Actuarial Senior Manager

EY; Johannesburg; On-site; ZAR 600 000 - 1 000 000; Full time

Job summary

An established industry player is seeking a Life or Non-Life Actuarial Senior Manager to join their dynamic team in Johannesburg. This role presents an exciting opportunity to work on complex actuarial audits and consulting projects, providing exposure to various technical actuarial areas across multiple insurers. You'll collaborate with some of the industry's most knowledgeable professionals, fostering a growth mindset and a collaborative culture. With a focus on continuous learning and mentoring junior colleagues, this position promises to enhance your technical skills and leadership capabilities. If you're passionate about actuarial science and eager to make a significant impact, this role is perfect for you.

Qualifications

• 7+ years in Life or Non-Life Insurance industry required.
• FASSA qualification with specialization in life or non-life preferred.

Responsibilities

• Oversee complex client projects and manage actuarial audits.
• Deliver on engagements covering ERM frameworks and risk topics.

Skills

Actuarial Modelling

Financial Reporting (SAM/Solvency II, IFRS17)

Consulting Experience

Stakeholder Engagement

Critical Thinking

Teamwork

Proactivity

Curiosity

Education

FASSA

Job description

We’re currently looking for a Life or Non-Life Actuarial Senior 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

• Overseeing Managers on complex, multi-faceted client projects
• Managing complex and large actuarial audits on IFRS17 and SAM for life or non-life insurers
• Driving the Head of Actuarial Function engagements for life or non-life insurers and reinsurers
• Delivering on engagements covering ERM frameworks, ORSA, Risk Appetite or other risk topics
• Delivering on value-adding projects covering IFRS17 implementation and other topics related to trends in the actuarial field
• Further developing our team by coaching and mentoring junior colleagues
• 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

• 7+ years’ experience in the Life or Non-Life Insurance industry
• FASSA, preferably with specialisation in life or non-life
• Experience in financial reporting (SAM/Solvency II and IFRS17) and actuarial modelling required
• Presence and confidence in reporting to and engagement with Senior Stakeholders, incl. Board, preferentially with such experience
• Consulting experience required
• Critical thinker and solution-orientated approach
• Team player and proactive, self-starter
• Curious mindset and keenness to learn
• A global mindset with an appreciation of how organisations must respond to new risks that the forces of globalisation bring

About EY

Our values define who we are:

• People who demonstrate integrity, respect, teaming and inclusiveness.
• People with energy, enthusiasm and the courage to lead.
• 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.