Chief Actuarial Officer Life

6 days ago


Sandton, South Africa Guardrisk Group Full time
Job Description

We are seeking a highly skilled and experienced Chief Actuarial Officer to lead our Life Insurance Financial Reporting team. The ideal candidate will have a deep understanding of IFRS 17 accounting standards and experience in implementing and maintaining actuarial models for insurance liabilities.

The successful candidate will be responsible for delivering end-to-end IFRS 17 reporting for Guardrisk Life, including quarterly, bi-annual and annual modelling requirements. This will involve coordinating with stakeholders across Group, BSM (Life) and Finance, as well as HAF and external audit.

We are looking for a strong leader who can effectively manage and oversee the implementation of IFRS 17 accounting standard, ensuring timely and accurate adoption across the organization. The ideal candidate will also have excellent communication and interpersonal skills, with the ability to liaise with auditors, regulators and other key stakeholders.

  • Key Responsibilities:
  • Lead the on-going implementation of IFRS 17 accounting standard, ensuring timely and accurate adoption across the organization.
  • Co-ordinate and lead the maintenance and management of the data, models and systems used for IFRS 17 reporting.
  • Deliver end-to-end IFRS 17 reporting for Guardrisk Life, including quarterly, bi-annual and annual modelling requirements.
  • Liaise with auditors, regulators and other key stakeholders to ensure smooth audit processes related to IFRS 17 reporting.

Requirements:

  • At least 5-10 years experience in Life Insurance reporting.
  • At least 3 years people management experience.
  • In depth experience with implementation of, and actuarial reporting on, International Financial Reporting Standard 17 (IFRS17) basis essential.
  • Insurance liability modelling experience.
  • Group consolidation and reporting experience advantageous.
  • Bachelor's Degree in Actuarial Science.
  • Fellow of the Actuarial Society of South Africa.


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