Actuarial Analyst

Communicate Finance; Gauteng; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A finance recruitment agency in Gauteng is seeking a qualified or nearly qualified actuary to provide actuarial audit support for various clients in the insurance and medical schemes sectors. The ideal candidate will have strong knowledge of IFRS 17 and excellent communication skills. This position offers a unique opportunity to help build a new actuarial function and contribute to business development initiatives.

Qualifications

• Qualified or nearly qualified actuary.
• Experience in audit support across insurance, retirement funds, or medical schemes.
• Strong knowledge of IFRS 17, IAS 19, ISA, SAM, and reserving methodologies.

Responsibilities

• Provide actuarial audit support across a portfolio of clients.
• Conduct actuarial modelling and valuation work for liabilities.
• Engage professionally with internal and external stakeholders.

Skills

Actuarial audit support

IFRS 17 knowledge

Attention to detail

Communication skills

Education

Qualified or nearly qualified actuary

Tools

Prophet

SQL

Python

SAS

Power BI

Job description

Reference : CFA

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Duties & Responsibilities

Are you a qualified or nearly qualified actuary looking to shape the future of actuarial audit support?

This is a rare opportunity to join a newly established team and play a pivotal role in building a dynamic actuarial function from the ground up.

Key Responsibilities : Provide actuarial audit support across a portfolio of clients in the insurance (life and general), retirement funding, and medical scheme sectorsReview technical provisions, IAS 19 liabilities, and IFRS 17 liabilities, including drafting of audit reportsParticipate in IFRS 17 engagements, including transition assessments and policy impact analysisConduct actuarial modelling and valuation work for liabilities, due diligence, reinsurance, capital optimisation, and dashboardsAssess actuarial functions and assist clients in enhancing risk management processes, including model reviews and operating structure improvementsPerform research, data collection, and analysis to produce actionable recommendationsEngage professionally with internal and external stakeholders, including clients and suppliersSupport operational activities related to the establishment of the actuarial business unitContribute to business development through proposal writing and thought leadership initiatives

Job Experience and Skills Required

Qualified or nearly qualified actuaryExperience in audit support across insurance, retirement funds, or medical schemesStrong knowledge of IFRS 17, IAS 19, ISA , SAM, and reserving methodologiesFamiliarity with actuarial tools and platforms (e.g., Prophet, SQL, Python, SAS, Power BI)Excellent communication and business writing skillsEntrepreneurial mindset with attention to detail and a drive for excellence.

Package & Remuneration

Annually