Actuarial Manager - Johannesburg / Cape Town

EY; Johannesburg; On-site; ZAR 500 000 - 600 000; Full time

Job summary

Join a dynamic and diverse actuarial team at a global leader in assurance and advisory services. This role offers the chance to manage IFRS 17 and Solvency Assessment audits, while supporting the Head of Actuarial Function. You'll work on value-adding projects related to transformation and climate change, helping to mold junior colleagues into future leaders. With a focus on collaboration and a growth mindset, this position provides an exceptional opportunity to enhance your technical knowledge in a supportive environment. If you're passionate about actuarial science and eager to make a meaningful impact, this is the perfect opportunity for you.

Qualifications

• 3.5+ years in the Life or Non-Life Insurance industry required.
• FASSA certification preferred with managerial experience advantageous.

Responsibilities

• Manage actuarial audits for life or non-life insurers.
• Support Head of Actuarial Function and manage engagements.

Skills

Experience in Life or Non-Life Insurance

FASSA certification

Managerial experience

Financial reporting (SAM/Solvency II and IFRS)

Consulting experience

Critical thinking

Proactive self-starter

Education

FASSA qualification

Job description

We’re currently looking for a Life or Non-Life Actuarial Manager to join our Actuarial practice in Johannesburg or Cape Town. Our team consists of more than 100 actuarial professionals across 5 locations in Africa – Johannesburg, Cape Town, Mauritius, Nairobi and Lagos.

Our actuarial consulting team offers a great opportunity to gain exposure across various technical actuarial areas and across a range of insurers in the South African and international market. This accelerates your learning curve, challenges your thinking and gives you the opportunity to gain depth in terms of the application of your technical actuarial skills.

We value teaming, proactivity as well as diversity and inclusion in our team. Our team thrives because of the growth mindset environment and collaborative team culture. You would get the opportunity to work with some of the most knowledgeable actuarial professionals in the industry and colleagues that are not only brilliant but also committed, dynamic and creative.

Through the combination of actuarial audit and consulting experience, our team members gain exceptional technical knowledge, moulding them into industry leaders and front runners on trending actuarial topics.

Your key responsibilities

1. Managing IFRS 17 and Solvency Assessment and Management actuarial audits for life or non-life insurers
2. Supporting the Head of Actuarial Function and managing HAF engagements for life or non-life insurers and reinsurers
3. Managing/supporting on engagements covering Transformation, Climate Change, ERM frameworks, ORSA, Risk Appetite or other topics
4. Managing/supporting on value-adding projects covering IFRS17 implementation and other topics related to trends in the actuarial field
5. Further developing our team by coaching and mentoring junior colleagues
6. Continually learning and sharing your knowledge with the wider actuarial team

Most of your work will be project based for a once-off set period time or on a recurring basis, which enables you to work with different team members and subject matter experts, gaining invaluable experience and technical knowledge.

Skills and attributes for success

1. 3.5+ years’ experience in the Life or Non-Life Insurance industry
2. FASSA, preferably with specialisation in life or non-life
3. Managerial experience would be advantageous
4. Strong self-management and structured in the way they work
5. Team player and proactive, self-starter
6. Experience in financial reporting (SAM/Solvency II and IFRS) preferential
7. Consulting experience would be advantageous
8. Critical thinker and solution-orientated approach
9. Curious mindset and keenness to learn

About EY

Our values define who we are

1. People who demonstrate integrity, respect, teaming and inclusiveness.
2. People with energy, enthusiasm and the courage to lead.
3. People who build relationships based on doing the right thing.

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

Better Me. Better Us. Better Working World.