Actuarial Manager: IFRS17, SAM & Reserving Leader

Discovery Limited

Johannesburg

On-site

ZAR 1,200,000 - 1,800,000

Full time

9 days ago

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Job summary

Discovery Limited in Johannesburg is seeking a high-caliber Actuarial Manager to lead a dynamic team of Actuarial Analysts within the Non-Life Corporate Actuarial division. Reporting directly to the Head of Corporate Actuarial, you will drive end-to-end reserving, regulatory capital modeling (SAM), and IFRS 17 reporting.

If you are a technical authority who thrives on translating complex actuarial metrics into actionable business strategy, this role is built for you and offers strategic

Qualifications

  • BSc in Actuarial Science required.
  • 5+ years actuarial experience, including 3+ years in Non-Life.
  • 3+ years Reserving, SAM, and IFRS 17 exposure.
  • 1+ year in management or resource planning.

Responsibilities

  • Lead and develop a high-performing team of Actuarial Analysts.
  • Oversee end-to-end reserving processes, with methodology development and stakeholder engagement.
  • Direct Solvency Assessment and Management (SAM) calculations and reporting.
  • Drive IFRS 17 delivery across accounting and actuarial functions.
  • Engage with Head of Actuarial Function, external auditors, and Risk teams.
  • Present insights and modelling outcomes to senior management and Board committees.
  • Advance automation and model enhancements across pricing, capital and planning models.

Skills

Leadership
Actuarial Expertise
Reserving
IFRS 17
SAM
Stakeholder Engagement
Modeling

Education

BSc in Actuarial Science

Tools

ResQ

Job description

Discovery Limited in Johannesburg is seeking a high-caliber Actuarial Manager to lead a dynamic team of Actuarial Analysts within the Non-Life Corporate Actuarial division. Reporting directly to the Head of Corporate Actuarial, you will drive end-to-end reserving, regulatory capital modeling (SAM), and IFRS 17 reporting.

If you are a technical authority who thrives on translating complex actuarial metrics into actionable business strategy, this role is built for you and offers strategic

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