Actuarial Leadership Role

2 days ago

Johannesburg, Gauteng, South Africa The Recruitment Council Full time
Job Title: Actuarial Leadership Role

The Recruitment Council is seeking a highly skilled Actuarial Leadership Role candidate to join our team as a Junior Actuarial Manager.

This role offers an exciting opportunity for a motivated individual to make a significant impact in the actuarial field while leading a dedicated team toward achieving business objectives.

Key Responsibilities:

  • Business Requirements Identification: Elicit and document complex business requirements using various methods, such as interviews and workshops, while analyzing root causes and developing solutions that align with business objectives.
  • Stakeholder Engagement: Collaborate with internal and external stakeholders to understand their needs, communicate project progress, and ensure timely delivery of analyses.
  • Actuarial Modeling: Develop, maintain, and implement actuarial models and processes that accurately estimate business realities, ensuring models are well-documented and regularly monitored for performance.
  • Data Collection & Analysis: Utilize diverse data sources to analyze key business themes, extract and verify data for actuarial models, and ensure alignment with credible data sources.
  • Model Deployment and Testing: Plan and execute systems changes, engage with users for requirements, conduct impact and sensitivity analyses, and maintain documentation for model deployment.
  • Insights and Reporting: Design and create reporting strategies, lead the execution of complex reports, and communicate actionable insights to stakeholders.
  • Leadership and Direction: Motivate the team to implement the actuarial strategy, ensure accountability for performance objectives, and manage talent development and succession planning.
  • Improvement and Innovation: Identify shortcomings in existing practices, suggest improvements, and stay updated with industry developments to proactively develop solutions.
  • Operational Compliance: Monitor compliance with organizational and regulatory standards, maintaining professionalism in accordance with the Actuarial Society of South Africa.
  • Building Capability: Mentor and coach staff to enhance their technical and professional skills, ensuring continuous development in data analysis and modeling techniques.

Salary: $120,000 - $150,000 per annum

Required Skills and Qualifications:

  • Education: Bachelors or Honours degree in Actuarial Science or a related field; progress towards Actuarial qualification is essential.
  • Experience: Minimum of 4 years of actuarial experience in a short-term insurance environment; at least 13 years of managerial experience in resource planning and management.

Benefits: Comprehensive benefits package, including medical aid, retirement fund, and annual bonus.

Location: The Recruitment Council offices located in major cities across the country.

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