporate Actuarial

    1 month ago


    Johannesburg, South Africa Moving Heads Personnel Full time

    **Reserving**: Produce IFRS 17 valuations at levels that are appropriate and fit for purpose for the business, to be used as the basis for relevant international accounting standards purposes which conform to professional requirements. Managing the extraction, processing and reconciling data. This includes further automation of these processes to ensure...


  • Johannesburg, South Africa Adzuna ZA B C2 Full time

    Short-Term Capital and Reserving Actuarial ManagerIn this role, you will be responsible for leading our actuarial team in the development and implementation of short-term capital and reserving strategies.Responsibilities:Lead the development of short-term capital and reserving strategies to support business goalsAnalyze and interpret actuarial data to...


  • Johannesburg, South Africa Network Recruitment Full time

    Short-Term Capital and Reserving Actuarial ManagerIn this role, you will be responsible for leading our actuarial team in the development and implementation of short-term capital and reserving strategies.Responsibilities:Lead the development of short-term capital and reserving strategies to support business goalsAnalyze and interpret actuarial data to...


  • Johannesburg, South Africa Network Recruitment Full time

    Short-Term Capital and Reserving Actuarial Manager In this role, you will be responsible for leading our actuarial team in the development and implementation of short-term capital and reserving strategies.Responsibilities: Lead the development of short-term capital and reserving strategies to support business goals Analyze and interpret actuarial data to...

  • Actuarial Specialist

    4 weeks ago


    Johannesburg, South Africa Edge Executive Search Full time

    Actuarial Specialist - 2023-06-23 - 2023-07-07 - Permanent - Tea000107 - Banking- Gauteng, JHB - Central - Annually Cost To Company (Negotiable)- The role of the Pricing Actuarial Specialist is to support the Head: Actuarial Short Term & Life with all product development and pricing functions. The Pricing Actuarial Specialist will clean, consolidate,...

  • Actuarial Analyst

    1 month ago


    Johannesburg, South Africa Nedbank Full time

    **Job Classification** **REQ: 111812 - Refilwe Falatsi** **Closing Date: 13 January 2023** **Equity Statement: Preference will be given to individuals from underrepresented groups.** **Cluster** - Nedbank Wealth Cluster - Nedbank Insurance Division- Functional Area: Corporate Actuarial- Job Family- Risk, Audit and Compliance - Career Stream- Actuarial -...


  • Johannesburg, South Africa Adzuna ZA B C2 Full time

    Job & Company Description:This is a leading German Insurance company with a global footprint and a very rich history, both locally and internationally. They believe in developing top leaders and growing the careers of their employees. This is an actuarial management opportunity and the role will offer a holistic approach in the Non-Life Actuarial space. This...


  • Johannesburg, South Africa Network Recruitment Full time

    Job & Company Description:This is a leading German Insurance company with a global footprint and a very rich history, both locally and internationally. They believe in developing top leaders and growing the careers of their employees. This is an actuarial management opportunity and the role will offer a holistic approach in the Non-Life Actuarial space. This...


  • Johannesburg, South Africa Network Recruitment Full time

    Job & Company Description: This is a leading German Insurance company with a global footprint and a very rich history, both locally and internationally. They believe in developing top leaders and growing the careers of their employees. This is an actuarial management opportunity and the role will offer a holistic approach in the Non-Life Actuarial space....

  • Actuarial Analyst

    5 days ago


    Johannesburg, South Africa Nedbank Full time

    **Job Classification** - **REQ: 133079 - Refilwe Falatsi**: - **Division: Nedbank Insurance | CSA**: - **Closing Date: 31 May 2024**: - **Employment Equity Statement: Preference will be given to individuals from underrepresented groups.** - Job Family- Risk, Audit and Compliance - Career Stream- Actuarial - Leadership Pipeline- Manage Self:...

  • Actuarial Manager

    3 weeks ago


    Johannesburg, Gauteng, South Africa Nedbank Full time

    Job ClassificationREQ: Refilwe Falatsi Closing Date: 10 May 2024 Division: Nedbank Insurance | Client Solution Actuarial Employment Equity Statement: Preference will be given to Individual from underrepresented groups. Job FamilyRisk, Audit & ComplianceCareer StreamActuarialLeadership PipelineManage Self TechnicalFAIS AffectedJob PurposeThis role provides...

  • Actuarial Manager

    1 month ago


    Johannesburg, Gauteng, South Africa Nedbank Full time

    Job ClassificationREQ: Refilwe Falatsi Closing Date: 26 April 2024 Division: Nedbank Insurance | Client Solution Actuarial Employment Equity Statement: Preference will be given to Individual from underrepresented groups. Job FamilyRisk, Audit & ComplianceCareer StreamActuarialLeadership PipelineManage Self TechnicalFAIS AffectedJob PurposeThis role provides...


  • Johannesburg, South Africa Adzuna ZA B C2 Full time

    This is a leading Insurance company that is committed to delivering exceptional value to their clients through innovative solutions and expert insights.Role Overview:We are seeking a dynamic and experienced Actuary to join our team as the Short-Term Capital and Reserving Actuarial Head. In this role, you will be responsible for overseeing the short-term...


  • Johannesburg, South Africa Adzuna ZA B C2 Full time

    This is a leading Insurance company that is committed to delivering exceptional value to their clients through innovative solutions and expert insights.Role Overview:We are seeking a dynamic and experienced Actuary to join our team as the Short-Term Actuarial Executive. In this role, you will be responsible for overseeing the short-term capital and reserving...


  • Johannesburg, South Africa Network Recruitment Full time

    This is a leading Insurance company that is committed to delivering exceptional value to their clients through innovative solutions and expert insights.Role Overview: We are seeking a dynamic and experienced Actuary to join our team as the Short-Term Actuarial Executive. In this role, you will be responsible for overseeing the short-term capital and...


  • Johannesburg, South Africa Network Recruitment Full time

    This is a leading Insurance company that is committed to delivering exceptional value to their clients through innovative solutions and expert insights.Role Overview: We are seeking a dynamic and experienced Actuary to join our team as the Short-Term Actuarial Executive. In this role, you will be responsible for overseeing the short-term capital and...