Actuarial Valuations Director

3 days ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time

We are seeking a highly skilled Actuarial Valuations Director to join our team at Network Recruitment. This is a fantastic opportunity for an experienced actuary to take on a leadership role and lead our actuarial valuations, financial reporting, and compliance with industry standards.

About the Role

This senior-level position involves leading and managing key actuarial deliverables, including life product valuations and capital requirement assessments. The successful candidate will be responsible for ensuring accurate and timely reporting for regulatory submissions (SAM, ORSA, SARB, CBR). They will also work closely with business teams to influence strategy and contribute to budgeting processes.

The ideal candidate will have advanced skills in Excel, VBA, and SQL, as well as experience in actuarial valuations for a life company, SAM, and ORSA. A University Degree in Actuarial Science, Investment Management, Quantitative Finance, or related field is required, along with AMASSA qualification or equivalent from a recognized Actuarial Society.

Responsibilities
  • Lead actuarial valuations, financial reporting, and compliance with industry standards.
  • Collaborate with business teams to influence strategy and contribute to budgeting processes.
  • Mentor and provide development opportunities for junior actuarial staff.
  • Ensure accurate and timely reporting for regulatory submissions (SAM, ORSA, SARB, CBR).
  • Manage key actuarial deliverables, including life product valuations and capital requirement assessments.
  • Present complex actuarial concepts to non-actuarial stakeholders.
Requirements
  • University Degree in Actuarial Science, Investment Management, Quantitative Finance, or related field.
  • AMASSA qualification or equivalent from a recognized Actuarial Society.
  • Experience in actuarial valuations for a life company, SAM, and ORSA.
  • Advanced skills in Excel, VBA, and SQL.
  • Leadership and team management experience.
  • Understanding of wealth and investment products.

Salary: We estimate the salary range for this position to be between $120,000 and $180,000 per annum, depending on experience.



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