Corporate Actuarial Director

2 days ago


Johannesburg, Gauteng, South Africa SPECD Pty Ltd Full time
About SPECD Pty Ltd

SPECD Pty Ltd is recruiting for the position of a HEAD OF CORPORATE ACTUARIAL to join a leading insurance company that specializes in offering insurance products for employees across many industries. Reporting to the Executive Actuary, the Head of Corporate Actuarial will be responsible for overseeing a team of actuarial professionals that will ensure all life and non-life actuarial valuations are prepared timeously and accurately.

Duties & Responsibilities
  1. Management of the actuarial function:
  • Oversee both the actuarial teams working on the COID business as well as the Life Business and providing support to the AIT (IT) business.
  • Timeously respond to actuarial queries from the regulators (FSB/SARB/SARS).
  • Plan and budget actuarial matters and maintain a timetable of submission (financial projections).
Staff management and monthly reporting:
  • Manage, supervise, and train staff.
  • Lead and motivate a team to achieve targets.
  • Monthly reporting of the Key Performance indicators for the actuarial reporting function.
Regulatory compliance:
  • Ensure that all work is performed in terms of required standards and regulations.
Key Performance Indicators
  • Accuracy of actuarial valuations.
  • Timeliness of actuarial submissions.
  • Staff retention and training.


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