Head of Corporate Actuarial Leadership
2 weeks ago
Specd is seeking a highly skilled and experienced Head of Corporate Actuarial to lead our actuarial function and drive business growth. As a key member of our leadership team, you will be responsible for overseeing the actuarial teams working on the COID business, Life Business, and providing support to the AIT (IT) business.
Duties and Responsibilities:
- Actuarial Function Management: Oversee the preparation of and review monthly valuation data, application of ORSA methodology and SAM processes and procedures, and maintain the integrity of actuarial and valuation data.
- Regulatory Compliance: Ensure timely submission of various periodical reports, highlights of the previous months reports, and adherence to company policies and procedures.
- Staff Management: Manage, supervise, and train staff, including actuarial teams working on the COID business and Life Business, and provide support to the AIT (IT) business.
- Reporting: Monthly reporting of Key Performance Indications for the actuarial reporting function and monthly report to FM on status of accounts and returns for EXCO submission.
Qualifications, Skills, and Experience:
- Qualification Requirements: NQF Level 7: Bachelors degree Actuarial Science, progress towards actuarial exams Qualified or nearly qualified, and Actuarial Society /Institute of Actuaries membership.
- Minimum Experience: Minimum 8 years experience in an insurance regulatory environment.
- Knowledge and Skills: Advanced Excel, insurance knowledge, reporting experience, valuation experience, life and non-life experience, knowledge of the Insurance Acts (long and short term) including SAM, IFRS17, and actuarial guidelines.
Package and Remuneration:
- Will be agreed based on qualifications, applicable experience, and previous earnings.
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