Head of Capital and Balance Sheet Management:

2 weeks ago

Johannesburg, South Africa PPS Recruitment Full time

**Job Advert Summary**:
The Head of Capital & Balance Sheet Management in Actuarial Services provides effective leadership and management to the Actuarial Services Capital team, and will be responsible for capital management, investment management, adequacy of re-insurance programs, solvency and statutory reporting with a key focus on Own Risk and Solvency deliverables and Enterprise Risk Management. This position will have interaction with other teams within the Actuarial Services department, as well as with other departments within the broader PPS Group. It is also expected that the incumbent interacts with the Statutory Actuary and the Group’s external auditors. The role will report to the Group Executive: Actuarial Services.

**Minimum Requirements**:
**Qualifications**:

- Matric.
- Completed university honours degree majoring in Actuarial Science.
- Attained a Fellowship within the Actuarial Society of South Africa (ASSA), Institute or Faculty of Actuaries (UK) or another recognised body, i.e a qualified actuary.
- Advanced computer knowledge - MS Outlook, Excel and Word are necessary, and some PROPHET including DCS (actuarial software) knowledge is preferable.
- A working knowledge of SQL, VBA and other coding languages will be preferred.

**Experience**:

- Must have at least 5 years’ experience in the Life Insurance actuarial environment, and experience of Solvency Capital and Economic Capital principles will be preferable.
- Attention to detail is critical.
- Good verbal and written communication skills and the ability to lead a team of 3-5 actuarial resources.

**Knowledge**:

- Knowledge of actuarial principles and retail insurance products.
- Knowledge and background of the financial services industry.
- Ability to write reports and present technical concepts to senior management, Committees and the Board.
- Knowledge of various asset classes, characteristics and risks.

**Interpersonal and Intrapersonal Skills**:

- Organisational and management skills.
- Confident.
- Self-starter.
- Persuasive and influential.
- Target-Driven.
- Manages expectations.
- Resilient.
- Responsible & accountable.
- Resourceful problem solver.

**Duties and Responsibilities**:

- Directs and develops goals for the Actuarial Services Capital team.
- Responsible for regular actuarial investigations, including asset liability modelling, reinsurance, economic capital calculations as well as stress & scenario testing and risk appetite. This will involve:

- Monitor solvency and demonstrate capital optimisation through the development and calculation of accurate Economic Capital metrics that are used as a decision-making tool in developing strategy, setting budgets and allocation of capital.
- Regular (re)development of economic capital calculation models to ensure alignment to regulatory, PPS policies & frameworks and business requirements.
Ensure all assets and investments are managed optimally to ensure investment objectives are met, either to maximise risk adjusted returns or to match liabilities effectively, setting mandates and implementing asset-liability matching procedures.
- Provide actuarial inputs into the ORSA and related reports.
- Responsible for the completion of statutory returns, particularly the SAM Qualitative return and Market Risk component of the Quantitative Return.
- Alignment of PPS Corporate Actuarial Department output with published ASSA Guidance notes, PPS policies & framework and other regulatory requirements.
- Responsible for adherence to PPS SAM policies and frameworks.
- Alignment to proposed regulatory and best practice changes in South Africa and Namibia.
- Support reporting to the Boards, Risk Committee and Actuarial Committee.
- Management of Capital in the group.

  • Finance Business Partner

    3 days ago

    Johannesburg, South Africa Hollard Recruitment Full time

    **Job Advert Summary**: Manage Opex reporting reprocess ensuring that all month end journals are processed to correct GL accounts and cost centre. Communicate Opex monthly results to cost centre managers and attend to queries flowing from EVR discussion. Overall Opex management - budget and forecast management for support areas. Balance sheet management -...

  • Head: Funding and Vbm

    2 days ago

    Johannesburg, South Africa Nedbank Full time

    **Job Family** - Risk, Audit and Compliance **Career Stream** - Enterprise Wide Risk Management **Leadership Pipeline** - Manage Managers **Job Purpose** - The Head of Funding and Value Based Management will play a strategic role in driving and facilitating Nedbank's Strategic Portfolio Tilt Strategy, funding strategy for the Group, and capital markets...

  • Bookkeeper to Balance Sheet/ Assistant Financial

    7 days ago

    Johannesburg, South Africa AIM Personnel Services Full time

    Are you a dynamic financial professional eager to take your career to new heights? We urgently require a Balance Sheet Bookkeeper/ Assistant Financial Accountant WITH at least 10 years’ experience in accounting principles, preferably in the Manufacturing Industry. EXPERIENCE REQUIRED: - Preparing financial reports - monthly management statements -...

  • Head of Human Capital

    Found in: beBee S ZA - 3 weeks ago

    Gauteng, Johannesburg, South Africa AUDA - NEPAD Full time

    AUDA – NEPAD’s job vacancy, Career and Recruitment Job title : Head of Human Capital jobs in Gauteng Job Location : Gauteng, Johannesburg Deadline : April 25, 2024 Quick Recommended Links Jobs by Location Job by industries Required Skills and Competencies Experience in formulating regional strategies and capacity-building work within member states...

  • Head: Debt Capital Markets

    7 days ago

    Johannesburg, South Africa Nedbank Full time

    **Job Purpose** - Lead a team of bond market transactors responsible for the origination and execution of bond transactions in SA and the rest of Africa - Foster collaboration with bond syndicate, coverage and other debt finance teams in arranging or participating in primary market bond transactions in South Africa or offshore - Develop deal pipeline and...

