Head of Life Evaluations

6 months ago


Parktown, South Africa Hollard Recruitment Full time

**Job Advert Summary**:
Helloan exciting new opportunity has just come available in our HINT, Actuary** **area. We are looking to recruit a Head of Life Evaluations.

As the Head of Life Valuation, your primary role is to oversee and conduct actuarial valuations for the life assurance business across various countries within our organization. This pivotal position involves providing actuarial support to the business, managing key projects, and assisting the statutory actuary in meeting regulatory reporting requirements. Through these responsibilities, you will significantly contribute to enhancing the profitability and overall effectiveness of the business in achieving its objectives.

If you are a qualified actuary with a proven track record in life insurance, possessing the skills and expertise outlined above, we invite you to join our dynamic team. Be a key player in shaping the success of our business and making a lasting impact in the insurance industry.

Willingness to engage in international travel, primarily within Africa.

Conducting valuations of policy liabilities and articulating key profit drivers.

Calculating embedded values, assessing investment returns, and analysing return on capital.

Generating budget projections and offering strategic advice for future initiatives.

Providing support for IFRS17 implementation and ensuring actuarial reporting readiness.

Mentoring and reviewing the work of valuation actuarial analysts.

Delivering valuable insights to both internal and external stakeholders.

Assisting in the preparation of periodic actuarial reporting.

Daily management of the valuation team.

**Required Knowledge and Experience**:
8 years of experience in life insurance, preferably in a reserving or reporting role

Ability to build strong relationships across diverse stakeholders, internally and externally, and in various countries and cultures.

Excellent verbal and written communication skills.

Demonstrated leadership capabilities.

Ability to thrive under pressure while meeting internal and external deadlines.

Strong problem-solving skills with meticulous attention to detail.

Commitment to excellence in execution and delivery.

Exceptional numerical and analytical skills.

Proficiency in IT skills (MS Office, SQL Server, working with large datasets).

Capacity to work independently with mínimal supervision.

Personal Attributes:
Integrity.

Organisational skills.

Good interpersonal skills.

Ability to work under pressure.

Results and Action orientated.

Ability to present to various stakeholders.

Ability to engage and build relationships with stakeholders from different backgrounds.

Ability to make decisions and act.

**Educational Requirements**:
Qualified Actuary



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