Actuarial Assistant Manager - Johannesburg / Cape Town

EY; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading global firm is seeking a Life or Non-Life Actuarial Assistant Manager in Johannesburg. This role offers exposure to various actuarial areas, supporting audits and managing projects while mentoring junior colleagues. Ideal candidates are proactive, critical thinkers with experience in the insurance industry.

Qualifications

• At least 3 years of experience in the Life or Non-Life Insurance industry.
• Preferably no more than 2 actuarial exams outstanding.

Responsibilities

• Supporting or managing actuarial audits on IFRS17 and Solvency Assessment.
• Coaching and mentoring junior colleagues to develop our team.
• Managing or supporting value-adding projects such as IFRS17 implementation.

Skills

Team player

Proactive

Critical thinker

Curious

Job description

We’re currently looking for a Life or Non-Life Actuarial Assistant Manager to join our Actuarial practice.

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 insurers in the South African and international markets. This accelerates your learning, challenges your thinking, and allows you to deepen your application of technical actuarial skills.

We value teamwork, proactivity, diversity, and inclusion. Our team thrives in a growth mindset environment and a collaborative culture. You will work with some of the most knowledgeable and committed actuarial professionals in the industry, who are also dynamic and creative. Our combined actuarial audit and consulting experience provides our team members with exceptional technical knowledge, supporting their success in actuarial exams and progression toward qualification.

Your key responsibilities

1. Supporting or managing actuarial audits on IFRS17 and Solvency Assessment and Management for life or non-life insurers
2. Supporting the Head of Actuarial Function and potentially managing HAF engagements for life or non-life insurers and reinsurers
3. Managing or supporting engagements related to ERM frameworks, ORSA, Risk Appetite, or other risk topics
4. Managing or supporting value-adding projects such as IFRS17 implementation and other emerging actuarial topics
5. Coaching and mentoring junior colleagues to develop our team
6. Sharing knowledge and continually learning within the wider actuarial team

Most work will be project-based, either as a one-off or recurring, allowing collaboration with different team members and subject matter experts to gain invaluable experience and technical knowledge.

Skills and attributes for success

• At least 3 years of experience in the Life or Non-Life Insurance industry
• Preferably no more than 2 actuarial exams outstanding
• Experience in financial reporting (SAM/Solvency II, IFRS, EV) is advantageous
• A team player, proactive, and a self-starter
• Curious with a keenness to learn
• A critical thinker with a solution-oriented approach

About EY

Our values define who we are:

• People who demonstrate integrity, respect, teaming, and inclusiveness
• People with energy, enthusiasm, and 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 passionate people to help build a better working world. Our culture supports training, opportunities, and creative freedom to improve and succeed. Join us to experience the EY difference—lasting a lifetime.