Senior Actuary
1 month ago
We are seeking an experienced Senior Actuary to join our team at Network Recruitment. This is a key leadership position responsible for developing and implementing product development, pricing, and product management strategies across our business.
Key Responsibilities- Supporting Leadership: Collaborate with the Head of Actuarial Function to prepare reports for management and board committees, including statutory reports.
- Product Strategy: Develop and implement product development, pricing, and product management strategies across the business.
- Model Governance: Manage and govern model governance processes.
- Project Leadership: Lead various ad-hoc projects related to product management, valuation bases, solvency, and financial reporting.
- Reporting and Review: Review and report on matters related to the Actuarial Function within the organization.
- Collaboration: Work closely with the Head of Risk and Capital Analytics on capital, stress testing, and solvency projections.
- Professional Qualifications: Registered with the Actuarial Society of South Africa (ASSA) or a similar professional body. Qualified Actuary (FASSA, AMASSA, or equivalent).
- Experience: At least 5 years of post-qualification experience with exposure to financial reporting.
- Long-term Insurance Products: Strong understanding of long-term insurance products and product management.
- Financial Reporting: Extensive experience with financial reporting (IFRS, EV, SAM) in a life insurance company.
- Communication: Excellent communication, presentation, and report writing skills.
- Relationship Building: Ability to build strong relationships with colleagues and stakeholders, while maintaining awareness of the regulatory and commercial environment.
- Project Management: Strong project and process management skills with the ability to engage effectively with senior management.
- Attention to Detail: Meticulous attention to detail and a commitment to technical excellence.
- Time Management: Ability to manage competing demands and deadlines.
- Self-Starter: A self-starter with a strong desire to add value and drive development.
Estimated Salary: R1,200,000 - R1,800,000 per annum, depending on experience.
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Senior Actuary Leader
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Senior Statutory Actuary Lead
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