  • Manager - Impairments

    2 days ago

    Johannesburg, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary To...

  • Head, Funds Transfer Pricing

    Found in: beBee S ZA - 3 weeks ago

    Gauteng, Johannesburg, South Africa Standard Bank Group Full time

    Standard Bank Group’s job vacancy, Career and Recruitment Job title : Head, Funds Transfer Pricing jobs in Gauteng Job Location : Gauteng, Johannesburg Deadline : April 18, 2024 Quick Recommended Links Jobs by Location Job by industries Job Description To establish, lead and drive the strategy and direction of Funds Transfer Pricing (FTP) across the...

  • Accounting and financial control manager

    Found in: beBee jobs ZA - 1 week ago

    Johannesburg, Gauteng, South Africa Michael Page Full time

    About Our Client The client is in the Telecoms industry Job Description Primary Responsibilities and Accountabilities Manage the accounting month end closing process in a timely and good quality manner.Provides Guidance and support for below key closing functions performed by SSC teams,Treasury & Leasing General Accounting,Credit Management & Collections,...

  • Accounting and financial control manager

    Found in: beBee S ZA - 3 weeks ago

    Johannesburg, South Africa Michael Page Full time

    About Our Client The client is in the Telecoms industry Job Description Primary Responsibilities and Accountabilities Manage the accounting month end closing process in a timely and good quality manner.Provides Guidance and support for below key closing functions performed by SSC teams,Treasury & Leasing General Accounting,Credit Management & Collections,...

  • Head Business Insights

    4 days ago

    Johannesburg, South Africa AWCA Human Capital Full time

    **Head: Business Insights** Key purpose of the role The purpose of this role is to set up and lead the Business Insights function for a financial services Group. This includes optimizing existing and embedding new processes to facilitate the budgeting, forecasting and cash flow reporting across the Group into a consistent, disciplined function; producing...

  • Capital Analyst

    4 days ago

    Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - To manage the group’s capital to ensure sustainability and growth by targeting the optimal level and composition of capital within risk appetite in a manner that maximises shareholder value and gives comfort to a range of stakeholders The capital management team is responsible...

  • Financial Controller

    7 days ago

    Johannesburg, South Africa Dimension Data Full time

    The Financial Operations Controller is an advanced level role in the Management Accountants job family. They operate at a national level in medium to advanced complexity environments. The Financial Controller will also ensure that all accounting-related tasks are professionally executed according to company and legal requirements. **Requirements **Part of...

  • Group Capital Portfolio Manager

    2 weeks ago

    Johannesburg, South Africa People Source Full time

    **The Manager**: Group Capital Portfolio Management role is accountable to responsible to support and execute on the Group Capital Management Strategy with the objective of actively managing consolidation capital portfolio performance across the group. The key responsibilities of the role include; Capital Portfolio Management; Capital/Investment Due...

  • Human Capital Generalist

    7 days ago

    Johannesburg, South Africa Unitrans Recruitment Full time

    **Job Advert Summary**: The HR Generalist: is an HR Proffessional with extensive experience in the full employee life cycle and best practices in Human Resources. IR management experience will be critical in this role, especially the ability to execute on multiple contracts. **Minimum Requirements**: - Bachelor’s Degree in Human Resources or related...

  • Capital Analyst

    2 days ago

    Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - FirstRand Limited (FirstRand) is the holding company of the FirstRand group of companies. These companies are engaged in diverse financial services activities in the areas of retail, corporate, investment and merchant banking, asset and property management. The capital management...

  • Human Capital Manager

    4 days ago

    Johannesburg, South Africa The Metamorphosis Company Full time

    **Key Job Output** Recruitment policy and procedure applied by all Line managers Ensure transparent and thorough recruitment process Ensure buy in and implementation of action plans to attain Business Transformation Target Maintain compliance with relevant legislation, policies and procedures Ensure total EE Forum structure is fully functional...

  • Capital Controller

    2 days ago

    Johannesburg, South Africa Glencore Full time

    Capital Controller Glencore Copper Africa (Pty) Ltd Melrose, Johannesburg Ref. No. GCA111 1. ACCOUNTABILITY: Reporting to and supporting the Finance Lead: Copper Africa, this role is responsible for support in executing all activities and deliverables within the Capital management and projects function for Copper Africa. General activities include...

  • Senior Actuarial Analyst

    1 day ago

    Johannesburg, South Africa PPS Recruitment Full time

    **Job Advert Summary**: **Purpose of the Job**: As part of the Actuarial Services Capital team, support the Senior Manager: Actuarial Services Capital & Balance Sheet Management to delegate its duties with regard to capital management, investment management, adequacy of re-insurance programs, solvency reporting and statutory reporting. This position will...

  • Head of Finance and Administration

    3 days ago

    Johannesburg, South Africa Excellerate Full time

    **Main purpose / objective of the position**: To ensure that finance is seen as a value adding business partner (Business, Tenants, Property Asset Management and External clients). Develop Finance's influence in the making of business decisions. To oversee and manage all aspects of the Client Portfolio Financial Department. To develop systems that cater for...

  • Analyst: Capital Management and Projects

    2 days ago

    Johannesburg, South Africa Glencore Full time

    Analyst: Capital Management and Projects Glencore Copper Africa (Pty) Ltd Melrose, Johannesburg Ref. No. GCA113 1. ACCOUNTABILITY: Reporting to and supporting the Senior Analyst: Capital Management and Projects, this role is responsible for support in executing all activities and deliverables within the Capital management and projects function for Copper...