Head of Actuarial Risk & Capital Modeling — Remote

Rand Mutual Assurance; Pretoria; Hybrid; ZAR 200 000 - 300 000; Full time

Job summary

A leading South African mutual assurance company is seeking a Head of Actuarial Risk Management to lead the actuarial risk function. The role involves developing actuarial risk frameworks, managing a team, and providing insights to enhance risk management processes. Applicants should have at least a level 8 qualification in Actuarial Science and significant experience in insurance. This position offers competitive pay and flexible work arrangements.

Benefits

Competitive salary package

Personal and professional development opportunities

Flexible work arrangements

Qualifications

• Minimum 8-10 years of actuarial experience in an insurance environment.
• At least 5 years of management experience leading actuarial teams.
• Experience with IFRS 17 implementation is advantageous.

Responsibilities

• Lead the actuarial risk function within the organization.
• Develop and implement actuarial risk frameworks.
• Conduct complex actuarial analysis to identify and monitor risks.
• Lead the actuarial components of the ORSA process.

Skills

Actuarial Risk Management

Capital Modelling

Reserving

Data Analysis

Leadership

Education

NQF Level 8 Honor’s degree in Actuarial Science

Member of Actuarial Society of South Africa

Actuarial Fellowship

ASSA Life Insurance Practicing Certificate

Job description

A leading South African mutual assurance company is seeking a Head of Actuarial Risk Management to lead the actuarial risk function. The role involves developing actuarial risk frameworks, managing a team, and providing insights to enhance risk management processes. Applicants should have at least a level 8 qualification in Actuarial Science and significant experience in insurance. This position offers competitive pay and flexible work arrangements.