Reserving Actuary

13 hours ago

Cape Town, Western Cape, South Africa Network2 Full time US$60 000 - US$120 000 per year
A global reinsurer is looking for an actuarial professional to join its reserving and valuations team. The role focuses on financial reporting, regulatory submissions, data analysis, and supporting enhancements to actuarial systems and models. You'll work closely with Auditors, senior team members, and international project teams while contributing to key actuarial processes and business insights.

The business is known for its technical depth, actuarial expertise, and long-standing industry reputation. It maintains a collaborative environment where specialist teams work closely with international counterparts, contributing to high-quality analytical insights, robust financial reporting, and the development of advanced risk and valuation frameworks.

Key Responsibilities:
  • Supporting the delivery of quarterly and annual financial results across multiple reporting frameworks, including international accounting and regulatory standards.
  • Contributing to statutory submissions under local risk-based capital regimes.
  • Liaising with internal stakeholders and External Auditors during the audit cycle.
  • Assisting with the ongoing enhancement of systems and models aligned to new accounting standards.
  • Interrogating data and valuation outputs to provide insight into business performance.
  • Developing and refining analytical tools to support management and compliance reporting.
  • Producing timely management information and monitoring key business metrics.
  • Partnering on cross-border projects involving new accounting standards, data architecture and related actuarial initiatives.
  • Driving automation and improvements across models and internal processes.
  • Reviewing valuation datasets for experience investigations and assumption development

Job Experience and Skills Required:
  • Education:
    • Degree in Actuarial Science, Actuarial Mathematics, Statistics, or a related quantitative field
    • Nearly or newly qualified Actuary
  • Experience:
    • Approximately 3–6 years' experience in an actuarial, reserving, or financial reporting environment
    • Exposure to reporting frameworks such as IFRS, US GAAP, or local regulatory capital regimes
    • Experience working with large datasets and actuarial/statistical modelling
    • Prior involvement in system enhancements, automation, or process improvement is advantageous
  • Skills:
    • Strong numerical, analytical, and problem-solving ability
    • Proficiency in MS Office; SQL or database experience beneficial
    • Competence in programming tools such as R or Python
    • Actuarial modelling capability; experience with actuarial software is a plus
    • Excellent communication and interpersonal skills
    • Ability to work independently and manage deadlines
    • Collaborative team player comfortable engaging with stakeholders at various levels
Apply now
 
For more exciting Actuarial and Analytics vacancies, please visit:
Network Recruitment International – Finance Jobs
 
I also specialise in recruiting in the following:
  • Actuarial: Life, Short-Term, Health, Pensions, and Quantitative
  • Data & Analytics: Data Scientists, Data Analysts (Python, R, SQL, Machine Learning)
  • Risk: Credit Risk, Market Risk, Model Risk, and Operational Risk Analysts
  • Pricing: Specialists in Insurance and Financial Products
  • AI & Machine Learning: ML Ops, NLP, Predictive Modelling Data Scientists
  • Quantitative: Experts across Banking, Insurance, and FinTech
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.

For more information, contact:
Zahrah Gani
Specialist Recruitment Consultant
Connect with me on LinkedIn

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