Corporate Actuarial Manager

AtripleA recruitment & temps; South Africa; On-site; ZAR 900,000 - 1,200,000; Full time

Job summary

A leading recruitment agency in South Africa is seeking a Corporate Actuarial Manager to oversee a team responsible for complex analyses and actuarial services. The ideal candidate will have a degree in actuarial science and 3 to 7 years of experience, with a strong knowledge of actuarial guidance and financial practices. This role emphasizes team coordination, analytical performance, and relationship building with clients and stakeholders. Candidates should possess a self-motivated attitude and be able to work under pressure.

Qualifications

• 3 to 7 years of experience in an actuarial environment.
• Professional, enthusiastic, and positive attitude.
• Knowledge of the insurance industry trends and regulations.
• Strong knowledge of financial analysis and reporting.
• Proficiency in English with a preference for knowledge of another language.

Responsibilities

• Oversee a team while performing routine Reserving or Capital tasks.
• Support reserving and reinsurance analysis.
• Demonstrate increasing knowledge of actuarial disciplines to serve international clients.
• Provide actuarial services with minimal supervision and guide team members.
• Perform data analytics and/ or reinsurance analysis.

Skills

Self-motivation and drive

Ability to meet deadlines

Strong knowledge of actuarial professional guidance

Knowledge of financial analysis

Proficiency in English

Education

University degree in actuarial science, statistics, mathematics, or a related field

Job description

Corporate Actuarial Manager

The role holder will be responsible to oversee a team and to perform routine Reserving or Capital tasks as assigned, requiring minimal direct supervision and to perform more complex analyses.

Key Performance Areas

• Provide actuarial services with minimal supervision
• Coordinate work tasks
• Provide guidance to members of the team
• Perform more complex analyses
• Demonstrate increasing knowledge of relevant actuarial disciplines and procedures to be able to provide first class service to international clients

Reserving Specific

• Under general direction, support reserving, reinsurance analysis, or market-facing business units in support of business objectives and annual IFRS audit
• With appropriate review and guidance from management coordinate, prepare, and perform actuarial analyses including any premium projections, consultations on actuarial models, and risk-based capital issues
• Support financial, market facing business units, claims, risks, capital management, and other functions on reserving and strategic business decisions
• Under general direction, support capital modelling, data quality, regulatory returns, and audits
• With appropriate review and guidance management, coordinate, prepare, and perform actuarial analyses including collection of information from various stakeholders across the business

Business Support Specific

• Support actuarial services related to risk-based capital model development, parameterisation and allocation activities
• Perform data analytics and / or reinsurance analysis

Relationships

Internal

• Actuarial business partners
• Underwriting
• Claims
• Finance (FAR and PPM)
• Senior management / executives

External

• Head Actuarial Function
• Auditors (external and internal)
• Underwriting management agency (UMA) partners
• Network of contacts within the actuarial profession

Minimum requirements

• University degree in actuarial science, statistics, mathematics, or a related field
• 3 to 7 years of experience in an actuarial environment
• Self-motivation and drive
• Professional, enthusiastic, and positive attitude
• Able to meet deadlines and work under pressure
• Strong knowledge of actuarial professional guidance and relevant legislation
• Strong knowledge of financial and accounting practices, financial analysis, and reporting
• Knowledge of the insurance industry trends, directions, major issues, regulatory considerations, and trendsetters
• Knowledge, insight, and understanding of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business
• Knowledge of practices and policies governing disclosure of information about the organisation
• Proficiency in English with a preference for proficiency in at least one other language

To apply, please submit your CV, as well as your latest payslip, to [e-mail] #actuarialjobs #actuarial #vacancy #finance