Actuarial Analyst

Communicate Recruitment; Johannesburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading recruitment agency in Johannesburg is offering a unique opportunity for a qualified or nearly qualified actuary. The role involves providing actuarial audit support, conducting valuations, and enhancing risk management processes for diverse clients in the insurance and retirement sectors. Ideal candidates should possess strong IFRS knowledge, excellent communication skills, and an entrepreneurial mindset, contributing to a dynamic actuarial function.

Qualifications

• Qualified or nearly qualified actuary required.
• Experience in audit support necessary.
• Strong knowledge of IFRS 17 and IAS 19 expected.

Responsibilities

• Provide actuarial audit support for clients.
• Review technical provisions and draft audit reports.
• Conduct actuarial modelling and valuation work.

Skills

Actuarial audit support

IFRS 17

Communication skills

Analytical skills

Entrepreneurial mindset

Education

Qualified or nearly qualified actuary

Tools

Prophet

SQL

Python

SAS

Power BI

Job description

SUMMARY :

Take the next step in your finance career

POSITION INFO :

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 (life and general), retirement funding, and scheme sectors
• Review technical provisions, IAS 19 liabilities, and IFRS 17 liabilities, including drafting of audit reports
• Participate in IFRS 17 engagements, including transition assessments and policy impact analysis
• Conduct actuarial modelling and valuation work for liabilities, due diligence, reinsurance, capital optimisation, and dashboards
• Assess actuarial functions and assist clients in enhancing risk management processes, including model reviews and operating structure improvements
• Perform research, data collection, and analysis to produce actionable recommendations
• Engage professionally with internal and external stakeholders, including clients and suppliers
• Support operational activities related to the establishment of the actuarial business unit
• Contribute to business development through proposal writing and thought leadership initiatives

Job Experience and Skills Required :

Qualified or nearly qualified actuary

• Experience in audit support across insurance, retirement funds, or medical schemes
• Strong knowledge of IFRS 17, IAS 19, ISA 540, SAM, and reserving methodologies
• Familiarity with actuarial tools and platforms (e.g., Prophet, SQL, Python, SAS, Power BI)
• Excellent communication and business writing skills
• Entrepreneurial mindset with attention to detail and a drive for excellence.