Head: Actuarial and Risk

3 days ago


Johannesburg, South Africa PPS Recruitment Full time

**Job Advert Summary**:
To assume responsibility, initiate strategy and oversee the delivery of actuarial and risk-related activities within the PPS Short-Term Insurance business. This position will be a junior Executive Committee position.

**Minimum Requirements**:
**Qualification**:

- Degree in Actuarial Science
- Qualified Fellow Actuary

**Knowledge & Experience**:

- 10 years.
- Experience in the Short-Term Insurance Industry.
- Project Management.
- Strategic Thinking and Business Acumen.
- Enterprise Risk Management experience will be beneficial.
- Strong technical and problem-solving skills.
- Senior stakeholder reporting, engagement, and communication skills.

**Duties and Responsibilities**:

- Initiate and oversee strategic objectives for the Actuarial and Risk Department.
- Oversight of the maintenance, updating, implementation and delivery of first-line corporate actuarial items (including regulatory reporting, reserving, regulatory and economic capital calculations).
- Be responsible for the design, implementation and delivery of pricing and product development strategies and activities (including reinsurance).
- Assume responsibility for the continued embedment of the PPS Enterprise Risk Management Framework (including the maintenance, enhancement, coordination, and reporting on Combined Assurance activities) within the business.
- Ownership of the entire ORSA process.
- Manage and develop a small team of individuals.
- Reporting on departmental activities and strategic outcomes.
- Development of strategies and solutions for business challenges.
- Development and maintenance of strong processes and working relationships with various stakeholders in the company and the wider Group.


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