Senior Manager: Actuarial

4 weeks ago


Johannesburg, South Africa KPMG-SouthAfrica Full time
Job title/position: Senior Manager: FRM Actuarial and Insurance Risk

Number of positions: 1

Function and Business Unit: FRM Actuarial and Insurance Risk

Description of the role and purpose of the job:

Seeking a dynamic individual with highly quantitative skills within the actuarial team, advanced academics, and strong communication skills to manage engagements and take responsibility for deliverables. The role will be for actuarial senior manager (level B2).

Key responsibilities:

• Overseeing the development and validation of actuarial models for provisioning and (regulatory) capital calculation purposes.

• To take responsibility for managing client engagements or components of large scale engagements, as well as individually contributing quality work on the engagement.

• Provides technical knowledge, direction and training to people, coordinates engagement management and effectively utilises resources as appropriate.

• Manages engagements to consistently achieve specific revenue and profit objectives and deliver quality outcomes and consistently meet agreed deadlines.

• Day-to-day management of team on engagements, including coaching and providing constructive feedback.

• Increasing focus on business development, building on networks across the practice and people development activities, to manage and develop external client relationships through direct business development activity and internal people/resource management.

Take responsibility for the seamless delivery of internal projects/services, managing others and influencing key stakeholders.

Skills and attributes required for the role:

• An undergraduate qualification in a quantitative discipline such as Mathematics, Statistics, Actuarial or similar.

• Qualified Actuary

• Relevant experience within an insurer or consultancy business is desirable with at least 8 or more years of experience.

• Coding skills ( SAS, Python, R, etc.) would be an advantage.

• Experience in leading projects desired.

• Experience in current hot actuarial topics such as IFRS 17, ESG, big data and wider advisory engagements desirable.

• Other competencies that would be desired:

o Critical Analytical Thinking

o Business Acumen

o Strong Communication Skills with ability to articulate quantitative concepts to both technical and non-technical individuals

o Must be resilient

o Must be a team player

o Ability to cope with and work under pressure

Minimum requirements to apply for the role (including qualifications and experience):

• An undergraduate qualification in a quantitative discipline such as Mathematics, Statistics, Actuarial or similar.

• Relevant experience within an insurer or consultancy business is desirable with at least 8 or more years of experience.

• Qualified Actuary

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