Senior Actuarial Manager

2 days ago


Cape Town, Western Cape, South Africa Gen Re Full time

Gen Re, a leading reinsurance company, is seeking an experienced actuary to lead our South Africa operations as Senior Actuarial Manager.

About the Role

The ideal candidate will have at least 5 years of post-qualification experience in life insurance or reinsurance roles, with expertise in actuarial modeling, reserving, and financial reporting. The successful applicant will be responsible for managing our Gen Re South Africa valuation team and ensuring compliance with regulatory requirements.

Key Responsibilities
  • Ensure compliance with legal requirements, including Prudential Standard GOI 3.
  • Prepare reports and documentation for regulatory submissions.
  • Participate in peer reviews and external audits as needed.
  • Issue annual reserve opinions based on actuarial calculations, considering assets, liabilities, and risk exposure.
  • Evaluate the adequacy of reserves for insurance policies.
Requirements
  • Qualified actuary with at least 5 years post-qualification experience in life insurance or reinsurance roles.
  • Holding a practicing certificate, or being in the process of obtaining one, is advantageous.
  • Ability to lead a high-performance team, driving results and fostering innovation.

With a salary range of $120,000 - $180,000 per annum, depending on experience, this is an excellent opportunity to join a dynamic and growing organization. If you are a motivated and experienced actuary looking for a new challenge, please apply now.



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