Actuary Leadership Role

3 weeks ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time
Job Description

We are seeking an experienced Actuary to join our team as a Statutory Actuary, responsible for managing and governing model governance processes.

Key Responsibilities
  • Statutory Reporting: Support the Head of Actuarial Function in preparing reports for management and board committees, ensuring compliance with regulatory requirements.
  • Product Development: Develop and implement product development, pricing, and product management strategies across the business, driving growth and profitability.
  • Model Governance: Manage and govern model governance processes, ensuring accuracy and reliability of actuarial models.
  • Project Leadership: Lead various ad-hoc projects related to product management, valuation bases, solvency, and financial reporting, collaborating with cross-functional teams.
  • Reporting and Analysis: Review and report on matters related to the Actuarial Function within the organization, providing insights and recommendations for improvement.
Requirements
  • Professional Qualification: Registered with the Actuarial Society of South Africa (ASSA) or a similar professional body, holding a Qualified Actuary designation (FASSA, AMASSA, or equivalent).
  • Experience: At least 5 years of post-qualification experience with exposure to financial reporting, preferably in a life insurance company.
Competencies
  • Insurance Expertise: Strong understanding of long-term insurance products and product management, with extensive experience in financial reporting (IFRS, EV, SAM) in a life insurance company.
  • Communication Skills: Excellent communication, presentation, and report writing skills, with ability to build strong relationships with colleagues and stakeholders.
  • Leadership Skills: Ability to manage competing demands and deadlines, drive development, and maintain technical excellence.

Estimated Salary: £60,000 - £80,000 per annum, depending on experience and location. We offer a competitive package, including benefits and opportunities for career growth.



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