Actuarial Reporting Manager: Group Actuarial

18 hours ago

Johannesburg, Gauteng, South Africa Old Mutual Full time R400 000 - R600 000 per year

Let's Write Africa's Story Together

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

An exciting opportunity exists within the Group Actuarial team that offers exposure to all the businesses within the Old Mutual Limited Group.

The Actuarial Reporting Manager leads a multi-disciplinary team to deliver high-quality results and commentary for Board and market disclosures, change initiatives (automation, template redesign, enhancements to HFM and DataTech - reporting and calculation systems) and ensures robust governance (L1/L2 reviews). 

There is wide stakeholder engagement necessary, and the role interacts across all clusters, Treasury and Finance Markets, Group Risk and Group Reporting and Insights.

Key Result Areas

  • Financial Reporting – Consolidation, analysis and reporting of IFRS profits and Value measures for OML.  Manage the Group Actuarial review process, metric tracking and additional information for the Executives and Investor Relations.   

  • SAM / Regulatory Capital reporting – Support the Group Actuarial Capital team with the Annual Prudential Standards submissions; coordinate annual S&P and IAIS processes and ensure high-quality presentations through L1/L2 reviews.

  • Business support – Provide technical actuarial support to the business on reporting, systems and project deliverables.

  • Process efficiency and automation – Ensure processes and systems (HFM, DataTech etc.) are efficient, robust, fit for purpose and operated within an adequate and effective control environment. 

  • Ad-hoc/Project work – Support the delivery of project initiatives across the business.   

  • People Leadership - Lead high performance team, coach, cross-skill and portray a positive solutions-oriented mindset.

Skills, Qualifications & Experience required

  • Qualified Actuary with at least 8 year's relevant life insurance reporting experience. 

  • Strong technical understanding of different reporting frameworks e.g. IFRS / MCEV and Prudential Standards.

  • Experience leading a team.

  • Ability to think strategically and provide insight.

  • Excellent communication skills (both written and verbal)

  • Experience leading a team.

  • Strong stakeholder engagement skills and ability to collaborate effectively across various teams within the business.

  • The following experience is required:

    • Technical IFRS 17 knowledge

    • Use of Reporting and Actuarial Modelling systems and data design

    • Experience in process re-engineering

Please note: the appointments may be made at a lower role size depending on the successful candidates' experience and exam progress. 

Skills

Action Planning, Adaptive Thinking, Agile Project Management, Data Compilation, Data Controls, Executing Plans, Financial Acumen, Identifying Customer Needs, Information Management, Insurance Product Management, Insurance Sales, Legal Practices, Negotiation, Policies & Procedures, Risk Management, Workflow Management

Competencies

Balances StakeholdersBuilds Effective TeamsBuilds NetworksBusiness InsightCommunicates EffectivelyDecision QualityEnsures AccountabilityFinancial Acumen

Education

Bachelors Degree (B): Actuarial Science (Required)

Closing Date

04 December 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story

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