Actuarial Strategy & Valuations Lead (Fellow)

FEM; Johannesburg; On-site; ZAR 1,000,000 - 1,400,000; Full time

Job summary

FEM, a leading insurer, seeks a Senior Actuarial Manager to lead and expand the in-house actuarial function. You will deliver valuations, reporting, modelling and BI insights while supporting strategic objectives and stakeholder engagement.

The role emphasizes leadership, data integrity, regulatory liaison, and the continuous improvement of actuarial processes. Based at FEM’s Johannesburg head office with regional offices in Cape Town, Durban and Johannesburg.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics or related field.
• Fellow of a recognised actuarial institute (FASSA or equivalent).
• 5–8 years of relevant experience in the insurance industry.
• Experience in actuarial valuations, modelling, SAM and IFRS 17 reporting.
• Experience leading actuarial teams.

Responsibilities

• Oversee actuarial valuations and financial/regulatory reporting.
• Lead actuarial modelling, assumption setting and experience investigations.
• Provide actuarial insights, decision support and BI reporting.
• Manage and develop actuarial talent and data integrity.
• Contribute to strategic initiatives, risk management and business planning.

Education

Bachelor’s degree in Actuarial Science, Mathematics, Statistics or related discipline

Fellow of a recognised actuarial institute (FASSA or equivalent)

Tools

SQL

Python

SAS

VBA

Actuarial software

Data visualization tools

Job description

FEM, a leading insurer, seeks a Senior Actuarial Manager to lead and expand the in-house actuarial function. You will deliver valuations, reporting, modelling and BI insights while supporting strategic objectives and stakeholder engagement.

The role emphasizes leadership, data integrity, regulatory liaison, and the continuous improvement of actuarial processes. Based at FEM’s Johannesburg head office with regional offices in Cape Town, Durban and Johannesburg.