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Actuarial Director

3 weeks ago

Randburg, Gauteng, South Africa Specd Pty Ltd Full time

Job Description:

The Head of Corporate Actuarial will be responsible for leading the corporate actuarial function, overseeing the preparation of life and non-life actuarial valuations, ensuring data integrity, and providing business insights.

Duties and Responsibilities:
  • Lead the Actuarial Team: Manage, supervise, and train staff, lead and motivate a team to achieve targets, and provide monthly reporting on key performance indicators.
  • Ensure Regulatory Compliance: Ensure all work is performed in accordance with required standards and regulations, submitting periodical reports on time.
  • Prepare Valuations: Oversee the preparation and review of monthly valuation data, ensuring timely submission to regulators.
  • Develop Pricing Models: Develop pricing models, ensure validity of assumptions, and sufficiency of pricing for COID and non-COID products.

About Us: Specd Pty Ltd is a leading insurance company specializing in employee benefits. We offer a comprehensive range of insurance products, including COID cover, occupational injuries cover, and funeral cover.