Actuarial Manager: Reserving & IFRS17 Lead

Boardroom Appointments; South Africa; On-site; ZAR 1,000,000 - 1,700,000; Full time

Job summary

Boardroom Appointments is seeking an Actuarial Manager: Reserving and Regulatory Capital Management to lead a Non-Life Corporate Actuarial team in South Africa. You will drive reserving, SAM, and IFRS17 processes, delivering insights for senior stakeholders and maintaining regulatory compliance.

You will mentor analysts, develop pricing and capital models, and partner with risk and audit teams to strengthen governance and delivery.

Qualifications

• Bachelor of Science: Actuarial Science (Required)
• 5+ years actuarial experience (Essential)
• 3+ years in Short-Term insurance reserving and IFRS reporting (Essential)
• 1+ years planning and managing resources for objectives (Essential)
• 3+ years experience in SAM and IFRS reporting (Essential)
• Experience in ResQ software (Advantageous)

Responsibilities

• Manage solo and group SAM calculations and reporting for regulatory compliance.
• Oversee end-to-end reserving processes, including methodology and assumptions.
• Drive IFRS17 implementation and ongoing reporting.
• Collaborate with HAF and auditors on reviews of SAM, Reserving and IFRS17.
• Support risk team with ERM frameworks including ORSA and Stress testing.
• Lead and develop a team of actuarial analysts and mentor staff.
• Present insights to senior management and board committees to inform decisions.
• Develop models for pricing, capital management and business planning.
• Drive continuous improvement, automation, and risk mitigation in actuarial function.

Skills

Actuarial expertise

Team leadership

Regulatory compliance

IFRS17

Reserving skills

Education

Bachelor of Science: Actuarial Science

Tools

ResQ software

Job description

Boardroom Appointments is seeking an Actuarial Manager: Reserving and Regulatory Capital Management to lead a Non-Life Corporate Actuarial team in South Africa. You will drive reserving, SAM, and IFRS17 processes, delivering insights for senior stakeholders and maintaining regulatory compliance.

You will mentor analysts, develop pricing and capital models, and partner with risk and audit teams to strengthen governance and delivery.