Actuarial Manager

Network Recruitment; Johannesburg; Hybrid; ZAR 700,000 - 1,000,000; Full time

Job summary

A leading insurance company seeks an Actuarial Manager to lead a high-performing team. This role demands a Fellow or Associate Actuary with life insurance expertise, overseeing critical regulatory compliance, capital models, and mentoring talent in a collaborative, hybrid environment. Join to make a strategic impact in a dynamic sector.

Benefits

Collaborative team culture

High-impact portfolio

Flexible work model

Qualifications

• 6+ years of experience in life insurance valuations or capital modelling.
• 3+ years in a leadership role managing a team.
• Fellow or Associate Actuary qualification in Life.

Responsibilities

• Lead the development of SAM-compliant technical provisions and capital models.
• Oversee regulatory valuations, ORSA, and capital modelling.
• Mentor and grow a team of actuaries.

Skills

Leadership

Problem Solving

Financial Modelling

Stakeholder Management

Education

Fellow or Associate Actuary

Tools

Prophet

DCF methodologies

SAM

Job description

Actuarial Manager – Fellow of the Actuarial Society (Life)

Are you a qualified actuary ready to step into a leadership role that combines regulatory rigour with inventive thinking? We’re looking for a strategic Fellow or Associate Actuary with life insurance expertise to lead a high-performing actuarial team in a dynamic, niche insurance environment.

This isn’t a “tick-the-box” role. It’s for someone who thrives on complexity, influences capital and solvency strategy, and brings actuarial insight into the heart of business transformation.

Your Impact

• Lead the development and governance of SAM-compliant technical provisions and capital models
• Oversee regulatory valuations, ORSA, and capital modelling using Prophet and DCF methodologies
• Serve as the actuarial voice in boardrooms, auditor reviews, and with executive stakeholders
• Guide reinsurance strategies, new product structures, and model innovation — especially in cell-captive environments
• Mentor and grow a team of actuaries while embedding a culture of curiosity, rigour, and results
• Stay ahead of IFRS17, Prudential Standards, and Insurance Act compliance

What You Bring

• Fellow or Associate Actuary (Life) (not negotiable)
• 6+ years in life insurance valuations, modelling, or capital
• 3+ years in a leadership or team management role
• Deep experience with Prophet, SAM, and solvency capital requirement breakdowns
• Advantageous: Experience with cell-captive models or multi-entity reporting frameworks

Why This Role?

• High-impact portfolio with regulatory, financial, and client-facing exposure
• Collaborative, agile team culture where your ideas shape the actuarial roadmap
• Lead forward-thinking projects in one of the most dynamic corners of the life insurance space
• Hybrid work model