Actuarial Manager

Telesure Investment Holdings (Pty) Ltd.; Johannesburg; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

TIH (Telesure Investment Holdings) invites applications for a senior actuarial leadership role in Johannesburg. You will oversee a team of actuarial analysts within the Non-Life Corporate Actuarial function, delivering high-quality actuarial solutions to support strategic business objectives.

Responsibilities include overseeing SAM calculations, end-to-end reserving, IFRS17 implementation, ERM framework support, and presenting insights to senior management.

Qualifications

• Bachelor of Science: Actuarial Science required.

Responsibilities

• Manage a team of actuarial analysts and mentor them.

Education

Bachelor of Science: Actuarial Science

Tools

ResQ software

Job description

Join TIH, home to some of South Africa’s leading financial service providers, and grow your career while being part of an organisation with purpose.

Job Purpose Manage a team of Actuarial Analysts within the Non-Life Corporate Actuarial team, reporting to the Head of Corporate Actuarial. The role is responsible for driving the delivery of high-quality actuarial solutions that support strategic business objectives by effectively modelling, monitoring and interpreting key metrics. This includes ensuring robust processes, providing insights to senior stakeholders, and maintaining compliance with regulatory and governance standards.

Responsibilities Manage and oversee both solo and group Solvency Assessment and Management (SAM) calculations and reporting, ensuring compliance with regulatory requirements. Oversee end-to-end reserving processes, including methodology development, assumption setting and engagement with business stakeholders on reserve adequacy and changes Drive IFRS17 implementation and ongoing reporting, ensuring alignment with accounting and actuarial standards Working closely with the HAF and auditors on SAM, Reserving and IFRS17 reviews Supporting the Risk team in developing and maintaining ERM frameworks, including ORSA, Risk Appetite and Stress & Scenario testing Lead, mentor and develop a team of actuarial analysts, fostering technical excellence, innovation and accountability Present actuarial insights and recommendations to senior management, Board committees, and other stakeholders to inform strategic decision making. Develop actuarial or statistical models to support pricing, capital management and business planning Drive continuous improvement initiatives, enhancing operation efficiency, automation and risk mitigation withing the actuarial function

Education Bachelor of Science: Actuarial Science (Required)

Experience 5 or more years actuarial experience (Essential); 3 or more years\' actuarial experience within a Short-Term insurance environment (Essential); 1 or more years’ experience of planning and managing resources to deliver predetermined objectives as specified by more senior managers (Essential); 3 or more years’ experience in reserving, SAM and IFRS reporting (Essential); Experience in ResQ software (Advantageous)

Think you have what it takes to be part of an unstoppable team who constantly finds better ways to give peace of mind.

Our Work Experience is the combination of everything that’s unique about our culture, our core values, our company meetings, our commitment to success, our recognition programs, but most importantly, it’s our people. Our employees are self-disciplined, hardworking, curious, trustworthy, humble and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in our area.